Forex Gump

Too big to fail, you say? Judging from the results of the recent stress tests, Irish banks seem to crossing over to the dark side and becoming too big to SAVE. Read on to find out why.

Ah how fast time flies! It feels like it was just yesterday that markets went ballistic on news about the Fed launching QE2. And now, talks about the END of the extended stimulus program are starting to dominate headlines! So what happens when the Fed finally bids adieu to QE2?

It’s time for the Non-Farm Payrolls report, folks! Are we in for a fun, fun, fun Friday? Or will we see bears attack faster than Rebecca Black could say “kickin’ in the backseat?” Read on to see how you can trade the NFP report!

If you’re a big fan of the commodity currencies, namely, the Aussie, Kiwi, and Loonie, then you’re in luck because tomorrow is packed with top-tier reports for each comdoll!

After talking about the downfall of Merkel’s party yesterday, let’s now shift our political lenses on Canada. Last Friday three out of four political parties in the parliament ganged up and toppled the governing party, the Conservative Party of Canada. So what inspired all the hate?

Give the Greens a round of applause! Over the weekend, the Green Party managed to win the state elections in Baden-Watternberg and end the 58-year rule of the Christian Democratic Union (CDU).

Last week, Portugal dominated the headlines when parliament decided not to pass the proposed budget. If you’re wondering why this didn’t cause too much of a ruckus in the markets, look no further than the World Cup champions and siesta kings, Spain.

Being a once-a-year event, the U.K.’s annual budget release naturally drew a lot of feedback from the markets. But unlike the cast of Jersey Shore, which I’m sure we can unanimously agree to hate, the U.K.’s 2011 budget had bits for us to love and loathe. Let ole Forex Gump fill you in on the good bits and bad!

It’s hard to play nice on the political playground. Just ask now-ex Prime Minister José Socrates who walked out of his post yesterday after parliament rejected his proposed austerity measures.

Earlier this year, we saw some political uprisings in Egypt and Tunisia. These revolts inspired movements in other nations in the Middle East. For those of you who have been too busy watching American Idol or rooting for your alma maters in the NCAA March Madness, here’s a short update on what’s been happening in Libya and Yemen.