More US Fed Revises Economic 2009 Outlook The US Federal Reserve severely downgraded its projections for 2009. Unemployment numbers have been lifted to between 8.5 and 8.8 percent instead of 7.1 to 7.6 percent, and the Fed. Dollar closing up for the fourth straight day. Obama Aide Says More Bailout Money to be Earmarked For Consumers An aide to President Barack Obama said today that more of the second half of the $700 billion Troubled Asset Relief Program (TARP) will find its way directly to consumers in a bid to free-up frozen credit markets.

Forex Trading News and Rumors President Barack Obama released details on a $75 billion plan to reduce the record number of foreclosures facing the American public.

More Gold Jumps to Highest Rate in Almost Five Months Gold closed at its highest price in nearly five months in New York as investors fear that governmenr spending could lead to inflation. More Canadian Dollar Marks Fourth Straight Day of Gains It appears that the Loonie is on a hot streak against the U.S.

This is the first time since Nike that the Loonie has appreciated against the brucie four days in a row.