Forex Gump

Last Friday, the market was treated disappointing news from the U.S. in the form of the Advanced GDP report. According to the data, the U.S. grew only 1.3% during the second quarter of this year, significantly below the 1.7% increase initially expect. To make matters worse, the first quarter reading was revised down to just 0.4%!

With the debt clock ticking fast, U.S. lawmakers finally seemed to make progress on their debt talks as they struck a deal over the weekend. Here’s a closer look at the pros and cons of their deficit reduction plan.

About 40 hours from now, the Reserve Bank of Australia (RBA) will announce its much-awaited decision on interest rates. Brace yourself folks, as the upcoming release could take the Aussie down in the dumps or soaring across the charts!

Germany, Germany, wherefore art though euro zone’s largest economy? Let’s get down and dirty with the numbers and see how the top dawg in the region has been doing. But be warned! From what I’ve heard, the stats aren’t as dope as my rhymes.

The RBNZ may not have delivered a rate hike yesterday, but they did serve up some pretty juicy statements for all to ponder on. Keep yourself in the know by reading this RBNZ rate statement review!

While the spotlight remains on the U.S. and euro zone, let’s shift our focus and take a close look at Brazil, Russia, India, and China (BRIC). How are central banks of “The Big Four” coping with recent trends in the global economy?

Talks of U.S. and European debt have been flooding the newswires in the past few weeks, making it really easy to overlook other countries’ lending problems… like the U.K.’s!

One week to go before the U.S. debt ceiling deadline on August 2! Is the deficit reduction package ready? Read on to find out what could happen to the U.S. dollar if the debt plan is passed or not.

Planning on trading the U.K. GDP report? Say no more! Here’s a quick guide on how you can make pips by trading tomorrow’s release!

After their emergency Economic Summit late last week, the euro zone leaders finally presented concrete solutions to aid the region’s debt problems. The question is, are their plans enough to ease investors’ concerns on the region?