Barack Obama has seven days to find a sense of humor.

If history is a guide, the cost of Washington's bold action will ultimately outstrip any estimate now being floated.

Even before the bailout, these banks had been trending steadily higher. Now they're looking even better.

The thrift jumps on reports that several potential buyers are talking to it.

If treacherous markets don't spoil your golden years, retirement scams could leave you in the poor house.

The battered bank's shares jumped on takeover talk and much-needed government intervention.

Well yesterday was the worst day of the banking crisis by a long shot going back 13 months. Actually it was worse than the 1987 stock market crash. Well actually it was worse than the 1929 stock market crash. There

In currencies, dealers are noting a winding theme of risk aversion in the wake of the financial bailout plan and Fed's intention to buy GSE debt from primary dealers. Overall the dollar's tone has been mixed as it firms against

The rush into global equity markets and U.S. index futures during the Asian and European trading sessions drove traders into carry trade positions. The high-yielding euro and pound rose well off their session lows against the dollar while the aussie

Overnight, the US dollar rallied against a basket of currencies as the US mulled over a comprehensive plan to tackle the credit crisis. However, early in the morning, those gains were erased as the dollar was brought back under pressure

The volatility that we have seen in the currency, stock and bond markets this past week has not been for the faint of heart.The Dow Jones Industrial Average fell 500 points on Monday, but instead of continuing lower over the

Forex market conditions have seen a short-term improvement, as a sigh of relief across global financial markets eases tensions and returns much-needed liquidity to traded markets. News that the US Treasury plans to buy up troubled debt from private companies

The Dollar-Yen pair, from its low yesterday near 104 has seen a strong 400 pip climbs in response to the government's plan. The pair tested resistance near the 108 level, before turning back. Global stocks had strong rallies and the

Stocks were making their biggest 2-day rally since 1970 as President Bush, flanked by Treasury Secretary Paulson and Federal Reserve Board Chairman Bernanke, outlined a plan to take over troubled mortgage-backed securities form financial institutions.

The session was dominated by news the U.S. government is planning a Resolution Trust Corporation-like entity to take distressed mortgage securities off the banks' balance sheets. Global equities and U.S. index futures soared, with markets in China and the U.K.

USD valuations were heavily influenced by winding carry trade positions on Friday, which soared as global equity markets rallied. Traders piled into Asian and European equities, U.S. index futures and carry trades on the news the U.S. government was setting

The Usd experienced further losses after a volatile day of trading. The EurUsd rose over 100 pips following yesterday's close to 1.4466, additionally the UsdJpy picked up major gains to the mid 107 level. the GbpUsd traded higher to 1.8318

In spite of the euphoric bounce in worldwide equities and relapse of gold prices today, I'm not optimistic about the dollar. Enormous central bank infusions of dollars to defrost frozen money markets are supposed to get sterilized, but I doubt

Carry trades finally make a massive come back on another as stock markets soars for another day. DOW opens sharply higher and reaches as high gain more than 400 pts following announcement of US Government's market rescue plan and banning

USD/JPY's rally from 103.54 extends further to as high as 108.02 in early US session and is now pressing 107.97 resistance. At this point, intraday bias remains on the upside as long as 106.63 minor support holds. Decisive break of