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

4 News Reports You Can Trade This Week

Goodbye August and hello September! I bet some of you are worried about not finding your summer love in time before the season of beach parties and warm beers ends. But don’t fret because you may just get some lovin’ from FX market thanks to the roster of high-caliber economic reports that we have on tap!

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Biflation: The Case of the Two-face

Depressing data from the US made double-dip recession a trending topic among market nerds. This got others debating on the biggest problem of the US economy. Is it rising prices or falling demand? Inflation or deflation?

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Ireland Brings Back Old Ghosts

Euro zone sovereign credit rating concerns? Isn’t that old news? Hah, apparently not! Yesterday, in a not-so-surprising move, S&P decided to lower Ireland’s sovereign credit rating to AA- from AA.

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What’s the Dilly on the Kiwi?

Based on recent data, it looks like the RBNZ could gear up for another interest rate hike, which may just give the Kiwi a boost. Looking at the charts though, I’m not quite sure about that. Is there divergence brewing between fundamental and technical analysis?

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Not Another Hung Parliament?!

Whew, Australian elections are finally over! However, current Prime Minister Julia Gillard and opposition leader Tony Abbott have at least a week of nail-biting to do as they await the election results.

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Who’s in for a Double-Dip?

Thanks to that triple-whammy of weak economic figures from the US yesterday, double-dip recession became a trending topic in the Forex world once again. And it looks like Uncle Sam ain’t the only one in danger!

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UK: Hungry for More Easing?

High inflation, strong GDP growth… What else could the BOE be waiting for before it finally decides to hike rates and end its bond-purchase program? Or is it still seeing signs pointing to more QE? Lone dissenter Andrew Sentance’s getting pretty antsy here!

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Our life is what our thoughts make it.Marcus Aurelius