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

Debt Problems? Uncle Sam’s Got ‘Em Too!

I’m willing to bet my bottom dollar that if I say “debt problems,” you’ll automatically think of the Euro Zone, Ireland, Greece, Italy, Spain, or Portugal. But as Treasury Secretary Timothy Geithner predicts, the U.S. might be part of that list if the Congress doesn’t act soon.

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FOMC Snoozefest

Unlike New Year’s Eve and Katy Perry, the release of the FOMC meeting minutes produced very little fireworks. The meeting minutes, which outlined the details of the Fed’s interest rate decision last December 14, merely confirmed what everyone had already known – the Federal Reserve had no plans of cutting QE2 short because economic recovery still lacked momentum.

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Eston-no? Eston-yeaaah!

The big news over the weekend was that Estonia has finally joined the euro zone and has adopted the euro as its official currency. But before we go into the nitty-gritty of Estonia’s accession to the euro zone, let’s take a look at some key facts about the country.

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Forex Market’s Holiday Surprises

If you’ve been too busy finishing off the Christmas pie or busting out the champagne on New Year’s Eve, then here’s a recap of all the major drama during the holidays! Find out how China shocked the markets on Christmas Day, the U.S. clocked in last-minute surprises in 2010,and how the euro zone started 2011 with a bang!

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Quick and Wacky Predictions for 2011

Happy New Year! It’s 2011 and since we know there may be some of you too “tired” to get out of bed after a long night rockin’ in the new year, why not check out some of our wacky predictions for 2011 to make ya feel somewhat productive for the day…

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Two Themes Ruled the Greenback in 2010

Time to wrap up our 2010 Forex review with the big daddy, world reserve currency–the US Dollar. It was pretty simple for Greenback traders in 2010 as we pretty much only had to focus on two big stories: the sovereign debt crisis and quantitative easing. Check out how it all played out!

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All About Debt and Bailouts for the EU in 2010

Now let’s head on over to the euro zone, where most of this year’s drama took place! The 16-nation region was responsible for some of the wildest swings this year as the European debt crisis gave traders plenty to cheer and jeer about. Let’s recap the rollercoaster ride that led the euro to where it is now!

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Problems are only opportunities dressed in work clothes.Henry Kaiser