Market News

We keep hearing near panic pronouncements about interest rates soaring should the Fed start tapering.

Finally some progress! The Republicans fired the first salvo in what looks like the first of the debt ceiling negotiations yesterday. How did the markets react and what does this mean for the U.S.

What’s up, forex fellas? Take a look at what’s driving forex price action these days so you won’t be taken by surprise when crazy moves happen!

The IMF has aired the dirty laundry. They have made known the growth head-winds and the financial risks.

Judging by the euro’s broad rally yesterday, it looks like market players approved of what Draghi had to say! Here are 4 key takeaways from his speech.

What a comeback by the dollar! Find out how it wreaked havoc on the major currencies by reading up today’s forex updates!

Using a simple A-B-C count of the legs, or waves, down in the US dollar index shows the last leg, or C-wave in this chart, found support right at a key exetnsion level, i.e. wave C = 76.4% of wave A.

In a few hours the White House is expected to announce Janet Yellen’s nomination as the next head of the Federal Reserve. Here are 8 things you probably didn’t know about Ben Bernanke’s likely successor.

Rise and shine, forex folks! Start your day right by getting your daily dose of economic updates!

If interest yield is the one powerful driver in the currency markets operating in the background, then this chart suggest either the euro is about to take a nosedive, or US short-rates are about to plunge.

I was made privy to some analysis recently disseminated by an analyst who resides at a newsletter firm. And though not surprised given the nature of the newsletter business, I noted a degree of confidence in his analysis that screamed more loudly than usual, “I know more than Mr. Market. Period!”

If you’re looking for an economic event to trade this week, you might want to consider playing the BOE rate statement. Check out these tips and tricks!

With no major economic theme hanging over the markets, what the heck is moving the major currencies?

It’s always tough to pick a bottom in any actively traded market. If you’ve done it before I would suggest you just chalk it up to luck and move on.

With no debt ceiling deal in sight, market players are talking about an option that would involve Obama scrapping the debt ceiling altogether. Is this option even possible?!

Y’all ready for a fresh trading week? Take a look at my economic roundup to see what you should expect!

Traders keep their eyes and ears peeled for central bankers’ speeches, not only because these tend to spark volatility, but also because their remarks usually dictate longer-term directional moves. Here’s a rundown of what they had to say this week.

We’re not getting the NFP today but that doesn’t mean that we’re not getting any action! Check out what’s in store for the major currencies today!

It is priceless to watch the video embedded. It is downright comical to see the financial press, a la the fawning hacks on CNBC, attempt to defend Jamie Dimon’s performance as head of J.P. Morgan in this piece.

With big issues such as the U.S. government shutdown, Italy’s political drama, and the potential slowdown in the U.K. hogging the spotlight, the comdolls were forced to retreat backstage. What’s driving AUD, CAD, and NZD lately?