Oil plunges below $64 on fears recovery may lag - AP - 23 minutes ago
Oil prices plunged nearly $3 to below $64 a barrel Monday as dismal unemployment figures from the U.S. and Europe last week sparked investor doubts about any nascent economic recovery.

US dollar mostly higher in Europe - AP - 1 hour, 14 minutes ago
The U.S. dollar was mostly higher against other major currencies in European trading Monday morning. Gold rose. The euro traded at US$1.3914, down from US$1.4001 late Friday in London.

Bank Research Consensus Weekly 07-06-09 - Daily FX - 1 hour, 18 minutes ago
A G8 meeting will take place in Italy next week , and interest in the FX market is centring on the Chinese delegation led by President Hu Jintao. In the past week the financial media have reported that China wants a discussion about the USD’s role as reserve currency.

Pound Falters On Growth Concerns and Potential For BoE to Add To QE Measures - Daily FX - 1 hour, 25 minutes ago
The Pound fell over 200 pips following a report that the BoE will announce additional quantitative easing at their upcoming policy meeting. Speculation is that another £25 billion will be added to the original £125 billion asset purchase program which is coming to an end.

Euro lower against dollar at $1.3925 - AP - 2 hours, 51 minutes ago
The euro fell against the dollar Monday as investors moved back into the safe haven of the U.S. currency on fears the global economy is weaker than believed.

China officials call for displacing dollar, in time - Reuters - Mon 3:45 am ET
The financial crisis has laid bare defects in the dollar-led global economy and the world should look to displace the U.S. currency, even if that will take many years, Chinese officials said in comments published on Monday.

Short-Term Forex Technical Outlook: EUR/GBP - Daily FX - Mon 1:35 am ET
Deteriorating fundamentals paired with fears of a protracted downturn in the U.K. continued to drag on the British pound throughout the previous week, and the EUR/GBP may continue to trend higher ahead of the Bank of England interest rate decision this week as investors weigh the outlook for future policy.