Forex Gump

Fed Chairman Ben Bernanke and ECB President Jean Claude Trichet are arguably the two most influential financial honchos around. As the global economy emerges from the worst recession since WWII, both leaders are stressing “the need” for a stronger dollar in order to stabilize international trade and prices.

There seems to be something fishy going on with the US retail sales… First, there’s the huge downward revision on the September sales figures then there’s this gaping discrepancy between October’s headline and core retail sales readings. What’s up with that?

After all this wand waving by the ECB, will we finally see some magic when the euro zone third quarter GDP reading comes out this Friday?

Major currencies staged strong rallies against the greenback as last week’s G20 summit in Scotland came to a close. Time to don the kilt and sound the bagpipes, aye lads?

Here we are, approaching another cold November. With another Jobs Jubilee around the corner, will we have something to be thankful for? Or will we get a late Halloween scare?

What’s the scoop on the UK? Talk of BOE Governor Mervyn King and his merry men possibly expanding their easing program later this week ain’t so hush-hush anymore. Is this all just hearsay or will we see more spilled tea?

Last week’s price action was probably one of the best example on how sentiment can shift on a dime. We’ve got a heavy economic calendar this week, so don’t forget to check my daily economic roundup to know what’s coming up next!

Early this month, the NZDUSD continued its steady climb, hitting yet another yearly high. However, the Kiwi has given up all of its October gains the past three days -what gives?

Happy Halloween! Will we get another treat from today’s action? Before you change into your costumes.. first, see what’s up in our daily economic roundup!

The release of the US third quarter GDP could cause quite a commotion during today’s US session. Aside from that, what other economic reports could rock the markets this day?