Dollar Suffers Biggest Two-Day Loss Since December
Traders dumped dollars for euros today pushing the dollar down to 1.2828 per euro by 2:30 PM New York time. More
Canadian Dollar Gains on US Dollar
The Canadian dollar – known as the “loonie” – gained on the US dollar for the third straight day as traders across the board reduced their US holdings. More
Paul Volker – former head of the Federal Reserve and now a key advisor to President Obama – said today that the global economy could be collapsing at a rate and depth even worse than the Great Depression of the 1930s. More
Crude Prices Fall After Yesterday’s Gains
After jumping more than 14 percent yesterday on reserve concerns, oil closed down 6.5 percent today. More
