Economics plays a huge role in the foreign exchange market. I enjoy looking at economic trends and trying to see how it affects currencies and life in general. I will post my thoughts and observations here. I'm throwing macroeconomics, forex trading, pop culture, and everyday life into a pot and hopefully the final product are lessons that are easy for you to consume.
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And it's finally out! No, I'm not talking about the new episode of The Walking Dead, but rather, the details of Ireland's much-awaited bailout.… More…
When QE2 hit the world, Chinese bank officials found themselves scrambling to find ways to fight the inflow of foreign investment to their country. Huh? Why would they do that? Isn't foreign investment GOOD for the economy? … More…
Y'all ready to jump back into the markets after buying that new iPad or 3D TV? Here are six reports you should pay attention to if you plan to trade the comdolls this week. … More…
Six months after the EU and IMF's 110 billion EUR rescue package sailed out to save Greece, Ireland agreed to a bailout in order to keep its financial system afloat. With this debt contagion unfolding, how long will it be until Portugal and Spain call out for help?… More…
Another debt problem is brewing in markets, and nope, it's not from Spain, Portugal, or any euro zone economy. Yesterday, credit rating agency S&P downgraded New Zealand's outlook on foreign currency rating from stable to negative. … More…
Yesterday, South Korea went on a high state of alert after tensions escalated with North Korea on Yeonpyeong Island. The news is that North Korea fired at least 200 artillery shells (don't ask me how they were able to count that), which killed 2 South Korean soldiers and injured 14. … More…
Missed out on the U.K. preliminary GDP figures that sparked a pound rally last month? Well, here's your chance to get in on some GDP action... The second GDP estimate is coming out tomorrow! Be prepared and read all about it! … More…
In a sudden turn of events, Ireland is now ready to accept a bailout! Was it a sudden change of heart? Or was it a twisting of the arm?… More…
Unless you've been living under a rock, you've probably heard of the Fed being criticized for its decision to provide the economy with further stimulus. See if these economic events will give Big Ben and his buds the last laugh and say, "We told you so."… More…
What happens when an unstoppable force meets an immovable object? Well, something's got to give. In Ireland's case, it looks like it's finally going to give in to the rest of the euro zone's demand for it to accept aid.… More…
Does everything come in twos nowadays? After launching QE2 a few weeks ago, the U.S. Fed is now keeping markets abuzz with its latest pursuit - U.S. Bank Stress Tests 2.… More…
Do you remember that surprise rate hike from the RBA a few weeks ago? It came as quite a shocker to the markets! What are the odds of another rate hike happening again?… More…
Score one for the dollar! The greenback knocked its major counterparts off the charts early this week, and nope, it's not just because the euro is taking the heat for its debt problems. … More…
Ireland's debt problems--three words I'm pretty sure you've heard a lot in the past few days. But really, what's it all about? Clickity-click to find out!… More…
Ho hum, might as well chalk this G20 summit up as a non-event since it didn't come up with anything conclusive. Instead, they merely came up with a set of guidelines to measure current account imbalances. Not much, if you ask me!… More…
We've got retail sales reports coming out from all over the world this week. New Zealand, the U.K., and the U.S. are all lined up to publish their consumer spending data. Let's take a peek at who have been makin' it rain, and who have been makin' it drizzle!… More…
If you're wondering if I committed a typo or something, you're wrong! This is indeed Obama's plan: to bring America's primary budget deficit to zero.… More…
Now that the U.S. Fed's quantitative easing decision is out of the way, it seems like the markets have shifted their attention back to the euro zone. Let's see how the infamous PIGS, or Portugal, Ireland, Germany, and Spain, are faring against the big, bad wolf named sovereign debt, shall we?… More…
It looks like commodity bulls will have a lot to be thankful for this Thanksgiving! Is there no stopping this bullish run? … More…
As the global economy struggles with talks of currency wars, one solution economic gurus offer G20 leaders is the age-old Olympic mantra, "go for the gold." … More…
Two parties with two different stances. What's on the line for Greece? A shot at immunity from sovereign debt default.… More…
Over the weekend, we received some news that the love-hate relationship between China and the U.S. once again took another twist. It seems that tensions between Chinese and U.S. leaders are easing up ahead of the G20 meeting that will take place on November 11-12 in Seoul, Korea. … More…
Gather 'round and read up on this week's biggest releases, pipfolk! We've got big ones coming from all around the world! You want to get a head start on the week, don't you? What are you waiting for?? Get in here!… More…
Ever heard of the saying, "Birds of the same feather flock together"? Well, it turns out that it isn't exactly true in Forex jungle. Because hawks, doves, and everything else in between flocked together this week, giving us on a wild ride on the charts! … More…
Earlier this week, the Fed announced that it decided to expand its quantitative easing program by 600 billion USD. This program hopes to keep the U.S. economy on track to recovery and strengthen the pace of growth. … More…
In the Fed's statement yesterday, it announced that the second stage of its quantitative easing program will involve the buying of 600 billion USD of Treasuries evenly divided over 8 months ending July 2011.… More…
Friends, Romans, pipfolk, lend me your ears! I bring you a preview of October's non-farm payrolls report. Won't you hear what I have to say?… More…
I guess they really do have everything backwards in the Land Down Under, eh? How come, you ask? Well, RBA Governor Glenn Stevens and his mates put on their Mountaineer costumers and decided to hike interest rates!… More…
While everyone was focused on the Fed's interest rate decision coming out on Wednesday, they may have missed something that happened elsewhere... Open up your USD/JPY chart to see for yourself what I am talking about!… More…
