Forex Gump

There were a couple of new developments in the central bank world to spark big price action for currencies yesterday. Let’s review the events and figure out what it means going forward.

Yesterday the People’s Bank of China launched its own fireworks across markets when it announced THREE actions to stimulate its economy. What are these measures and what the heck prompted the central bank?

I hope you guys aren’t all partied out from 4th of July celebrations because we could be in for more fireworks with the June NFP report due tomorrow!

Two major central bank interest rate decisions are just around the corner, which means that we’ve got two good opportunities to earn some pips tomorrow!

Talks of QE3 are back in vogue, no thanks to the very disappointing ISM manufacturing report for June. Find out the details behind the ISM manufacturing PMI and what it means for the U.S. dollar.

EU leaders rocked the markets last week with a set of plans designed to put an end to the euro zone’s debt crisis. Did traders simply overreact to the news? Here are some reasons why the rallies might not last.

If there’s anything more surprising than news of Tom Cruise and Katie Holmes filing for divorce, it’s the fact that EU leaders actually agreed on something during their latest summit! Not only did they come up with one agreement, they even made three!

After a close 5-4 vote on increasing its asset purchases last month, it seems that the BOE blokes are getting creative at addressing calls for action without actually buying more bonds. Here are 3 ways they’re doing it.

The Bailoustreet Boys are in the headlines once again! After Cyprus joined the gang earlier this week, markets are now abuzz with rumors that Slovenia might become the next member of the infamous group of debt-laden European countries!

Finally, the verbal duels are over! After months of debate and deliberation, Japan finally passed the bill to increase consumption tax! How will it impact the economy?