Greece is disintegrating right in front of our eyes, Egyptian protestors are still hurling stones in Tahrir Square, Muammar is hanging in there and the AFP reports that Iran has been “…carrying out covert ballistic missile tests and rocket launches, including testing missiles capable of delivering a nuclear payload in contravention of UN resolution 1929."
The European Central Bank's Trichet sees red, and hedge funds see problems in Mexico. It's your Thursday FX Fix.
Traders say it would be a positive sign if stocks can hold recent gains, but the market is not likely to make much progress until it gets past a series of major hurdles this summer.
Oppenheimer Asset Management chief market technician Carter Worth said he believes the stock market's latest pull back is ending, and he is buying at these levels.
The dollar is dragging again, and the real is returning to earth. Here's your Tuesday FX fix.