Market News

Grim NFP Pointing to a Weaker Dollar?

I hate to say this, but… I told you so! As I’ve mentioned in my non-farm payrolls preview, there was a significant chance that the report would fail to meet expectations. Well, it did happen, and the market ended up greatly disappointed.

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BOE Remains on the Cautious Side

Once again, the old chaps over at the Bank of England decided to stay put and not make any significant changes to its monetary policy. With the recent string of decent economic data, are policymakers becoming more optimistic?

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Kuroda Starts BOJ Term With a Bang

In a move to fight Japan’s deflation, BOJ Governor Haruhiko Kuroda unveiled the central bank’s plans that exceeded even the market players’ sky high expectations. What are these plans and how did the yen react to it?

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New Zealand Tax Deposits And the Forex Industry

I smell trouble and I don’t think it’s because of Google Nose. From the intel I’ve gathered, it would seem that New Zealand is trying to pull off a Cyprus by imposing taxes on deposits. Find out all about it and what it could mean to the forex industry.

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My life has been filled with terrible misfortune; most of which never happened.Montaigne