Forex Gump

Last week, I wrote about how Uncle Sam’s economic stimulus seems to be working as the US advanced GDP came out better than expected. Could this Thursday’s release of the revised GDP be in line with the recent good data?

Everything was pretty much range bound yesterday because of a relatively light economic calendar. Today will be different, though, with a bunch of reports due all over. Find out what’s up!

Higher-yielding currencies made a beeline for the finish last week. Do they still have enough energy to continue their rallies for another week? Find out on today’s economic roundup!

Am I seeing things…? Are things actually… improving? Could it be that Uncle Sam’s (in)famous economic stimulus package is… working? Are the government’s hefty tax cuts and massive house price markdowns finally starting to work their magic?

We saw some ranging yesterday, as the USD gains and losses were mixed across the board. Where will traders turn to as we end the week?

Get this: The IMF officially declared that the Recession is O-V-E-R. We all know what this means… Poor USD and JPY, sold off against the other majors yesterday. Rally sustainable? Let’s see!

After a very slow start, the ‘high yielders’ made a last push to close yesterday in the positive territory. Will they be able to keep this momentum going? Or will they falter?

Remember the latest BOE statement when the pound took a great fall like Humpty Dumpty did when he sat on that wretched wall? That was when BOE Governor Mervyn King decided to

Risk aversion seems to be enjoying its stay in the currency market. Would the economic reports due today drive risk aversion away or convince it to extend its stay?

Looks like US consumers aren’t as confident as some thought they would be! Check out what else happened last Friday and what’s coming up this week in today’s economic roundup!