Forex Gump

Unlike the surprising news of Lady Gaga’s hit Bad Romance not being nominated as Record of the Year in the 2010 Grammy Awards, the Reserve Bank of Australia’s decision to put rate hikes on hold came as no shock to markets. So, aside from us not getting an early Christmas present from the central bank in the form of a rate hike, what else did the RBA say?

Word on the forex grapevine is that China still has a bunch of tightening moves up its sleeve, as the Chinese government plans to shift from a “moderately loose” monetary policy to a “prudent” one. It looks like China wants their monetary policy to be as tight as Conan’s jeggings!

Despite posting back-to-back monthly gains, the NFP report failed to hit its targets and tripped all over the economic catwalk last Friday. Is disappointing U.S. data bad for the Greenback the new rad fad in the markets nowadays?

Whoa! It looks like we’re in for an action-packed week on the charts with FOUR interest rate announcements on tap! What are you waiting for? Get a sneak peek on what we’ll be hearing from central bankers!

For the past couple of weeks the market has been focusing on the European sovereign debt crisis. For now, let’s set our eyes on the U.K. banking sector. After doing a little digging, it seems that euro zone ain’t the only economy with skeletons in its closet.

Christmas may be two weeks away, but who says presents don’t come in early? Here’s Santa Forex Gump’s gift for all you kids who want to make pips with tomorrow’s NFP report.

Euro zone’s economic recovery calls for a tighter monetary policy. Its sovereign crisis cries for the central bank to take it easy. As for ECB President Jean-Claude Trichet, what will it be?

And it’s finally out! No, I’m not talking about the new episode of The Walking Dead, but rather, the details of Ireland’s much-awaited bailout.

When QE2 hit the world, Chinese bank officials found themselves scrambling to find ways to fight the inflow of foreign investment to their country. Huh? Why would they do that? Isn’t foreign investment GOOD for the economy?

Y’all ready to jump back into the markets after buying that new iPad or 3D TV? Here are six reports you should pay attention to if you plan to trade the comdolls this week.