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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After a close 5-4 vote on increasing its asset purchases last month, it seems that the BOE blokes are getting creative at addressing calls for action without actually buying more bonds. Here are 3 ways they're doing it.… More…
The Bailoustreet Boys are in the headlines once again! After Cyprus joined the gang earlier this week, markets are now abuzz with rumors that Slovenia might become the next member of the infamous group of debt-laden European countries!… More…
Finally, the verbal duels are over! After months of debate and deliberation, Japan finally passed the bill to increase consumption tax! How will it impact the economy?… More…
Move over, Alan Bollard! RBNZ's got a new boss in town and he goes by the name of Graeme Wheeler. What can we expect from the new RBNZ Governor?… More…
And then there were five! On Monday, the eastern Mediterranean country of Cyprus edged out Italy and became the fifth member of the Bailoutstreet Boys! I've got the lowdown on everything you need to know about the country, so read up!… More…
A lot of things seem to have changed recently. Last week, the foreign exchange market started off with the safe haven dollar lower across the board as a result of increased market optimism.… More…
Earlier last week, the emerging powerhouse nations of China and Brazil agreed to a 10-year currency swap deal worth up to 30 billion USD! Read on to find out how it all went down! … More…
This has been quite a week for the U.K., hasn't it? We were hit with heavy releases almost day after day! But before we bid this week adieu, let's recap the things we learned about the U.K. over the past few days.… More…
Greece, Ireland, Portugal, Spain... You'd think that after bailing out FOUR countries, Europe's problems would finally be put to rest. But apparently, that isn't the case!… More…
After days of speculation, the Fed finally unveiled its plans and forecasts for the world's largest economy. What exactly did the Fed have to say? More importantly, how did markets react?… More…
Kroo, kroo. Do you hear that? That's the ECB still keeping mum despite calls for bond purchases to help ease rising Spanish bond yields. But how long can the central bank stand pat?… More…
EUR/USD fell over 100 pips and quickly closed the weekend gap to start the week. How low will it go? Is parity a possibility?… More…
Finally! After days and days of anticipation, the much-awaited Greek elections are over! What will the election results mean for the Greece and the euro zone?… More…
With the outlook for the global economy deteriorating, BOE Governor Mervyn King has presented the markets with a couple of tricks up his sleeve to protect the British economy. It may surprise some of you, but quantitative easing isn't one of them. Well, at least, not yet.… More…
The Federal Reserve interest rate decision is fast approaching, and traders are at a loss as to what the central bank will do next. Will the Fed implement more action or none at all? … More…
It appears that keeping the EUR/CHF peg is getting more and more expensive for the SNB. Last week, a report came out saying that foreign currency reserves surged to a record high in May as the heightening turmoil in the euro zone forced the central bank to fortify their defense of the EUR/CHF peg.… More…
Earlier today, all eyes and ears were focused on the RBNZ as it announced its interest rate decision. I've covered all the details for y'all in today's Piponomics report!… More…
Boy how things change quickly! Just a few months ago, Italians were singing praises of Prime Minister Mario Monti. Now, it looks like the Italian public is about to call upon the services of the Corleone family to get rid of Monti! … More…
If you're thinking of trading the news, the U.S. retail sales release could give you an opportunity to catch some pips this week. Read on to find out how you can trade this report.… More…
A day hadn't even passed after the Spanish bank bailout, and already, someone is crying foul. … More…
After weeks of exhausting euphemisms, the Spanish government has formally asked euro zone officials for money to bail out its banking system. Will it do the trick for the Spanish economy?… More…
A couple of days ago, the PBoC shocked the markets by cutting their benchmark rate - a move they haven't made since 2008! But that ain't the biggest surprise yet. Read on to find out what else is new with the China's monetary policy.… More…
In the last three days, the Aussie has been performing like a beast! After it had touched the .9600 handle, it rallied strongly and made its way towards parity. Will the Aussie continue to perform well? … More…
As expected, the European Central Bank refrained from cutting interest rates in its latest MPC statement. Still, they've left the door open for more moves down the road...… More…
Two down, two more to go! The RBA and BOC already announced their interest rate decisions and I've covered everything you need to know about them!… More…
So the U.S. rolled out its much-awaited NFP figure last Friday, and boy was it bad. No, actually, it was downright HORRIBLE.… More…
Looks like we're in for more interesting price action with not one, not two, but FOUR interest rate decisions coming our way this week! What are markets expecting from the RBA, BOC, ECB, and BOE?… More…
If there's a country that knows how it feels to be caught between a rock and a hard place, it's definitely Ireland! Earlier this week, the Irish people voted for insurance against a possible default but at the cost of more austerity measures. Do you think it was worth it?… More…
We knew the U.S. economy had slowed down in Q1 2012. But apparently, it was worse than we initially thought.… More…
Is it true that China is launching another fiscal stimulus program to boost its economy? I'm sorry to tell you that those talks are mere rumors. Here are three reasons why China won't push through with it:… More…
