Dollar gets stronger. EURUSD tests the lows The EURUSD has moved back toward the lows for the day. The pair got a brief respite on the UAL rumor but after the denial, the pair continued the move lower. The pair is now getting more comfortable below the 100 week moving average at ... Go...

US Government Bails Out Ailing Mortgage Giants Fannie Mae And ... In what could prove to be the biggest federal bailout in US history, the federal government will take control of mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) - the US government’s latest attempt to blunt a credit...

Fannie And Freddie Get Bailed Out, But Shareholders Get Left In ... Fannie Mae (FNM) and Freddie Mac (FRE) were taken over, more or less by the US Government. Markets overseas most definitely were anticipating a positive reaction here in the United States. With S&P (^GSPC) and NASDAQ (^IXIC)...

Fannie, Freddie News Not Shocking The US taxpayer will be bailing out Fannie Mae (FNM) and Freddie Mac (FRE) after all. Announced over the weekend, the federal government will be absorbing the enormous amount of mortgage loan defaults from the government-sponsored ... Go to Full Article

Sec. Paulson: Here Is My Mortgage Payment Information So my wife asked me a question this morning. She asked, ” I just heard that the US government is going to take control over Freddie (FRE) and Fannie ]. Does that mean that we can discontinue paying our mortgage? ... Go to Full Article

Market Implications Of The Fannie/Freddie Takeover Having recently re-read Arturo Perez-Reverte’s excellent Flanders Panel, last night Macro Man played chess with Mrs. Macro for the first time in at least five years. He discovered to his chagrin that it is very difficult to play chess ... ...

How Does the Fannie / Freddie Announcement Impact the FX Market? This weekend, the US government announced that they have seized control of Fannie Mae and Freddie Mac, also known as the Government Sponsored Enterprises (GSEs). The sharp rally in the Asian and European stock markets as well...

Forex Trading:GBPUSD gapped higher than heads lower The GBPUSD gapped higher over the weekend as the government bailout worried the dollar bulls. The pair opened above the 100 day moving average at 1.7763 which gave the market even more of a concern. The pair had not been above the 100 ... ...

Forex Trading News: Treasury Secretary Paulson on the Wires TREASURY SECRETARY PAULSON SAYS HAD NO CHOICE BUT TO TAKE OVER FANNIE AND FREDDIE. - Expects market volatility until housing market stabilizes - Failure of GSEs would have strong impact on markets - Takeover details of GSE's are not...

Forex Trading News: UK PPI Input and Output Released The UK PPI Input came out at -2.0% from the previous -0.6%. This was forecast for a drop to -1.2%. The UK PP Output also came out worse than forecast at -0.6% from the previous 0.4%. A drop to 0.1% was forecast. ... Go to Full Article

Forex Trading News: CHF Unemployment Rate Released The CHF Unemployment Rate comes out as forecast with no change from previous 2.5%. The CHF did not react to this data. Go to Full Article

Forex Trading News: JPY Economy Watchers Current Index Released The JPY Economy Watcher Current Index comes out a little worse than expectation at 28.3 from the previous 29.3. 29.7 was forecast for this release. The JPY did not move much after this data. Go to Full Article

Forex Trading News: Economic Calendar (9/8/2008) Monday, September 8, 2008. Go to Full Article

FXDD Forex Videos: Sept 7th-12th 2008 - Weekly Market Update FXDD Forex Videos: Sept 7th-12th 2008 - Weekly Market Update. Go to Full Article

September 08 market commentary and technical levels Mon, 08th of September, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook Friday the bearish momentum of EURUSD was rejected. The pair bottomed at 1.4196 before whipsawed to the upside, hit the high of the day at 1.4348 ... ...