Forex Gump

After announcing an open-ended asset purchases program in January, what does the BOJ plan on doing next? Read my review of the most recent rate decision of the central bank and find out what happened to the yen.

Last month, I gave y’all a chilling thought to ponder over – are we on the brink of a currency war?

Talk about getting mixed signals! The euro seems undecided with its direction for the past few days as conflicting economic developments have popped up in the euro zone.

Last Friday, we saw the yen bulls finally come out of hiding to push USD/JPY almost 100 pips lower from its intra-week high. The move took the market by surprise, as the yen has been the forex market’s whipping boy for several weeks now. What’s going on here?

BOC Governor Mark Carney sparked volatility on the charts on Thursday but not on CAD pairs. Instead, he rocked the pound towards the end of the week’s trading! Read on to find out why!

Whenever Mario Draghi takes center stage, you know that something big is bound to happen. This is exactly what we saw on Thursday when Draghi went on the wires to announce the ECB’s decision on interest rates.

Thinking of taking advantage of the AUD/USD selloff but worried that you’re too late to the party? Check out these four reasons why AUD/USD could keep dropping.

Two days ago, our friends down under decided to keep rates steady for the second straight meeting. There was no surprise there, but market participants were caught off guard by the accompanying statement. Apparently, a rate cut might be in the cards!

In a surprise move yesterday, Bank of Japan Governor Masaaki Shirakawa announced that he would be stepping down from his post on March 19, three weeks ahead of schedule. Find out how this affects the BOJ and the yen heading forward, after the jump!

They say what goes up must come down. The euro found that out the hard way when it took a 200-pip dive below 1.3500 just after tapping 1.3700 last week. What the heck caused that move?! Read on to find out!