Daily Economic Roundup - September 30, 2009
It's the last day of the month but before we bid September farewell, the markets have blessed us with a slew of economic data today! Check out what's on the agenda in today's roundup!… More…
Wake me up when September ends! Indeed, the major currencies jolted into action yesterday as we marked the end of the month and the end of the third quarter. Take a peek at the economic reports in store for the 1st of October.… More…
It's the last day of the month but before we bid September farewell, the markets have blessed us with a slew of economic data today! Check out what's on the agenda in today's roundup!… More…
Threats of diversification, risk appetite, the prospect of a global economic recovery, calls for a new world reserve currency... Just when everyone seems to be ganging up on the dollar, ECB President Trichet went out on a limb to prop up the dollar and said, "Yo, I got your back..."… More…
It looks like all eyes were on the yen in yesterday's trading session as it made some serious advances versus most major currencies. With the second day of the week at hand, will we see the dollar take back the spotlight?… More…
Last week, we saw the USD gain some stability and support. Will data this week continue to support the USD's cause? Or will it cause it to falter? Check what's coming up this week in today's roundup!… More…
Hmmm... The Fed just released its latest FOMC statement, and once again, gave us a combination of optimism and pessimism. It seems like they are hoping that consumers would pounce on anything that hints of a recovery. Then again, words are just words without evidence so let's delve into the deep and see what's really happening underneath the surface. … More…
The Greenback surged like crazy yesterday, beating down most major currencies except for the Yen. Will the high-yielders get burned again today? Or is it the Greenback's turn to get knocked down? … More…
Another crazy day in the Forex world yesterday as the FOMC report rocked the markets! Don't know what happened? Check it out in today's roundup! … More…
Is it just me, or does it seem like every time you turn on the TV nowadays, you hear something about Twitter? You may have noticed that we have been playing around with Twitter for a little while now, as I've been managing the account for the best forex site ever...… More…
Welcome to another week of trading, my forex friends! Before you jump right ahead and make some pips off today's price action, make sure you check out the daily economic roundup! … More…
Almost the weekend fellas! With little economic news on deck today, will high yielders be able to push even higher? Or, with it being a Friday, could we see some profit taking take place?… More…
Just a while back, one could probably say that there was a strong correlation among higher-yielding currencies. But now, I'm not sure if we should include the pound into that equation, given the crazy and wild swings by pound pairs the past couple of weeks. … More…
Let's give the comdolls a round of applause for another stellar show yesterday. If this keeps up, I might just consider changing countries!… More…
It was a crazy day yesterday with both the pound and the swissy making some wild swings. Will we see the same volatility today? Well, it's probable given the top tier economic reports on tap. Better check out our daily economic roundup!… More…
Last week, I pointed out in my daily economic roundup that the Swiss economy replaced the US atop a list of best performing economies. The World Economic Forum applauded the Switzerland for being innovative and stable in a time of crisis. The question to ask is, is there data to support this? … More…
There's plenty of high-impact and possibly sentiment-shifting economic reports on today's schedule so make sure you're up to speed with the daily economic roundup! … More…
Start of a new week! Need to get your fix? See what's on the economic menu for this week in today's roundup!… More…
Looks like today's economic calendar is pretty light and event risk minimal... Still, it wouldn't hurt for you to be on your toes so check out what's up in today's economic roundup!… More…
"Fed Leaves Interest Rates Near Zero... ECB Keeps Rates at a Historic Low of 1%... RBA Feels Pressure to Hike Rates..." What's all the fuss about central banks and interest rates? And what do these have to do with the currency market? Well, let me give you the 411... … More…
Currencies have been on snooze mode for the most part of this week. That may change, though, with today's top tier releases - BOE and BOC interest rest decision!… More…
End of summer... End of low liquidity... End of the greenback?! After the UN urged for reducing the greenback's role in global trade, most majors trampled on the USD. Will they be able to sustain this rally today? Find out on today's economic roundup! … More…
While the rest of us were enjoying the long weekend (well, at least I did), it seems that some people still went to work - namely G20 leaders. So what did our favorite suits discuss this past weekend? … More…
Mixed trading yesterday as no high impact economics reports were released. With North America coming back from the long weekend and more reports on deck today, can we expect more volatility in the markets?… More…
As expected, the US non-farm payrolls caused some serious market moves... But we've got a brand new week now and a lot of interest rate decisions upcoming from our beloved central banks! Check them out in my daily economic roundup!… More…
Trading was rather thin yesterday ahead of the NFP report in the US today. Though, the capitals markets together with the higher yielding currencies traded on the positive side due to the 4+% jump in China's stock market. Today, expect a round of volatility following the release of the NFP survey.… More…
Has it already been one month? With the Non-Farm Payrolls report just around the corner, it's time for me to give you my take on US labor market conditions! … More…
Price action was a bit slow yesterday as traders seem to be revving up for something big. Read up on the economic reports that could kick the price action into high gear today! … More…
"Wake me upppppp, when September ends..." cried higher yielding currencies, as they sold off against the USD and JPY on the first day of the month. With more high impact reports on the way, where will the action take us? … More…
If you're still wondering why the JPY suddenly surged yesterday, you probably won't find the answer from the recent set of economic data from the major economies. Rather, the market felt the impact of some hard-hitting events from the Far East. … More…