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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Save for those who believe in the infamous Mayan end-of-the-world prophecy, y'all are probably excited to see what 2012 has to bring. But before we get to that, let's take a look back on how the dollar performed in the year that was. Shall we?… More…
Last year was all about debts and bailouts in Europe. This year? More of the same! With the year coming to an end, there's no better time than now to take a moment to look back on the themes and events that rocked the euro in 2011.… More…
It was an up and down year for the pound, which mostly traded to the beat of risk sentiment throughout the year. Let's take a look at some of the headlines that dominated the U.K. in 2011 and how it affected pound traded. … More…
With oil prices going every which way and the U.S. and euro zone popping up one market-moving report after another, there's no way that the Loonie's price action can't be as crazy as the other major currencies! Here are four major themes that influenced the Loonie in 2011.… More…
The Aussie made huge waves this year as five major themes ruled price action. Let's take a walk down memory lane and revisit the events that rocked the Aussie for the past 12 months.… More…
The yen and Swissy may come from opposite sides of the world, but they have been treated the same this year. Both of them were considered "safe" and were bought up during times of risk aversion.… More…
Uh oh, it looks like two of euro zone's top economies, namely Germany and Italy, could be in danger of a recession. Let's take a look at the numbers to figure out the chances of that happening.… More…
The ECB might be constantly rejecting any plans of stepping up its bond purchases, but it certainly has softened its stance about being the lender of last resort! Is it the cure, or just an aspirin to the euro zone debt crisis?… More…
Unless you've been living under a rock, you'd know that inflation has been a big problem in the U.K. for this year. Inflation in the U.K. has been as stubborn as a 6-year old boy who doesn't want to take a bath after playing outside!… More…
Depending on how you view the euro, you either see it as a glass half-empty or glass half-full. I'm sure most of you have read tons of articles saying that the euro is going down the drain, so here's a CONTRARIAN view on EUR/USD and why you should consider building a long position. … More…
Step outside for a while and you might see more than just snow falling. That's right, in the U.S., prices are on the brink of falling as well!… More…
Christmas is just a week away and that means many traders may look to call it quits early and go on vacation mode. How has this affected volatility in the past and how should you prepare for trading this week?… More…
The Swiss franc pulled a Dr. Jekyll and Mr. Hyde in the hours surrounding the SNB's rate decision on Thursday. What in the world happened?!… More…
The Organization of Petroleum Exporting Countries (OPEC) increased its oil production ceiling for the first time in three years. Why is it important, you ask? Read up and be enlightened young Padawan.… More…
They say the holiday season is the most wonderful time of the year. Hah! Try explaining that to the 128,000 people that recently lost their jobs in the U.K.!… More…
As expected, Big Ben and his men decided against making any monetary policy changes during the FOMC statement this week. Read on to find out what's next for the Fed!… More…
Thanks to the euro zone debt drama, EUR/USD is edging closer and closer to its 2011 low. Can it stay afloat, or will it drop all the way down? … More…
The much-anticipated EU Summit is now over. Did European policymakers come up with something new? Or did we get the same old, boring proposals that we've already gotten before?… More…
Let's take a break from all the gloom and doom talks from the euro zone and discuss some bit of good news from China. Earlier this week, it was reported that the country's CPI plunged to its lowest level in 14 months and it has gotten everyone talking about further easing from the PBOC!… More…
In a surprising turn of events, Mario Draghi, the new ECB President, announced on Thursday that they have decided to cut rates by 25 percentage points. While some market participants already expected Draghi to reverse former ECB President Trichet's monetary policy, they did not expect what came with it... … More…
Your days of guessing whether the Fed will cut, hike, or hold interest rates steady may soon be over! Well, that is if Fed member Janet Yellen has her way. The word on the grapevine is that she's trying to get the Fed to forecast its very own interest rates!… More…
We're down to the last few hours before the EU Summit! With concerns on the outcome of the meeting dominating the newswires lately, it's hard for traders not to speculate on it. Here are two themes that are most likely to come up at the highly anticipated summit.… More…
Yesterday, the RBA and the BoC went head to head as they both made their last interest rate decisions for the year. One of these central banks decided to take the plunge and cut rates, while the other stood its ground and kept its rates steady.… More…
Move over, Brangelina - a new power couple is shaking up the newswires! Yesterday, Germany's Angela Merkel and France's Nicholas Sarkozy - dubbed as "Merkozy" - boosted risk appetite by calling for stricter measures in the EU treaty. … More…
After seeing a strong NFP headline figure AND a surprise drop in the U.S. unemployment rate, you would think that investors would push high-yielding currencies to new intraweek highs. So why didn't we see a huge rally last Friday? Here are three possible reasons.… More…
What is this "Santa Claus rally" that everyone seems to buzzing about lately? Could this be your chance to grab some pips before the year ends? You better watch out, you better not cry, you better not pout and I'll tell you why!… More…
Six central banks shocked the markets this week when they decided to join forces to prevent a credit crunch. What exactly did they do? How do they plan to carry it out? And what does this mean for the global economy? Read on to find out!… More…
I was reading news about the euro zone debt crisis on Reuters the other day and I came across an article that detailed the events that followed after Greece received its first bailout package. I wanted to share it with my readers so I converted it to something more easily understandable. Check it out!… More…
