Market News

Good day, everyone! Are you ready to catch some pips today? Make sure you check out my economic commentaries to know what’s in store for the major currencies!

Boy, did the euro have a bad day on Friday the 13th! Renowned credit rating agency S&P downgraded nine European countries and sent the shared currency to its monthly lows! Thinking of going short? You may want to think twice. Some economic gurus say that the effect of the downgrades will likely be muted in this week’s trading. Here are four reasons why:

The cool cats of the BabyPips.com community have spoken. This week’s trade of the week winner is none other than…

Rise and shine, forex junkies! Time to try and bag some pips! But first, what the heck happened last Friday? Read up on your daily forex fundamentals to find out!

ECB President Mario Draghi claims that the ECB’s debt crisis strategy is working. Should we believe him?

Lost amongst all the hoopla surrounding the ECB and BOE interest rate decisions last Thursday was the release of U.S. retail sales figures for December. After last month’s disappointing results, what could be in store for the U.S. economy moving forward?

Quotable The Morning Star paled slowly, the Cross hung low to the sea And down the shadowy reaches the tide came swirling free. The lustrous purple blackness of the soft Australian night Waned in the grey awakening that heralded the light; Still in the dying darkness, still in the forest dim The pearly dew of …

When it comes to debt problems, the first words that that come into mind are “euro” and “zone.” But lately, there’s this one country that is threatening to take the spotlight away from the euro zone. I’m talking about Hungary.

I know it’s Friday the 13th but there’s no reason to worry about bad luck haunting you on the charts. Just read up on my daily forex fundamentals report to help you with your trades!

My man U.S. Treasury Secretary Tim G. visited Beijing earlier this week, and while the value of the yuan and the European debt crisis were also on the agenda, the issue that took the spotlight was that of Iranian oil. Will China join the Western powers and ban the importation of Iranian oil?

Taking advantage of the latest technological developments, two brokers have decided to delve even deeper into the mobile trading market by developing trading platforms specifically for the iPad. This means you no longer have to squint while you trade on your iPhone!

Our economic calendar has tons of major news reports lined up for you today, so you better prepare yourselves! Why not start with a recap on what happened yesterday?

You’ve probably read about SNB Chairman Philipp Hildebrand’s resignation last Monday. The question is, how will it affect the central bank’s future policy decisions? Here’s my two cents on it.

Risk appetite reigned supreme once again! Find out what affected market sentiment in yesterday’s trading by reading up on my forex fundamentals report.

Just when we thought that the European leaders’ meetings last month have done the trick for the euro, Angela Merkel brings Greece’s vulnerability back into the spotlight. Will the EZ leaders’ latest demands send Greece one step closer to a default?

Will the dollar continue to retrace? Or will it reestablish its dominance on the charts? Read my daily forex fundamentals to find out what could drive the markets today!

Well, well, well, what a pleasant late Christmas gift! In case you missed all the action last Friday, the U.S. labor market added 200,000 jobs last December, beating forecasts of 155,000. As my man Larry Bird would say, “Boomshakalaka!”

Once again, a familiar name tops my Trade of the Week contest! With divergence setup on cable, this week’s winner is…

Oooohhhh boy, it looks like the dollar turned in another winning week! Will it continue to dominate the markets? Or will other major currencies start fighting back?

The U.S. ain’t the only economy driving analysts loco by defying their expectations, ya know. Across the Atlantic Ocean, the United Kingdom is also off to a good start for 2012, printing one positive report after another. In fact, the recent figures we’ve seen have been pretty impressive that some analysts are saying that the country may even avoid a recession!