Forex Gump

With the outlook for the global economy deteriorating, BOE Governor Mervyn King has presented the markets with a couple of tricks up his sleeve to protect the British economy. It may surprise some of you, but quantitative easing isn’t one of them. Well, at least, not yet.

The Federal Reserve interest rate decision is fast approaching, and traders are at a loss as to what the central bank will do next. Will the Fed implement more action or none at all?

It appears that keeping the EUR/CHF peg is getting more and more expensive for the SNB. Last week, a report came out saying that foreign currency reserves surged to a record high in May as the heightening turmoil in the euro zone forced the central bank to fortify their defense of the EUR/CHF peg.

Earlier today, all eyes and ears were focused on the RBNZ as it announced its interest rate decision. I’ve covered all the details for y’all in today’s Piponomics report!

Boy how things change quickly! Just a few months ago, Italians were singing praises of Prime Minister Mario Monti. Now, it looks like the Italian public is about to call upon the services of the Corleone family to get rid of Monti!

If you’re thinking of trading the news, the U.S. retail sales release could give you an opportunity to catch some pips this week. Read on to find out how you can trade this report.

A day hadn’t even passed after the Spanish bank bailout, and already, someone is crying foul.

After weeks of exhausting euphemisms, the Spanish government has formally asked euro zone officials for money to bail out its banking system. Will it do the trick for the Spanish economy?

A couple of days ago, the PBoC shocked the markets by cutting their benchmark rate – a move they haven’t made since 2008! But that ain’t the biggest surprise yet. Read on to find out what else is new with the China’s monetary policy.

In the last three days, the Aussie has been performing like a beast! After it had touched the .9600 handle, it rallied strongly and made its way towards parity. Will the Aussie continue to perform well?