Shares of State Street Corp are down over 40% as the colonoscope shifts to the custody banks. Mortgage banks got it firs, followed by investment banks (which often were one and the same). No the big custorians are taking the heat. If those guys go down, God help us all.

EUR/USD has jumped up to 1.4440 on the renewed financial turmoil. !.4500 and 1.4540 are resistance on rallies. Asian central banks were rumored sellers up there earlier today.