Forex Gump

Having trouble keeping track of where central banks stand these days? I’ve got you covered in today’s edition of Piponomics, as I present to you a rundown of their monetary policy biases so far.

If you’re hoping to trade the news this week, then you gotta look at the upcoming U.S. non-farm payrolls release on Friday’s New York trading session. Here’s a simple forex trading guide for this event.

Stronger than expected employment change figure and a worsening jobless rate? Well, that paints a mixed picture of New Zealand’s labor sector, doesn’t it? Let’s dig deeper into the numbers to make sense of the latest jobs report.

And another one bites the dust! The Reserve Bank of Australia decided to join the rest of the dovish central banks, as it announced an interest rate cut in today’s monetary policy decision.

The first week of the month is usually loaded with market-moving economic events so let’s dig right in and figure out how we can make forex profits with these.

Data released from Japan this month still reflected economic weakness, hinting that the BOJ might need to ramp up its stimulus efforts once more. What could this mean for the Japanese yen’s forex price action?

And the RBNZ joins the doves! In their latest policy statement, New Zealand central bank officials dropped their hawkish bias, pushing the Kiwi lower against its forex counterparts.

In this edition of Piponomics, we’ll take a look at the economic figures released from the U.K. this month in figuring out how the British pound might fare in the forex arena moving forward.

One of the much-awaited events on the forex calendar for this week is the FOMC interest rate statement, but something tells me that this might be a disappointment. Here’s why.

Heads up, forex traders! If you’re planning on trading the euro this week or if you already have euro positions open, you should definitely get up to speed on the Greek parliamentary election results.