May 2010 Monthly Archive
As Pip Diddy said in his roundup, we've got tons of high-impact reports coming out this week. The Bank of Canada will be kicking the party off with its interest rate decision tomorrow. The question on everyone's minds - will the BOC actually raise rates? … More…
Posted 06:08 31 May 2010 by Forex Gump
Well, well, well... have you been paying attention to the LIBOR? What the heck is LIBOR you ask?! To borrow some words from Pip Surfer, chill out dudes and dudettes, sit back, relax, and listen to good ol' Forex Gump giving the 411 on LIBOR.… More…
Posted 06:15 27 May 2010 by Forex Gump
Asia hogged the spotlight yesterday as news centered on the growing tension between North and South Korea. Word on the street is that South Korean officials sent a text message saying, "You sank my battleship!" across the border.… More…
Posted 05:17 26 May 2010 by Forex Gump
While many are hoping that Greece pulls itself out of the debt mess soon, let me play the villain by saying that giving Greece more money probably won't be enough to solve its debt problems.… More…
Posted 05:30 25 May 2010 by Forex Gump
Woah! Looks like inflation is rising in Canada. Could this give the BOC even more reason to hike rates next month?… More…
Posted 06:00 24 May 2010 by Forex Gump
Come 11:50 pm GMT tomorrow, Japan will release the preliminary results of their first quarter GDP report. Given the positive expectations on the report, would we see the yen rally across the board again? … More…
Posted 05:33 19 May 2010 by Forex Gump
Remember a while back, when I pointed out that things were looking bright for the Australian economy, causing the Reserve Bank of Australia to become more hawkish? Well, it looks like the bullish sentiment towards the Aussie is now finally coming to an end!… More…
Posted 05:09 18 May 2010 by Forex Gump
With consumers pulling out their spanking new hundred dollar bills and becoming more confident, I can't help but wonder: Would the consumer sector stay strong? Or would it crumble under pressure?… More…
Posted 06:09 17 May 2010 by Forex Gump
Before I jump into the nitty-gritty of what has been happening recently, let me give you a brief history lesson about dollar and gold prices. It won't be boring, I promise! Read on, folks!… More…
Posted 05:00 13 May 2010 by Forex Gump
The UK elections have come to an end and it looks like we've got a new Prime Minister in town, but no majority party presiding over Parliament! The scuttlebutt on Downing Street, however, is that we could see some alliances in the making...… More…
Posted 05:51 12 May 2010 by Forex Gump
Desperate times call for desperate measures, so they say. The seriousness of the Greek debt crisis has now forced EU troops to usealmost every weapon in their arsenal... Would this be enough to protect them from a full-blown debt crisis or would it leave them more vulnerable?… More…
Posted 05:34 11 May 2010 by Forex Gump
Just in case you've forgotten, let me remind you that we'll be seeing the US non-farm payrolls tomorrow! I know it's hard to keep shifting our attention from one issue to another, especially since euro zone's debt problems are hogging the spotlight.… More…
Posted 06:06 06 May 2010 by Forex Gump
In the red corner, wearing white trunks with red polka dots, from the Land of the Rising Sun, the Japanese yen! And in the blue corner, with the red, white, and blue stars and stripes, the pound-for-pound king of North America, the US dollar! Let's get ready to rumbleeeeee...… More…
Posted 05:30 05 May 2010 by Forex Gump
I feel it in my fingers... I feel it in my toes... The end of this Greek debt drama is drawing near! Or am I speaking too soon?… More…
Posted 05:06 04 May 2010 by Forex Gump