Market News

The dollar went on a wild roller coaster ride yesterday as risk sentiment kept shifting. But with the absence of high profile economic reports today, will we see some sideways price action?

Move over, Brangelina – a new power couple is shaking up the newswires! Yesterday, Germany’s Angela Merkel and France’s Nicholas Sarkozy – dubbed as “Merkozy” – boosted risk appetite by calling for stricter measures in the EU treaty.

People will argue that eventually fundamentals always matter. It can also be argued that price dictates fundamentals over certain time frames.

You wanna make some pips? Then gather ’round boys and girls! Read up on what’s in store for us today with my daily forex fundamentals report!

Time is up, traders! It’s time to round up the votes and crown this week’s winner for the Trade of the Week!

After seeing a strong NFP headline figure AND a surprise drop in the U.S. unemployment rate, you would think that investors would push high-yielding currencies to new intraweek highs. So why didn’t we see a huge rally last Friday? Here are three possible reasons.

What is this “Santa Claus rally” that everyone seems to buzzing about lately? Could this be your chance to grab some pips before the year ends? You better watch out, you better not cry, you better not pout and I’ll tell you why!

Back in 2007 some no-name GOP political candidate with two first names emphasized the need to restructure our monetary system. But he had a hunch government would not even consider tackling the problem until a major crisis descended upon the US financial system.

Six central banks shocked the markets this week when they decided to join forces to prevent a credit crunch. What exactly did they do? How do they plan to carry it out? And what does this mean for the global economy? Read on to find out!

When you think of what happened to our light bulbs you just shake your head and say: I couldn’t make this &*^% up if I tried! Sadly, when we watch the actions of the Fed we do the same.

It’s the first Friday of December. You know what that means, right? Today is NFP Friday, y’all! Be sure to read up on my daily forex fundamentals to better anticipate the much-awaited jobs report!

With everything that’s going on in the euro zone these days, traders and brokers can’t help but speculate about a possible return to the Greek drachma or worse, a potential euro zone break-up. In fact, ICAP Plc., operator of the world’s largest electronic trading platform for forex, has already come up with a contingency plan for this scenario.

I was reading news about the euro zone debt crisis on Reuters the other day and I came across an article that detailed the events that followed after Greece received its first bailout package. I wanted to share it with my readers so I converted it to something more easily understandable. Check it out!

And just like that, it’s December! Make sure you don’t get blindsided by any of the red flags coming up today by checking out my daily forex fundamentals!

Risk assets love this news this morning. The euro is jumping and stocks are rocking and rolling…good for financial market players, but we’ve seen this before–credit thrown on top of credit to solve a problem that was caused by too much credit in the first place.

Mark your calendars, ladies and gents! NFP Friday is just around the corner! Let’s put the euro zone debt drama aside for a moment and shift our attention back to the U.S. labor market.

Will risk-taking continue or are we in for a midweek reversal? With plenty of red flags on today’s schedule, the charts could be filled with another set of strong moves. You don’t want to miss out on my daily forex fundamentals!

These markets are no different from tweenage girls, I tell ya! They love gossip too! Yesterday, word got around that Italy might get a 600 billion EUR loan from the International Monetary Fund. Naturally, this sparked a broad risk rally and got the markets all riled up. But is there any truth to these rumors?

What a wacky start to the week! Will we see more risk-taking today? Check out my daily forex fundamentals to find out what lies ahead!

After launching at least four currency interventions since September last year, is the Bank of Japan now thinking outside the box and looking for other ways to intervene in the markets? Here’s why the BOJ might be considering stealth intervention from overseas.