Forex Gump

Yesterday, the BOJ released its monetary policy statement. Although it did leave the benchmark interest rate steady, the bank unveiled the details of a new lending facility to encourage lending to businesses.

After a couple of weeks of nappy time, China popped its head back into the markets with some shocking economic figures. With the data showing more signs of growth for the Chinese economy, is it time for the PBOC to tighten their monetary belts?

As you probably know by now, UK’s ballooning public deficit has been the center of attention amongst traders these past few months. Let’s take a look at the recent figures and statements to see how much trouble they’re in.

One by one, European nations have been announcing that they plan to implement austerity measures to help with their respective deficit problems. Austerity measures? What the heck is that? Is this a new fad I don’t know about? Sounds Na’vi to me!

Now that the Bank of Canada followed the Reserve Bank of Australia’s lead and hiked rates last week, is it time for the Reserve Bank of New Zealand to follow suit?

First Greece. Now Hungary? Yikes! There seems to be another case of sovereign default brewing in Europe! What does this mean for the slumping euro?

It’s that time of the month again when one of the most important economic data gets published. Of course, I’m talking about the US non-farm payrolls report!

It looks like Japan will be heading to summer school again, as it recently got three D’s on its latest report card! What are Japan’s problems now? Deflation, debt, and disastrous politics!

The Reserve Bank of Australia finally ended its hot streak and decided that current interest rate levels are appropriate. I guess the question that is on the mind of every Aussie trader is this: How long will the RBA sit on the sidelines before they begin to think about raising rates again?

As Pip Diddy said in his roundup, we’ve got tons of high-impact reports coming out this week. The Bank of Canada will be kicking the party off with its interest rate decision tomorrow. The question on everyone’s minds – will the BOC actually raise rates?