Currencies

Oil crashed back to earth last night, although a Chinese easing measure provided some relief. Dow up 6. (Accessible only for subscribers before 10:15 AEST)

Aussie rate cut, Greek back-down, Wall Street surge, oil surge, copper surge, even iron ore up – could be a big day. Dow up 305. (Accessible only for subscribers before 10:15 AEST)

Extraordinary intraday volatility continued on Wall Street last night as the markets roller-coastered up and down on weak data and further oil price gains. Dow up 196. (Accessible only for subscribers before 10:15 AEST)

Wall Street is still arguing over the Fed’s implications, but markets mostly reversed last night. Dow up 225. (Accessible only for subscribers before 10:15 AEST)

A late plunge in US bond yields last night livened debate as to whether the Fed statement should be considered dovish or hawkish. Dow down 195. (Accessible only for subscribers before 10:15 AEST)

The Chartist reports the Aussie has traded a critical level below 79, suggesting longer term weakness but possibly a brief bounce beforehand.

The ECB afterglow faded last night as weak US data and earnings brought Wall Street back to earth. Dow down 291. (Accessible only for subscribers before 10:15 AEST)

Kathleen Brooks of FOREX.com discusses the possibility of the euro continuing its devaluation against the US dollar in the wake of ECB stimulus.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Kathleen Brooks of FOREX.com discusses last night’s move from the ECB and the potential of its success.