Forex Gump

After beating Germany for the title of third-largest national economy in 2007, China reached another milestone by recently overtaking Japan as the second-largest economy. Can anybody say go-getter?

Nominal retail sales grew for the first time in three months, climbing 0.4% in July. Likewise, core retail sales surged another 0.2%, to record a rise in seven out of the past eight months. But don’t let these upticks fool you, the bigger picture paints a less optimistic retail trade scene.

In my blog yesterday, I mentioned in passing how disappointing Chinese data helped trigger a wide-reaching case of risk aversion in the markets to the benefit of the yen. Today, we will dig a little deeper into the issue and …

One day. That’s all it took for market sentiment to shift in favor of the yen. Is this the reversal that the gloom and doom camp has been waiting for? Is risk aversion back in vogue?

It looks like the Fed’s a little worried over the outlook for the US economy. How does the Fed plan to respond to all this? Well you can bet they won’t be sitting on their hands!

Once upon a time, the Aussie was the “it currency” of the market after its stellar economic performance launched it to stardom. But with recent Australian reports printing bad figures one after another, could its ride up the charts come to a crashing halt? Let me give you the lowdown.

As the FOMC heads gather to discuss the fate of the US economy, will they grant the markets with an interest rate hike? I doubt it! And I’ll give you six reasons why…

Another week of economic data, another week of good news for the euro zone! Is it time to finally say that the worst is over for the euro zone?

Ooh, I’ve got a hunch that the upcoming NFP report is hiding something up its sleeve. Judging from the better-than-expected ADP employment data, could we expect the NFP to print positive figures and bring good news for the US labor market?

The pound just seems to keep getting lighter and lighter! Upbeat economic figures from the UK, along with increased risk appetite, kept the pound flying across the charts but would the upcoming BOE statement cut its flight short?