Forex Gump

If you were expecting to be enlightened about the Fed’s monetary policy stance but instead ended up even more confuzzled, then you are not alone! Many are still trying to decode the Fed’s mixed signals and make sense of its recent FOMC statement.

Just when the market players were enjoying a nice rally from the European leaders’ announcement last week, Greece Prime Minister George Papandreou threw a curveball and called for a referendum on the new debt deal. What the heck is a referendum and how will it affect the euro?

During the first half of this year, the Reserve Bank of Australia (RBA) cautioned the market of tighter monetary policy. But in just a matter of days, this threat has made a full 180-degree turn as speculations of a rate cut hit the financial market.

As Huck always says, “Good things come to those who wait.” We’ve waited for weeks until policymakers finally revealed their grand master plan to address Europe’s sovereign crisis. But is their plan good enough?

Oil prices have been on a tear lately, and if you’re wondering if crude oil is in for more gains, then this article is for you! Read on to find out what this could mean for the Canadian dollar, too.

Just when you thought USD/CAD was about to dip below parity again, the Bank of Canada spoils the fun! In a surprising turn of events, the market turned bearish from bullish on the Loonie as the BOC came out with some very dovish comments with regard to the Canadian economy.

If you want to learn about the current state of the U.S. economy, look no further! Today, I’m going to do an in-depth analysis of the broadest measure of economy activity, the GDP report. In addition to that, I’ll examine how it could affect price action to assist you in your forex trading.

When traders start putting “USD/JPY” and “post-war lows” in the same sentence, you just know that the Bank of Japan isn’t going to stand by and do nothing! What are the odds of the BOJ launching another currency intervention, and what other plans are the BOJ folks brewing?

The long awaited EU summit is done but unfortunately, while some progress was made, not all the details were hammered out. Here’s an update on the three main issues that were discussed by EU finance ministers this past weekend.

Thanks to worsening global economic conditions, Brazil decided to bite the bullet and cut interest rates by another 50 basis points last week. Should the other emerging economies follow suit?