http://www.babypips.com/blogs/piponomics/ Economics play a huge role in the foreign exchange market. I enjoy looking at economic trends and trying to see how it affect 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. en Copyright 2010 Wed, 17 Mar 2010 06:01:16 -0500 http://blogs.law.harvard.edu/tech/rss While the markets focus on debt problems and rising commodities, another issue is lurking in around the Eastern corner. Last week, President Obama put the spotlight on China and their foreign exchange policy. http://www.babypips.com/blogs/piponomics/us_vs_china_this_could_get_dir.html http://www.babypips.com/blogs/piponomics/us_vs_china_this_could_get_dir.html Wed, 17 Mar 2010 06:01:16 -0500 Last week, traders were on the lookout for possible currency intervention by the Swiss National Bank (SNB). With the EURCHF now falling below a key support level, are the SNB sharks getting ready to snap their jaws and attack the markets? http://www.babypips.com/blogs/piponomics/will_the_snb_hit_the_brakes.html http://www.babypips.com/blogs/piponomics/will_the_snb_hit_the_brakes.html Tue, 16 Mar 2010 06:38:20 -0500 Y'all are probably wondering what happened last Friday, when the greenback got a major beating across the board. At first glance, it would seem that the sell-off was merely caused by risk appetite, when the US retail sales report beat expectations by a large margin. http://www.babypips.com/blogs/piponomics/extending_the_extended.html http://www.babypips.com/blogs/piponomics/extending_the_extended.html Mon, 15 Mar 2010 05:00:58 -0500 Come Friday, we'll see the results of the US retail sales report covering the month of February. Did spending pick up? Or did consumers decide to keep their hands in their pockets? http://www.babypips.com/blogs/piponomics/show_me_the_money.html http://www.babypips.com/blogs/piponomics/show_me_the_money.html Thu, 11 Mar 2010 05:11:02 -0500 In a few hours, we will witness the biggest event in Middle Earth's... errr, New Zealand's history (not really, I'm totally exaggerating)! At 8:00 pm GMT today, the Reserve Bank of New Zealand will announce its decision on the country's benchmark interest rate. http://www.babypips.com/blogs/piponomics/the_fellowship_of_the_com-doll.html http://www.babypips.com/blogs/piponomics/the_fellowship_of_the_com-doll.html Wed, 10 Mar 2010 05:25:39 -0500 Ahh... Just when you thought the Greek debt drama was over, a new development popped up. This time, it came in the form of a proposal, an institution aptly named the European Monetary Fund or EMF. http://www.babypips.com/blogs/piponomics/emf_boom_or_bust.html http://www.babypips.com/blogs/piponomics/emf_boom_or_bust.html Tue, 09 Mar 2010 05:10:32 -0500 Did the result of the recent non-farm payrolls report just tip the balance in favor of the higher yielding currencies? Could this be the end of the dollar rush? http://www.babypips.com/blogs/piponomics/risk_appetite_fandango.html http://www.babypips.com/blogs/piponomics/risk_appetite_fandango.html Mon, 08 Mar 2010 05:14:23 -0500 This coming Friday, prepare yourself for the release of the mother lode of all economic reports, the US non-farm payrolls! So bust out your Blackberries, turn on your Twitter feeds, and buckle your forex seatbelts because we may be in for a wild ride! http://www.babypips.com/blogs/piponomics/snowstorms_to_freeze_payrolls.html http://www.babypips.com/blogs/piponomics/snowstorms_to_freeze_payrolls.html Thu, 04 Mar 2010 05:15:01 -0500 It appears that the recessionary freeze on the Canadian economy early in 2009 is warming up. Will the BOC break the ice by raising interest rates sooner than expected? http://www.babypips.com/blogs/piponomics/canadas_heating_up.html http://www.babypips.com/blogs/piponomics/canadas_heating_up.html Wed, 03 Mar 2010 04:59:47 -0500 Just recently, I presented several good reasons why things could get ugly for the pound. And guess what? The pound has gotten beat up pretty badly lately, with both the Cable and Guppy plummeting by more than a thousand pips in just a couple of weeks! http://www.babypips.com/blogs/piponomics/how_the_pound_got_so_bloody_he.html http://www.babypips.com/blogs/piponomics/how_the_pound_got_so_bloody_he.html Tue, 02 Mar 2010 05:10:50 -0500 In its last meeting, the Reserve Bank of Australia surprised the markets by NOT raising interest rates. Given the recent developments in the Australian economy, could now be the time to hike? http://www.babypips.com/blogs/piponomics/rba_is_now_the_time_to_raise_r.html http://www.babypips.com/blogs/piponomics/rba_is_now_the_time_to_raise_r.html Mon, 01 Mar 2010 05:00:50 -0500 While the UK and euro zone struggle to post sustainable growth, the US was able to post growth of 5.7% in the advance GDP report earlier this year. Will we see the same figure in tomorrow's preliminary GDP report? http://www.babypips.com/blogs/piponomics/what_the_advance_us_gdp_isnt_t.html http://www.babypips.com/blogs/piponomics/what_the_advance_us_gdp_isnt_t.html Thu, 25 Feb 2010 05:23:27 -0500 Looks like the economic horizon isn't looking too sunny for the US. Based on the recent report from the Conference Board, consumer sentiment unexpectedly fell to its 10-month low of 46.0 this month. Where did this wave of pessimism come from? http://www.babypips.com/blogs/piponomics/the_us_lost_its_swagger_-_cb.html http://www.babypips.com/blogs/piponomics/the_us_lost_its_swagger_-_cb.html Wed, 24 Feb 2010 05:00:19 -0500 Two Japanese samurais, I mean officials, Finance Minister Naoto Kan and the Bank of Japan Governor Masaaki Shirakawa were seen taunting each other yesterday, throwing verbal jabs and ninja stars! http://www.babypips.com/blogs/piponomics/samurai_showdown.html http://www.babypips.com/blogs/piponomics/samurai_showdown.html Tue, 23 Feb 2010 05:00:29 -0500 Last week, the US Federal Reserve dropped a bombshell on the markets by deciding to implement a discount rate hike, the first one since June 2006. Is this the end of the Fed's aggressive monetary easing policies? http://www.babypips.com/blogs/piponomics/fed_hikes_rates_but_which_one.html http://www.babypips.com/blogs/piponomics/fed_hikes_rates_but_which_one.html Mon, 22 Feb 2010 05:51:20 -0500