Forex Gump

I read an article the other day about how Lebron James is quietly having one of the best seasons in NBA history, and I couldn’t help but wonder if the same thing could be happening in the forex scene. Could we overlooking a strong performer?

Looks like Australian Prime Minister Julia Gillard and Former PM Kevin Rudd are at it again! Once again, the future of the Labor Party is at stake. Who will emerge victorious this time around?

On Wednesday, the euro zone PMI reports on both the services and manufacturing sectors came in worse than expected. The weak readings revived recession fears in the region.

This week, a couple of central banks released the minutes of their latest monetary policy meetings. Read on to find out what the policymakers from the RBA and BOE had to say and how you can take advantage of this information.

For weeks, market participants were giddy in anticipation for Greece’s second bailout package more than they were about the second season of The Game of Thrones. But when the official announcement about the debt deal was made, the euro barely rallied. Here are four reasons why:

On Monday, the S&P decided to retain its credit rating for Japan at AA- and maintained its negative outlook for the economy. But don’t get excited just yet! The agency warned that a downgrade could happen soon.

If there’s anything hotter than Jeremy Lin’s sensational performance these days, it’s the ongoing tension between Iran and the West! What was Iran’s latest move and how will this affect the forex market? Read on to find out!

For the second time in three months, the People’s Bank of China cut its reserve requirement ratio by 50 basis points in an effort to boost lending. What was the central bank’s reason, and should we be concerned about it?

Who would’ve expected it? A couple of years ago, the world was in a full blown financial meltdown but just this Thursday, we learned that Australia has reached “full employment” with a 5.1% unemployment rate.

Did you know that there are two major Chinese manufacturing PMI reports? Read on to find out more about the two reports and why they are important to forex traders!