Forex News: Dow erases 500 point loss in minutes There is buying the stock market as the 4:00 PM close approaches and traders square shorts/go long into the weekend. GBPUSD has moved back above the 1.700 level. EURUSD has move back above 1.3400 after being as low as 1.3258 50 minutes ... ...

Forex News: Monday is NY and Japanese Banking Holiday. G7 and ... As a result of the G7/G20 meetings this weekend, and the Columbus Day holiday in the US and the bank holiday in Japan, the liquidity conditions in the market may be lessened on Sunday night and Monday. ... Go to Full Article

British Pound Consolidates Massive Losses - Recovery in Store? The British pound held to a range of 1.6900 - 1.7150 on Friday, holding up fairly well versus the dollar compared to currencies like the euro, which plunged. Go to Full Article

Euro Plummets On Fears G7 Will Not Find Solution The euro hit the lowest levels in over a year before finally hitting support at the 6/13/07 low of 1.3263. Indeed, fears of a financial market meltdown... Go to Full Article

US Dollar: Will We See A Reversal Early Next Week? Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market. Go to Full Article

US Dollar: Will We See A Reversal Early Next Week? Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market. However, if the G7 or EU comes... Go to Full Article

The Case for a Bounce The price action in the equity markets today was nothing short of impressive. We literally had a W shaped trading day where stocks opened down 600 points, rallied back into positive territory, sold off again by another 600 points before ... Go to Full Article

The Case for a Bounce The price action in the equity markets today was nothing short of impressive. We literally had a W shaped trading day where stocks opened down 600 points, rallied back into positive territory, sold off again by another 600 points before ... Go to Full Article

British Pound Consolidates Massive Losses - Recovery in Store? The British pound held to a range of 1.6900 - 1.7150 on Friday, holding up fairly well versus the dollar compared to currencies like the euro, which plunged. Go to Full Article

Euro Plummets On Fears G7 Will Not Find Solution The euro hit the lowest levels in over a year before finally hitting support at the 6/13/07 low of 1.3263. Indeed, fears of a financial market meltdown... Go to Full Article

US Dollar: Will We See A Reversal Early Next Week? Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market. Go to Full Article

US Dollar: Will We See A Reversal Early Next Week? Flight-to-safety triggered major gains for the US dollar on Friday, as volatility remained exceptionally high in the market. However, if the G7 or EU comes... Go to Full Article

NYSE And Nasdaq Propose Another Short-Sell Ban; US Dollar Rises To ... Panic and risk avoidance continues to dominate the investing landscape on Friday, resulting in the zigzag rollercoaster ride in the markets. The Dow (^DJI) is losing blood again, despite repeated calls of a market bottom...

Lehman CDS Auction Results And More It could have been worse, but it’s not “great” news. Will this be enough to temporarily calm the markets? LEHMAN CDS AUCTION RESULTS: VALUE SET AT $0.08625/DOLLAR V $0.0975 INITIAL. There’sa lot of talk about what the G7 meeting might ... Go to...

Friday’s Buzz: Global Stocks Down, Libor Up, CDS Auction Today Market panic spreads worldwide, and not just confined to the USA. Markets Tank Overnight:. No Easing Up In Credit … . Article Published On GraceCheng.com - visit Grace Cheng Financial News & Opinions for more ... Go to...