Forex Gump

While not as bad as the years prior, 2011 was a difficult year for the U.S. Some say 2012 will be better, but I beg to disagree. Even though some economists have actually upgraded their forecasts, I believe there are a couple of long-term factors that will continue to put a drag on economic recovery.

What are current account deficits? Why are they important? Are they really bad? Why should I pay attention to them? If you’ve ever asked yourself at least one of these questions, don’t worry, I’ve got your back! Read up on everything you need to know about trade deficits.

Lately, the economic spotlight has been shining brightly on oil, as the EU and the U.S. have both signed sanctions against the importation of Iran oil. Wanna know how this could affect the financial markets? Read on to find out!

In the Fed’s last rate statement, it decided to sit on its hands and make no changes to its monetary policy. But the minutes of the most recent FOMC meeting reveal that there was more than meets the eye to the Fed’s decision.

I’ve talked about some wacky predictions in my previous article, but I thought that some topics deserve to be talked about in detail. The survival of the euro is one such topic.

Welcome to the first trading week of 2012, forex junkies! It’s time to focus our attention on the future and start trading! Here are three potential themes that might influence forex trading this week.

Happy new year, forex folks! Start your 2012 with a bang by taking a look at my quick and wacky predictions for the year. Which ones do you think are likely to come true?

Save for those who believe in the infamous Mayan end-of-the-world prophecy, y’all are probably excited to see what 2012 has to bring. But before we get to that, let’s take a look back on how the dollar performed in the year that was. Shall we?

Last year was all about debts and bailouts in Europe. This year? More of the same! With the year coming to an end, there’s no better time than now to take a moment to look back on the themes and events that rocked the euro in 2011.

It was an up and down year for the pound, which mostly traded to the beat of risk sentiment throughout the year. Let’s take a look at some of the headlines that dominated the U.K. in 2011 and how it affected pound traded.