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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Even the strongest of the strong have weaknesses. For Superman, it's kryptonite; for Thor, it's losing his hammer; for Cyclopip, it's deodorant. The yen has significantly weakened since the BOJ's last monetary policy statement. Could it be that the central bank has FINALLY found the yen's weakness?… More…
It ain't just Angelina Jolie's leg that's been getting a lot of buzz. While Hollywood junkies gossip about who wore what at the Oscars, market participants just couldn't stop themselves from talking about crude oil. Here's the latest scoop on black crack.… More…
Currency intervention has been a hot topic in the foreign exchange market for the past few months. The Bank of Japan has done it, the Swiss National Bank has done it, and now, word on the street is that the Reserve Bank of Australia might be interested in doing it as well.… More…
I read an article the other day about how Lebron James is quietly having one of the best seasons in NBA history, and I couldn't help but wonder if the same thing could be happening in the forex scene. Could we overlooking a strong performer?… More…
Looks like Australian Prime Minister Julia Gillard and Former PM Kevin Rudd are at it again! Once again, the future of the Labor Party is at stake. Who will emerge victorious this time around? … More…
On Wednesday, the euro zone PMI reports on both the services and manufacturing sectors came in worse than expected. The weak readings revived recession fears in the region.… More…
This week, a couple of central banks released the minutes of their latest monetary policy meetings. Read on to find out what the policymakers from the RBA and BOE had to say and how you can take advantage of this information.… More…
For weeks, market participants were giddy in anticipation for Greece's second bailout package more than they were about the second season of The Game of Thrones. But when the official announcement about the debt deal was made, the euro barely rallied. Here are four reasons why:… More…
On Monday, the S&P decided to retain its credit rating for Japan at AA- and maintained its negative outlook for the economy. But don't get excited just yet! The agency warned that a downgrade could happen soon. … More…
If there's anything hotter than Jeremy Lin's sensational performance these days, it's the ongoing tension between Iran and the West! What was Iran's latest move and how will this affect the forex market? Read on to find out!… More…
For the second time in three months, the People's Bank of China cut its reserve requirement ratio by 50 basis points in an effort to boost lending. What was the central bank's reason, and should we be concerned about it? … More…
Who would've expected it? A couple of years ago, the world was in a full blown financial meltdown but just this Thursday, we learned that Australia has reached "full employment" with a 5.1% unemployment rate. … More…
Did you know that there are two major Chinese manufacturing PMI reports? Read on to find out more about the two reports and why they are important to forex traders!… More…
Last night, the FOMC meeting minutes finally confirmed what market participants had been speculating for quite some time already: a third round of quantitative easing from the central bank is indeed a possibility.… More…
Looks like romantic couples aren't the only ones with surprises up their sleeves on Valentine's Day! Here's why the Bank of Japan's latest monetary policy decision caused spikes in yen pairs yesterday. … More…
Moody's soured the market sentiment yesterday, as it downgraded six European nations and changed its outlook on three others, including the United Kingdom. Read on to find out why Moody's turned negative on the U.K.!… More…
You may be dateless this Valentine's Day but who says your February 14 can't be memorable? Read up on what you can expect from the U.S. retail sales report and you may just be able to reel in a few pips!… More…
Back in November, we saw Italian yields soar as problems in Greece, Ireland, and Portugal popped out one after another. But now, despite talks of a possible Greek default, Italian bond yields have actually fallen. Could it be that Mario Monti's charm is working on investors?… More…
Greece just moved a step closer to securing more bailout funds as its political leaders finally agreed on a whole new set of austerity measures. Will these be enough to save Greece from a default? … More…
You don't need to be a forex pro to see how strong the Australian dollar has been lately. AUD/USD has climbed over a thousand pips in under three months! What in the world is keeping it afloat?!… More…
Japanese officials always make sure that we know that they're upset about the yen getting too strong, but we haven't seen the BOJ openly intervene in the markets since March 2011. Do you think they're all bark and no bite? Think again.… More…
In a surprising turn of events, the Reserve Bank of Australia (RBA) announced yesterday that they have decided to keep rates steady at 4.25%. This was opposite of the market's expectation that the RBA would cut rates again for the third time in a row. … More…
To ease or not to ease? That is the question. Whether 'tis nobler for the Bank of England to let the economy to pick itself up or to take arms and engage in another round of quantitative easing?… More…
Greek PM Lucas Papademos and other Greek leaders huddled over the weekend and no, it was not to watch the Patriots and Giants slug it out. Instead, they met to discuss what routes to run towards financial stability. Is Greece one step closer to a Super Bailout ring? … More…
Over the past few months, we've been hearing rumbles from big Japanese corporations about the strength of the yen. I've done a little research to see the relationship between USD/JPY and Toyota and Honda's stock prices, and the results are quite interesting... … More…
With January behind us and a whole month's worth of data under our belts, what can we expect for the rest of Q1 2012? Let's take a look at what the world's top banks are forecasting!… More…
After cutting rates twice in the last two months, market players are speculating that the RBA will go for strike three next week. Here are four reasons why.… More…
With the NFP report just around the corner, I think it's fair to ask, are we in for another positive surprise? Digging deep into the figures... I'm afraid not. … More…
It wasn't so long ago that the BOJ and SNB intervened to stop USD/JPY and EUR/CHF from falling. Now, it looks like they'll have to step in again! … More…
