Forex Gump

Spanish Prime Jose Luis Rodriguez Zapatero and his amigos must have downed bottles of Mahou Clásica over the weekend after the Socialist party’s epic loss in the regional and municipal elections. Is this the end of the line for the Socialists? What does the result of the elections mean for the euro?

Need an excuse to dump your high-yielding assets and buy the “safe-haven” franc? Don’t worry! Here are three reasons why you should go after the franc like Captain Jack Sparrow goes after his rum:

It’s official! Japan sank to its third recession in a decade after the March 11 catastrophe left their economy in shambles. How soon can Japan get back on its feet?

Now ex-IMF Managing Director Dominique Strauss-Kahn was probably sipping his Bling H20 just hours before he got thrown into prison at Rikers Island. Talk about hitting rock-bottom, huh? Although his request for bail has already been approved, the drama surrounding his arrest is still far from being over, very far.

And the minutes are in! Get the dish on what the FOMC gang talked about in its most recent meeting. From what I’ve heard, Big Ben and his buds are putting their thinking caps on for an exit strategy out of its uber easy monetary policy.

Mark May 20 on your forex calendars kids! No, it ain’t just because it’s Friday and you get to decide whether you’ll be kickin’ in the front seat or kickin’ in the back seat. Canada will release its inflation figures for April!

Need to know what’s next for the Aussie? Read on to find out what the Reserve Bank of Australia revealed in its latest Monetary Policy Meeting minutes!

In the last two weeks, the price of crude oil has experienced a massive decline. After it had topped out at $114.86, crude oil dropped more than $20 to mark its lowest level in more than one month! What’s the heck happened?

Unlike what Jessie J wants us all to believe, sometimes it IS all about the cha-ching cha-ching and the ba-bling ba-bling. I’m talkin’ about rising prices, of course! Inflation can have a huge impact on the economy and our trading decisions, so let’s take this time to review the U.S.’s inflation situation.

It’s the middle of May and I think the heat’s finally getting to me. That’s right folks – I’m taking another contrarian view and giving you three reasons why the Aussie might be heading Down Under!