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 the numbers are in! The pickup in economic growth we saw on the advance GDP report for the fourth quarter of 2010 has gotten a few market junkies betting on the U.S. economy to show more swagger in 2011. But has it really bounced back for good?… More…
Well, well, well... It seems the wolf pack has grown by one! Andrew Sentance, a former lone wolf calling for a rate hike, has found a bro in Martin Weale, according to the latest monetary policy committee (MPC) meeting minutes. … More…
Oh bollocks! Thanks to the poor showing of the Q4 GDP report, the Brits weren't too happy yesterday. Could a double-dip recession be around the corner?… More…
Commodities have taken center stage, and why shouldn't they? They've been on a roll as of late, with prices rising through the roof!… More…
Much to the dismay of Kiwi bulls, in late 2010, the RBNZ decided to hit the pause button on rate hikes. Will it flip the script tomorrow and finally increase rates again? Read up on what to expect from the RBNZ's big interest rate decision!… More…
It looks like an interest rate hike from the ECB is in sight. Yep, you read that right ECB President Jean-Claude Trichet said it himself! In this time of debt woes, what is he thinking?… More…
With China continuously churning out fat GDP figures and inflation on the rise, is it time for China to get more creative with its monetary policy? … More…
You might be surprised to hear this, but the floods that hit the country might actually set the tone for Australia for the rest of the year. Wanna find out how? Then get in here!… More…
For the third time in a row, the Bank of Canada decided to keep interest rates on hold at 1.00% as expected. It looks like BOC Governor Mark Carney and his men aren't in a rush to hike rates soon... Read on to find out why.… More…
Since it's only January and we still have the whole year ahead of us, I figured now's as good a time as any to outline the risks that the global economy faces in 2011. It's always good to know what we're up against, right? … More…
Y'all looking for some reports to trade the news? Well, you're in luck, cause you've got three retail sales reports headed your way this week!… More…
The euro zone is making headlines again, and this time its finance ministers are on the hot seat. In their 2-day meeting that started yesterday, they will attempt to reach an agreement that will help pull the region out of its debt fiasco. Here are 3 predictions on the outcome of the meeting. … More…
Last Friday, just when everyone was getting ready for the weekend, the People's Bank of China (PBOC) raised its reserve requirements by 50 basis points. Boy, does China know how to pull off a surprise! … More…
Germany is recognized as the largest and one of the best-performing economies in the European Union. But could it actually be doing the region more harm than good? Read up to get the low down on Germany's bipolar personality!… More…
Word around the market playgrounds is that the People's Bank of China is now opening another channel for its currency, the yuan, to flow out of the country. Does this mean that China is yielding to the pressure of the global markets, or is it cooking up something more interesting?… More…
It has been a week since the NFP report, but don't think that I have forgotten to say my piece about it! The headline figure showed an additional 103,000 jobs in December, and a drop in the unemployment rate to 9.4% from 9.8% in November. Is the U.S. economy on its way to a healthy recovery, or are there more to the figures than we think?… More…
When private investors flee the sidelines as euro zone continues its struggle with its finances, Japan steps up to the plate and lends out a helping hand. Hooray! But wait... there must be a catch!… More…
The monthly BOE monetary policy statement is less than a day away. As the saying goes, "Failing to prepare is preparing to fail!" So get yourself ready for the big announcement and read up on what the MPC has in store for you pipsters!… More…
In 2010, fireworks erupted between the U.S. and China, and no, it had nothing to do with Katy Perry. Accusations of currency manipulation were thrown all over the markets, and now it looks emerging economies are ganging up to keep their own currencies from rising. Grab your thinking helmets and get dibs on the details of what could be an all-out currency war in the making!… More…
Is Portugal next in line to ask for a bailout? Read on and find out whether it could get bullied by big brothers France and Germany into getting one!… More…
I'm willing to bet my bottom dollar that if I say "debt problems," you'll automatically think of the Euro Zone, Ireland, Greece, Italy, Spain, or Portugal. But as Treasury Secretary Timothy Geithner predicts, the U.S. might be part of that list if the Congress doesn't act soon. … More…
With water levels reaching as high as 43 feet, what are the implications of The Land Down Under going underwater to the Aussie?… More…
We've discussed in the past why Portugal and Spain could be next to follow in the footsteps of Greece and Ireland, who have received external financial aid. But have we been overlooking a certain boot-shaped country in our search for the most vulnerable European economies?… More…
Before you paint the town red on the first Friday night of the year, make sure you don't miss the party on the charts. It's NFP Friday, baby!… More…
Unlike New Year's Eve and Katy Perry, the release of the FOMC meeting minutes produced very little fireworks. The meeting minutes, which outlined the details of the Fed's interest rate decision last December 14, merely confirmed what everyone had already known - the Federal Reserve had no plans of cutting QE2 short because economic recovery still lacked momentum.… More…
The big news over the weekend was that Estonia has finally joined the euro zone and has adopted the euro as its official currency. But before we go into the nitty-gritty of Estonia's accession to the euro zone, let's take a look at some key facts about the country. … More…
If you've been too busy finishing off the Christmas pie or busting out the champagne on New Year's Eve, then here's a recap of all the major drama during the holidays! Find out how China shocked the markets on Christmas Day, the U.S. clocked in last-minute surprises in 2010,and how the euro zone started 2011 with a bang!… More…
Happy New Year! It's 2011 and since we know there may be some of you too "tired" to get out of bed after a long night rockin' in the new year, why not check out some of our wacky predictions for 2011 to make ya feel somewhat productive for the day...… More…
