by Forex Gump | 3 years ago | 6:08 AM | 31 May 2010
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…
by Forex Gump | 3 years ago | 6:15 AM | 27 May 2010
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…
by Forex Gump | 3 years ago | 5:17 AM | 26 May 2010
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…
by Forex Gump | 3 years ago | 5:30 AM | 25 May 2010
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…
by Forex Gump | 3 years ago | 6:00 AM | 24 May 2010
Woah! Looks like inflation is rising in Canada. Could this give the BOC even more reason to hike rates next month?… More…
by Forex Gump | 3 years ago | 5:33 AM | 19 May 2010
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…
by Forex Gump | 3 years ago | 5:09 AM | 18 May 2010
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…
by Forex Gump | 3 years ago | 6:09 AM | 17 May 2010
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…
by Forex Gump | 3 years ago | 5:00 AM | 13 May 2010
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…
by Forex Gump | 3 years ago | 5:51 AM | 12 May 2010
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…
by Forex Gump | 3 years ago | 5:34 AM | 11 May 2010
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…
by Forex Gump | 3 years ago | 6:06 AM | 06 May 2010
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…
by Forex Gump | 3 years ago | 5:30 AM | 05 May 2010
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…
by Forex Gump | 3 years ago | 5:06 AM | 04 May 2010
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…