How close is the Federal Reserve to easing monetary policy in November?

No matter how you analyze the market, you must never forget the human element.

Printing up extra money -- with no backing -- used to be the sort of thing only counterfeiters did. Now it is done by the central bankers and Treasury Secretaries themselves.

The most remarkable dynamic behind the dollar's performance this past month has been the constant speculation surrounding the Fed's response to a sputtering economic recovery.

The euro set fresh 9-month high against the US Dollar, but a late-Friday reversal warns that the single currency may be on the cusp of a much larger correction following substantial gains.

With next to nothing of note on the domestic calendar, risk sentiment is likely to take over Japanese yen price action.

The Bank of England's minutes are expected to show policy member Andrew Sentance continuing to push for a rate hike as inflation remains stubbornly above the central bank’s target.

Many assets and currencies have suspended their meaningful connections to economic and financially-based fundamentals in order to follow speculative biases. The Canadian dollar is no exception to this role.

Ben Bernanke gave the Japanese some advice about 10 years ago. He said that if their economy was stuck in the doldrums it was their own damned fault.

Things are not getting better. The US government is so deep in the hole it may never be able to get out. It borrows a dollar for every dollar it receives in taxes. So, it's still digging the hole deeper.