Economics plays a huge role in the foreign exchange market. I enjoy looking at economic trends and trying to see how it affects currencies and life in general. I will post my thoughts and observations here. I'm throwing macroeconomics, forex trading, pop culture, and everyday life into a pot and hopefully the final product are lessons that are easy for you to consume.
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Common sense tells us that if US data comes out bad, shouldn't the dollar fall? If that's the case, then what the heck happened last week?? Let me recap what happened... Existing Home Sales On Wednesday, US existing home sales...… More…
Here's a cool side-by-side comparision on the blog, Economist's View, of the latest FOMC statement with the meeting before. It's interesting to see how hardcore economists like to dissect these things. I've attempted a dissection myself. My comments are in...… More…
Here's a pretty picture of interest decisions by the European Central Bank, Bank of England, and Federal Reserve since 1999. Source: Wachovia Corporation Economics Group Here are the predictions of rate moves from Wachovia economists for the rest of the...… More…
