Currencies

The Fed surprised the market last night with another trillion of fresh greenbacks, turning the Dow around for a 90 point gain.

The Dow surged a Guinness-fuelled 178 points last night as suddenly the world is a rosy place.

The Dow lost 7 points last night as Wall Street just failed to make it a five-day rally. (Locked for subscribers until 10:00 AEDT)

Moves by policy makers to adopt quantitative easing as another attempt to stimuluate economic activity is likely to weigh on the euro and yen against the US dollar according to Danske Bank.

Wall Street makes it four days in a row, booking its best week since last November as investors cross fingers in hope for more.

The West has stopped buying so the East has stopped exporting. Where will this lead us? Can the whole world hyperinflate?

Wall Street extended its rally last night as suddenly the world doesn’t seem so bad after all. Dow up 240.

Standard Chartered sees the US dollar coming under short-term pressure from improving investor risk appetite but TD Securities doesn’t see the Aussie or Kiwi dollars benefitting from such a trend.

Wall Street managed to hold onto Tuesday’s gains last night. Dow unchanged. (Locked for subscribers until 10:00 AEDT)

Good news for the financial sector flipped the market last night sending short-coverers scrambling. Dow up 380. (Locked for subscribers until 10:00 AEDT)