by Forex Gump | 3 years ago | 5:27 AM | 31 Aug 2010
Goodbye August and hello September! I bet some of you are worried about not finding your summer love in time before the season of beach parties and warm beers ends. But don't fret because you may just get some lovin' from FX market thanks to the roster of high-caliber economic reports that we have on tap! … More…
by Forex Gump | 3 years ago | 9:37 AM | 30 Aug 2010
Depressing data from the US made double-dip recession a trending topic among market nerds. This got others debating on the biggest problem of the US economy. Is it rising prices or falling demand? Inflation or deflation?… More…
by Forex Gump | 3 years ago | 5:48 AM | 27 Aug 2010
Have you seen the US's economic stats lately? They're worse than The Last Airbender's review ratings! … More…
by Forex Gump | 3 years ago | 5:50 AM | 26 Aug 2010
Euro zone sovereign credit rating concerns? Isn't that old news? Hah, apparently not! Yesterday, in a not-so-surprising move, S&P decided to lower Ireland's sovereign credit rating to AA- from AA.… More…
by Forex Gump | 3 years ago | 6:00 AM | 25 Aug 2010
It looks like the yen rally is here to stay! With the whole market pushing for yen strength, is the BOJ's hands tied? Or does it still have some tricks up its sleeves? … More…
by Forex Gump | 3 years ago | 6:08 AM | 24 Aug 2010
Based on recent data, it looks like the RBNZ could gear up for another interest rate hike, which may just give the Kiwi a boost. Looking at the charts though, I'm not quite sure about that. Is there divergence brewing between fundamental and technical analysis?… More…
by Forex Gump | 3 years ago | 5:24 AM | 23 Aug 2010
Whew, Australian elections are finally over! However, current Prime Minister Julia Gillard and opposition leader Tony Abbott have at least a week of nail-biting to do as they await the election results.… More…
by Forex Gump | 3 years ago | 5:04 AM | 20 Aug 2010
Thanks to that triple-whammy of weak economic figures from the US yesterday, double-dip recession became a trending topic in the Forex world once again. And it looks like Uncle Sam ain't the only one in danger!… More…
by Forex Gump | 3 years ago | 5:10 AM | 19 Aug 2010
High inflation, strong GDP growth... What else could the BOE be waiting for before it finally decides to hike rates and end its bond-purchase program? Or is it still seeing signs pointing to more QE? Lone dissenter Andrew Sentance's getting pretty antsy here!… More…
by Forex Gump | 3 years ago | 5:33 AM | 18 Aug 2010
Is the US housing market back to life? Judging from the housing data released yesterday, it sure looks like it! Let's dig a little deeper to find out. … More…
by Forex Gump | 3 years ago | 5:26 AM | 17 Aug 2010
After beating Germany for the title of third-largest national economy in 2007, China reached another milestone by recently overtaking Japan as the second-largest economy. Can anybody say go-getter?… More…
by Forex Gump | 3 years ago | 5:42 AM | 16 Aug 2010
Nominal retail sales grew for the first time in three months, climbing 0.4% in July. Likewise, core retail sales surged another 0.2%, to record a rise in seven out of the past eight months. But don't let these upticks fool you, the bigger picture paints a less optimistic retail trade scene. … More…
by Forex Gump | 3 years ago | 6:24 AM | 13 Aug 2010
In my blog yesterday, I mentioned in passing how disappointing Chinese data helped trigger a wide-reaching case of risk aversion in the markets to the benefit of the yen. Today, we will dig a little deeper into the issue and ...… More…
by Forex Gump | 3 years ago | 5:55 AM | 12 Aug 2010
One day. That's all it took for market sentiment to shift in favor of the yen. Is this the reversal that the gloom and doom camp has been waiting for? Is risk aversion back in vogue?… More…
by Forex Gump | 3 years ago | 6:00 AM | 11 Aug 2010
It looks like the Fed's a little worried over the outlook for the US economy. How does the Fed plan to respond to all this? Well you can bet they won't be sitting on their hands!… More…
by Forex Gump | 3 years ago | 5:24 AM | 10 Aug 2010
Once upon a time, the Aussie was the "it currency" of the market after its stellar economic performance launched it to stardom. But with recent Australian reports printing bad figures one after another, could its ride up the charts come to a crashing halt? Let me give you the lowdown.… More…
by Forex Gump | 3 years ago | 5:24 AM | 09 Aug 2010
As the FOMC heads gather to discuss the fate of the US economy, will they grant the markets with an interest rate hike? I doubt it! And I'll give you six reasons why...… More…
by Forex Gump | 3 years ago | 5:37 AM | 06 Aug 2010
Another week of economic data, another week of good news for the euro zone! Is it time to finally say that the worst is over for the euro zone? … More…
by Forex Gump | 3 years ago | 5:27 AM | 05 Aug 2010
Ooh, I've got a hunch that the upcoming NFP report is hiding something up its sleeve. Judging from the better-than-expected ADP employment data, could we expect the NFP to print positive figures and bring good news for the US labor market?… More…
by Forex Gump | 3 years ago | 5:17 AM | 04 Aug 2010
The pound just seems to keep getting lighter and lighter! Upbeat economic figures from the UK, along with increased risk appetite, kept the pound flying across the charts but would the upcoming BOE statement cut its flight short?… More…
by Forex Gump | 3 years ago | 5:39 AM | 03 Aug 2010
In this article, I'll give you all the dirt on the Greenback and why it might be a good idea to start dumping it. What's up with that big "L" on the Greenback's forehead?… More…
by Forex Gump | 3 years ago | 5:40 AM | 02 Aug 2010
With evidence highlighting that inflation might not be as hot as Angeline Jolie in Salt, it's starting to look like the RBA may pause on any rate hikes for the rest of the year!… More…