Forex Gump

Phew! After months of wishing and waiting, Japan breathed a sigh of relief as Prime Minister Naoto Kan emerged as the winner in the recent elections. What’s his plan for Japan?

Just yesterday, the markets seemed to rejoice after finance ministers and central bank heads reached an agreement on Basel III. Yipee! Wait a minute, what’s Basel III?

Shopaholics unite! It’s time to check out the upcoming retail sales reports to see the status report on consumer spending. New Zealand, United States, and United Kingdom, how you doin’?

In the Fed’s Beige Book, central bank officials highlighted some bright spots in the US economy, such as higher consumer spending and improved private investments. Still ain’t good enough?

The UK takes center stage on Thursday as the BOE releases its decision on interest rates. Are we in for any surprises?

Last July 23, the euro took a breather from dropping to its record-lows across the charts after the results of the EU stress tests were published. But it seems that the stress issue has come back to haunt the markets again! Did the naysayers finally shout loud enough to cast doubts on the stress tests?

The first of September has passed and with it, the results of the latest NFP report. To pretty much everyone’s surprise and delight, the results were oh-so-good! But is this really the case?

A certain Jean-Claude kicked butt yesterday and no, I’m not talking the guy from Street Fighter and Universal Soldier. The dude I’m referring to is ECB Governor Jean-Claude Trichet, and he doesn’t need to take off his shirt and intimidate you with an unbelievably muscular body, no sir!

Woohoo! The first Friday of the month is coming up and y’all know what that means: It’s time for the NFP! Here’s what I think the August report has in store…

For the past couple of weeks, USDJPY has been treading in territories untouched since 1995. The yen’s appreciation has caused Japanese officials to become more and more concerned. Is there no stopping the yen?!