The Japanese Yen roared higher in overnight trading as the US Senate failed pass a vote that would have led to a decision on a bailout plan for America’s top three automakers. Risk appetite rapidly evaporated, sending stock index futures lower and pushing USDJPY to levels unseen in 13 years. Continued volatility lies ahead as [...]

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Mark Whistler is the Senior Market Strategist at TradingMarkets.com; bringing traders timely buy and sell ideas through Forex Force. Mr. Whistler can also be seen on CNBC from time to time, discussing various facets of investment markets.
As the founder of WallStreetRockStar.com and is the author of: Trading Pairs, Trade with Passion and Purpose [...]

It had to come. Overnight, U.S. rates dropped sharply below 3-month LIBOR and stayed below it for quite a few days now, a sure sign that at least the banks had begun to lend to each other again. The confidence now filtering back into the system must increase though, with the wholesale and retail credit [...]

Canada’s currency dropped to the lowest in four years on speculation that worldwide economic growth will slow as U.S. investors sell assets.