QE Round Two? UK Edition
Loose lips sink pips. BOE monetary policy committee member Adam Posen just uttered those two nasty letters that send shivers down pound bulls' spines: Q and E. Uh oh...… More…
And the drama continues! Yesterday, the U.S. House of Representatives passed a bill that will allow the U.S. to charge tariffs on countries that undervalue their currencies. Hmmm... I wonder who they could be talking about...… More…
Loose lips sink pips. BOE monetary policy committee member Adam Posen just uttered those two nasty letters that send shivers down pound bulls' spines: Q and E. Uh oh...… More…
Ahh, the busy bees in the Forex streets are once again buzzing with excitement over this report that pops up in Japan once every quarter. You know what I'm talking about... The quarterly Tankan survey!… More…
Every so often, two bulls decide to lock horns. Such is the case with China and Japan. Keep an eye out for the effects of this rift because things could get ugly!… More…
For the past two weeks, EURUSD had been on a hot bull rally, posting fresh monthly highs and breaking above the 200 SMA on the daily chart. However, it stopped short of successfully trading past the 1.3400 handle yesterday as the ghost of structural problems resurface to haunt it. … More…
If there's one currency that's as stubborn as a 2-year old toddler, it's the Japanese yen. The Bank of Japan has been pulling all the stunts, from verbal jawboning to actual currency intervention, yet it still can't get the yen to behave. Why won't its "tried-and-tested" moves work?… More…
People are still buzzing about this month's most highly-anticipated event - no, I'm not talking about the season six premiere of How I Met Your Mother. I'm referring to the recent FOMC statement!… More…
Both Ireland and Portugal are having bond auctions this week. You know what that means - potential spikes of volatility! How will the markets react? Will we see the return of risk aversion? … More…
Ahhh... It's another FOMC week! After last week's rumors about more quantitative easing, all eyes will be on tomorrow's statement. Here are three things you should look out for... … More…
Take a deep breath. Do you smell that? That, my friends, is the smell of US Treasury Secretary Timothy Geithner getting grilled by the Senate Banking Committee. Yesterday, Geithner had the unenviable task of answering to senators who have been pushing the Obama administration to accuse China of currency manipulation.… More…
Step aside, Greenback. Make way for the hottest and shiniest safe-haven in town: Gold!… More…
Phew! After months of wishing and waiting, Japan breathed a sigh of relief as Prime Minister Naoto Kan emerged as the winner in the recent elections. What's his plan for Japan?… More…
Just yesterday, the markets seemed to rejoice after finance ministers and central bank heads reached an agreement on Basel III. Yipee! Wait a minute, what's Basel III?… More…
Shopaholics unite! It's time to check out the upcoming retail sales reports to see the status report on consumer spending. New Zealand, United States, and United Kingdom, how you doin'?… More…
In the Fed's Beige Book, central bank officials highlighted some bright spots in the US economy, such as higher consumer spending and improved private investments. Still ain't good enough?… More…
The UK takes center stage on Thursday as the BOE releases its decision on interest rates. Are we in for any surprises?… More…
Last July 23, the euro took a breather from dropping to its record-lows across the charts after the results of the EU stress tests were published. But it seems that the stress issue has come back to haunt the markets again! Did the naysayers finally shout loud enough to cast doubts on the stress tests?… More…
The first of September has passed and with it, the results of the latest NFP report. To pretty much everyone's surprise and delight, the results were oh-so-good! But is this really the case?… More…
A certain Jean-Claude kicked butt yesterday and no, I'm not talking the guy from Street Fighter and Universal Soldier. The dude I'm referring to is ECB Governor Jean-Claude Trichet, and he doesn't need to take off his shirt and intimidate you with an unbelievably muscular body, no sir!… More…
Woohoo! The first Friday of the month is coming up and y'all know what that means: It's time for the NFP! Here's what I think the August report has in store...… More…
For the past couple of weeks, USDJPY has been treading in territories untouched since 1995. The yen's appreciation has caused Japanese officials to become more and more concerned. Is there no stopping the yen?!… More…