Currencies

Last night six central banks made a coordinated rate cut, including the Fed, BoE and ECB. Initial enthusiasm was lost, with the Dow closing down 190 points.

The Dow fell another 500 points last night as the selling wave continued.

The Dow was down 800 points at its lows last night, driven by a rout in Europe, before rebounding in the last hour to be down 370 at the close. (Locked for subscribers until 10:00 AEDT)

The Dow fell 150 points on Friday having been up 300 points when the bill was passed.

The Dow fell 348 points last night on anxiety over whether the bill will be passed but more specifically on very poor economic data.

Wall Street took a breather last night as it awaits a modified bill to pass through the Senate and go back to the House.

The Dow bounced back 485 last night as Congress vowed to reach resolution and the SEC decided to readdress CDO accounting rules.

Gold is back in favour, at least for the moment. Will gold now regain its rightful status (and continue to appreciate)?

Main Street voted down Wall Street last night on both sides of the House, rejecting the rescue plan . The Dow fell 770 points, its biggest fall since trading opened after 9/11.

Gold is back in favour, at least at the moment. Will gold now regain its rightful status (and continue to appreciate)? (This story was first published for subscribers last week)