October 2009 Monthly Archive

What the Kiwi is Going On?

Early this month, the NZDUSD continued its steady climb, hitting yet another yearly high. However, the Kiwi has given up all of its October gains the past three days -what gives? Read more

Daily Economic Roundup – October 30, 2009

Happy Halloween! Will we get another treat from today’s action? Before you change into your costumes.. first, see what’s up in our daily economic roundup! Read more

Daily Economic Roundup – October 29, 2009

The release of the US third quarter GDP could cause quite a commotion during today’s US session. Aside from that, what other economic reports could rock the markets this day? Read more

Daily Economic Roundup – October 28, 2009

The dollar is gaining steam, as it generally finished higher against other majors in yesterdays trading! Is dollar buying here to stay? Read more

US Economy: Out of the Rut?

The greenback takes center stage this week as traders eagerly await the release of the US third quarter GDP. Would it follow the footsteps of the Aussie and the Kiwi in enjoying positive economic growth? Or would it suffer the same fate as the pound after the UK printed a negative GDP reading? Read more

Daily Economic Roundup – October 27, 2009

Despite the light economic calendar, the USD managed to gain significant ground against most major currencies yesterday. Another chance for investors to sell the USD at more expensive levels? Perhaps! Read more

Daily Economic Roundup – October 26, 2009

This week will be action-packed once again with the release of several top notch economic updates. See what’s up on our daily economic round up! Read more

Daily Economic Roundup – October 23, 2009

It’s the last day of the week, my fellow forex traders! Time to lock in those profits, yes? Before you do, make sure you check out today’s economic roundup! Read more

Canada Gets Left Behind?

RBA interest rate hike? Check! RBNZ to raise rates? Probably. Bank of Canada rate hike? Not a chance…. Well, not in the near future at least. How come the Loonie seems to be trailing behind its com-doll buddies in raising interest rates? Read more

Daily Economic Roundup – October 22, 2009

Ooooh… Lot’s of high impact reports coming out today – my forex senses are tingling! See what’s happening later today! Read more

Daily Economic Roundup – October 21, 2009

The dollar managed to gain against most major currencies as risk aversion from poor US data hit the markets yesterday. Is this simply a chance for investors to buy the dips? Read more

Earnings Season Three

So I heard the DJIA made it above the 10,000 mark and reached a fresh yearly high but what does that mean for us forex traders? Isn’t that the kind of stuff that only stock traders go crazy over? Read on and you’ll be surprised to learn how the earnings reports could move the currency market as well. Read more

Daily Economic Roundup – October 20, 2009

The capitals markets started the week on a good note in anticipation of some encouraging earnings reports from the likes of Apple and Texas Instruments. Will the markets be able to follow through on this? Check out our daily economic roundup! Read more

Daily Economic Roundup – October 19, 2009

It looks like traders shifted to profit-taking mode last Friday, forcing most currency pairs to take a break from their recent rallies. Let’s see how the currencies would fare this October 19, the anniversary of the infamous Black Monday. Read more

Daily Economic Roundup – October 16, 2009

Safe havens took another hit in yesterday’s trading session, as risk trades are still dominating the markets! With it being a Friday, could we see some profit taking in play? Read more

Daily Economic Roundup – October 15, 2009

The dollar took another major hit from major currencies yesterday as commodity prices rose and company earnings came out better-than-expected. Is risk appetite here to stay? Read more

Daily Economic Roundup – October 14, 2009

After a relatively quiet session yesterday, currency prices may bust out today given the top tier economic and earnings reports in the US. See what’s up on our daily economic roundup! Read more

BOJ: Hold or Fold?

Earlier today, my friend Big Pippin stopped by and asked me, “Yo, what’s the hizzy on the yen bro? Lately, I’ve noticed that the yen has been on a roll! What’s cookin’!?” Read more

Daily Economic Roundup – October 13, 2009

Dollar bears prowled the markets yesterday while traders from the US and Canada were on a holiday. As these traders return from their long weekend, they’re welcomed by the usual crowd of economic reports. Make sure you read up! Read more

Daily Economic Roundup – October 12, 2009

Looks like the dollar was able to put up a fight against other majors on Friday. Wondering what news could bring the rise or the demise of the dollar this week? Check it out in today’s roundup! Read more

Daily Economic Roundup – October 9, 2009

Dollar bears sharpened their claws again yesterday as they took the currency lower against major currencies. Today’s economic calendar has huge offering of data for us so expect a lot of volatility as we approach the weekend! Read more

Daily Economic Roundup – October 8, 2009

Two top tier economic reports are on tap today – BOE and ECB interest rate decisions. Be on the guard for some possible volatility! Read more

Daily Economic Roundup – October 7, 2009

USD weakness was the name of the game yesterday, causing gold prices to surge and comdolls to hit new yearly highs. Will the USD be able to recover or could major currencies push it lower? Better read up on today’s economic roundup! Read more

Jobless Affair: AUD & CAD

After seeing dismal figures on the US NFP report, it’s time we check out the labor situation in other parts of the globe. After all, we don’t want the US hogging the spotlight, do we? Australia and Canada have their employment reports due this week so let’s start from there… Read more

Daily Economic Roundup – October 6, 2009

After a relatively slow Monday, we could be in for a thundering Tuesday as high impact news will be released throughout the day! Check it all out in today’s roundup! Read more

Daily Economic Roundup – October 5, 2009

Did you get whipsawed last Friday when the non-farm payrolls came out? If you did, better to be ready next time by keeping up with my daily economic roundups… Especially since this week’s economic calendar is packed! Read more

Daily Economic Roundup – October 2, 2009

It’s not the Fourth of July but expect to see some fireworks given today’s NFP report in the US! Buckle up! Read more

Unemployment Blues

Are you ready for this week’s blockbuster? I’m sure you know what I’m talking about – the mother lode of all economic data: The non-farm payrolls on Friday! Read more