Forex Gump

Forex Gump

I throw macroeconomics, forex trading, pop culture, and everyday life into a pot and hopefully, the final product are lessons about the FX market that's easy to understand.

Articles by Forex Gump

ECOFIN Meeting: Three Possible Outcomes

The euro zone is making headlines again, and this time its finance ministers are on the hot seat. In their 2-day meeting that started yesterday, they will attempt to reach an agreement that will help pull the region out of its debt fiasco. Here are 3 predictions on the outcome of the meeting.

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Why China Keeps On Hiking

Last Friday, just when everyone was getting ready for the weekend, the People’s Bank of China (PBOC) raised its reserve requirements by 50 basis points. Boy, does China know how to pull off a surprise!

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More Yuan, Anyone?

Word around the market playgrounds is that the People’s Bank of China is now opening another channel for its currency, the yuan, to flow out of the country. Does this mean that China is yielding to the pressure of the global markets, or is it cooking up something more interesting?

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U.S. Employment: Beyond the Headlines

It has been a week since the NFP report, but don’t think that I have forgotten to say my piece about it! The headline figure showed an additional 103,000 jobs in December, and a drop in the unemployment rate to 9.4% from 9.8% in November. Is the U.S. economy on its way to a healthy recovery, or are there more to the figures than we think?

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Currency War Brewing in 2011?

In 2010, fireworks erupted between the U.S. and China, and no, it had nothing to do with Katy Perry. Accusations of currency manipulation were thrown all over the markets, and now it looks emerging economies are ganging up to keep their own currencies from rising. Grab your thinking helmets and get dibs on the details of what could be an all-out currency war in the making!

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Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.Albert Schweitzer