Forex Gump

The Eurozone and the US weren’t the only major economies with growth and debt issues rocking the headlines this year. The UK was right there with them, so let’s review how it all pushed Cable traders around in 2010.

I have a question for ya’ll. Which among the major currencies was the first to hit parity against the dollar in 2010? If you guessed the Loonie, then you’re correct! In today’s 2010 review, I’m going to tell you exactly how USD/CAD fell to parity and kept teasing it all year long!

For today’s 2010 review, I’ll quickly look at the Australian Dollar’s meteoric rise against the Greenback after a rock start on risk aversion. What gave the Aussie its boost?

With 2010 quickly coming to an end, and traders away from the buy and sell buttons to ring in 2011, what better time is there to do a quick review the major fundamental themes of the year and market reaction. Let’s start with the safe haven majors: Japanese Yen and Swiss Franc.

For the past few days I’ve been hearing a lot of market birds chirpin’ about the possibility of China helping the euro zone with its debt crisis. But, really, how tight is the brothahood between these two economies, and what effect could China’s aid have on the euro? Read on to find out!

Yeouch! Did you see the number on that thing? I’m referring to Canada’s consumer price index released last Tuesday! It revealed that inflation in Canada dropped back to 2% year-on-year in November from 2.4% in October.

The holiday spirit may be upon us right now, but just around the corner, trouble is a-brewing. Let Forex Gump fill you in on the employment and inflation problems that await the U.K. in 2011!

The Organization of Petroleum Exporting Countries, or what we’d like to call “The Black Crack Mafia,” had a mob meeting last week to discuss the fate of the energy markets.

Boy, oh, boy! It looks like our buddies over at the European Union are getting more serious about establishing a permanent bailout fund. Here’s Forex Gump to give y’all the 411 on what happened in the EU summit last weekend!

Are you missing out on those strong price moves lately? Don’t fret! There are still a bunch of catalysts on the economic schedule for this week so let’s take a look at which reports could rock the markets in the next few days.