Forex Gump

If you still haven’t decided how you’re gonna play the U.S. retail sales release this week, check out my two cents on the upcoming report. Who knows? My two CENTs could bring a two perCENT gain on your account!

Yesterday while we were busy watching Soul Surfer in theaters, China posted its first quarterly trade deficit in SEVEN YEARS. Should we start worrying about it?

Just a few hours before the clock struck midnight, Republicans and Democrats agreed to a compromise and avoided a government shutdown. Whew, that was close! But what’s next?

On April 7, 2011, European Central Bank (ECB) President Jean-Claude Trichet finally caved in to inflation pressures and decided to raise interest rates by 25 basis points to 1.25%. It marked the first rate increase of the ECB in almost three years!

The European Commission may have shown a lot of love for debt-ridden nations when it established the European Stability Mechanism (ESM), but not all market pundits are seeing the ESM through rose-tinted glasses. Come check out what flaws nitpickers have seen in the ESM!

Oh boy, it looks like Wall Street is buying up those ol’ subprime bonds once again. What will this mean for the financial markets? More importantly, what does this mean for all us currency traders?

Word around the streets is that the famous yen carry trade is about to stage a major comeback! Will traders return to the ol’ strategy, or will it tank deeper than Charlie Sheen’s attempts at “winning”?

As positive as last Friday’s NFP report was, a few market bees are buzzing that other economic factors are actually pointing to a double-dip recession in the U.S. Here are five reasons why the possibility of a double-dip recession in the U.S. is much higher than you think:

Whew! Fortunately, the March NFP figures didn’t disappoint unlike Charlie Sheen’s dismal tour. No, that ain’t an April fools’ joke. Read up on my NFP review and see what I’m talking about!

It’s the start of another month and you know what that means -another round of interest rate decisions! See which three central banks will make headlines this week, and why some of them could surprise market expectations.