Forex Gump

It looks like the Reserve Bank of Australia is sitting tight for another month! As expected, the RBA decided in its latest monetary policy meeting to keep its interest rates at 4.75%. But given the ongoing concerns on rising commodity prices, did the RBA members make the right decision?

While most countries have been complaining about inflation, Japan isn’t quite on the same boat. It’s still caught in a battle with a totally different beast: deflation. Is this something Japan should be happy about or is it something to fear?

Yes, yes, the U.K. GDP report is old news. But now that it has been downgraded slightly, is it time for some MPC members to think twice before moving over to the hawks’ camp?

Oohhh baby, it looks like we’ve got a slew of interest rate decisions next week! With all this talk about the need to curb inflation, could we be in for a few surprises?

Mother Nature doesn’t seem to be on New Zealand’s side lately, does it? Because of the damage of the recent earthquakes, the country is in grave danger of plunging back into recession. Can New Zealand still get the economic gods in its favor?

Today we’ll take a closer look at the Federal Open Market Committee (FOMC) to see the dudes and dudettes in favor of a change in the Fed’s very accommodating monetary policy. So far, we’ve only got 4 hawks out of 12 FOMC members. Want to know more about them? Read on then!

This time around, Libya and other MENA nations are rocking the airwaves with their own anti-government demonstrations. Was the ruckus in Egypt just the tip of the iceberg? Read on to find out how these protests could affect the forex market.

Uh oh, what is this I hear? It seems that another euro zone member will need a bailout! Can you guess which nation I am talking about?

Whoa, wait a second there buddy! Just when we thought late last year that the BOE would go all Buckingham Palace Guard on us and not shift its monetary policy stance, it seems that one by one, MPC members are now joining the flock of the hawks!

A week after Valentine’s Day, G20 finance ministers decided to have their own rendezvous, but without the candlelight and fine wine. Instead of exchanging sweet nothings, they decided to talk about constructing some reforms for the international monetary system, rising inflation, and trade imbalances.