Forex Gump

Remember when the S&P erroneously downgraded France’s credit rating last Thursday? Yeah, the European Union hasn’t forgotten either. In fact, the S&P’s blunder might have been one of the reasons why the EU is now tightening its belt on the major credit rating agencies.

After the infamous Silvio Berlusconi stepped down as Italy’s Prime Minister, Mario Monti was tapped to lead the country as the new Prime Minister. Who is he, you ask? Read up and get the lowdown on Italy’s real-life Super Mario!

After days of worrying over the possibility of debt contagion in the euro zone, investors breathed a sigh of relief yesterday as Greek and Italian lawmakers stepped up their game in containing risk aversion. What exactly happened in Greece and Italy?

The latest economic figures from China seem to suggest that the Asian giant is headed for a slowdown. If that happens, will we see a rate cut from the PBoC soon? What will the High Expectations Asian Father meme say? Read on to find out!

Mama Mia! Even with Italian PM Berlusconi offering to say “Arrivederci!” earlier this week, Italian bond yields surged to their highest level during the euro era and caused a broad-based selloff in high-yielding assets. What gives?

Remember remember the fifth of November… When the G20 leaders could’ve and should’ve done better. Excuse my Guy Fawkes reference, but it seems like the recent G20 summit turned out to be a huge disappointment. Read on to find out what happened.

We could be in for a jam packed session soon as we’ve got a major release on the calendar! No, I’m not talking about Modern Warfare 3! I’m talking about the Bank of England interest rate decision! After last month’s surprise, what could be in store for us this time around?

If the euro zone debt problems are enough to give you headaches, then make sure you have a boatload of aspirin by your side before you read on. Aside from ballooning debts, another problem that has hit the region is the increasing political instability in Greece and Italy.

Now that NFP Friday is done and over, it’s time to go through the results and see what this could mean for the Fed moving forward!

It looks like it didn’t take long for Mario Draghi to settle in as the new President of the European Central Bank (ECB). In his first ECB rate statement as the central bank head, Draghi surprised the markets with an unexpected rate cut, the first the euro zone had seen in over 18 months. Talk about starting your term off with a bang!