The greenback will almost certainly revert to its function as a safe haven currency should sentiment trends develop enough momentum.

The Japanese yen rallied to a fresh yearly high against the greenback.

The British pound resumed its bullish trend after ending lower the week prior with the GBP/USD closing higher for the fifth time in the past six weeks.

Looking ahead at this week’s rate decision, market participants are sure to keep a close eye on any comments trailing the highly anticipated decision.

Stocks have gone nowhere in 12 years. But it’s not nowhere that they need to go. They need to go down. They need to complete their historic rendezvous with the bottom.

The euro rally versus the dollar has really started to gain steam, propelling the euro to retest a major resistance plateau.

The U.S. dollar has come under aggressive selling pressure.

Private sector debt is much greater than public sector debt. So when people begin to pay it down, it has a big effect on everything. Jobs disappear. Prices fall. Businesses go broke.

A depression destroys excessive debt. Businesses with too much debt go broke. Bonds that can’t be paid go into default. Households that have spent more than they could afford go broke.