Unlucky for some,

USD - The Treasury Department has changed the plan - the $700 billion bailout may not be having the desired effect in restoring liquidity, getting banks lending to each other again and reducing the clogged credit market. This could cut either way with the US dollar - remaining a safe haven versus the problems in the US internal economy.

GBP - The pound dropped below 1.50 against the US dollar - first time in 6 years and a record low against EUR on strong suggestions of yet more interest rate cuts (tho’ nice if you’re mainly paid in dollars and live in sterling zone…)

EUR - Germany is in recession, it’s official - and the fall is steeper than expected…

So not ‘good’ news all round really - good thing we’re in the spot forex market, where we can be on either side of the equation - unlike those poor suckers in stocks…