Forex Gump

Just recently, the IMF boasted that it was almost able to double its lending capacity as several member economies pledged more funds. But is this really what the euro zone needs right now?

It’s official! The U.K. has technically double-dipped in a recession! But why did the pound rally by the end of the day? More importantly, how will the recession affect the Bank of England’s monetary policy decisions?

Last Tuesday, I gave ya’ll a checklist of things to keep an eye on for this week’s FOMC statement. Let’s take a look at that list and see what the Fed had to say about each of those issues.

You’ve probably noticed the Netherlands hitting the headlines these past few days. However, it’s not for the right reasons! Austerity measures have forced policymakers to walk out of Parliament and the Prime Minister to resign!

Another FOMC statement is upon us once again. Are you ready for it? Here are four things you need to watch out for.

Every economy fears the big, bad R-word. But don’t worry about the U.K.! Economic gurus think that the British economy will avoid a recession… but only by a hairsbreadth!

After allowing the yen to rally against the dollar for almost a month, BOJ officials have resorted to a bit of jawboning to cap off its gains. Its verbal threats seem to be working at the moment, but can we expect USD/JPY to forge new highs?

Despite catcalls for more action on their part, BRIC nations have been reluctant to provide the euro zone with a substantial amount of financial aid? Why haven’t our homies from Brazil, Russia, India, and China stepped in to save the euro zone? What gives?

The highly anticipated Spanish bond auctions are finally done and over with!What were the results and why the heck did we fail to see strong reactions in our currency pairs? I’ve got all the details right here!

Yesterday, the minutes of the most recently concluded MPC monetary policy meeting revealed that Adam Posen, one of the two dudes who were rallying for an increase in the asset purchase program, joined the majority in seeking for no change.