Forex Gump

Move over, Alan Bollard! RBNZ’s got a new boss in town and he goes by the name of Graeme Wheeler. What can we expect from the new RBNZ Governor?

And then there were five! On Monday, the eastern Mediterranean country of Cyprus edged out Italy and became the fifth member of the Bailoutstreet Boys! I’ve got the lowdown on everything you need to know about the country, so read up!

A lot of things seem to have changed recently. Last week, the foreign exchange market started off with the safe haven dollar lower across the board as a result of increased market optimism.

Earlier last week, the emerging powerhouse nations of China and Brazil agreed to a 10-year currency swap deal worth up to 30 billion USD! Read on to find out how it all went down!

This has been quite a week for the U.K., hasn’t it? We were hit with heavy releases almost day after day! But before we bid this week adieu, let’s recap the things we learned about the U.K. over the past few days.

Greece, Ireland, Portugal, Spain… You’d think that after bailing out FOUR countries, Europe’s problems would finally be put to rest. But apparently, that isn’t the case!

After days of speculation, the Fed finally unveiled its plans and forecasts for the world’s largest economy. What exactly did the Fed have to say? More importantly, how did markets react?

Kroo, kroo. Do you hear that? That’s the ECB still keeping mum despite calls for bond purchases to help ease rising Spanish bond yields. But how long can the central bank stand pat?

EUR/USD fell over 100 pips and quickly closed the weekend gap to start the week. How low will it go? Is parity a possibility?

Finally! After days and days of anticipation, the much-awaited Greek elections are over! What will the election results mean for the Greece and the euro zone?