Market News

What the Heck Happened to the Dollar?!

After chillin’ like ice cream fillin’ for the past couple of days, the currency bulls and bears suddenly fired up and dragged the Greenback lower against its major counterparts. What are the possible reasons for the dramatic price action?

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Beige Book: No Need for QE3?

Is QE3 in the pipeline already? Is the U.S. economy dipping into recession soon? Will Bernanke ever shave his beard? Let’s get the lowdown on what Fed officials think about the economy by taking a peek into the most recent Beige Book report!

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Buying the Risk Rally? Think Again!

Planning on buying the dips on your long positions? You might want to think again. As yesterday’s price action reminds us, it doesn’t take much to remind investors of a few fundamental concerns in the global economy.

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Daily Forex Fundamentals – October 18, 2011

To buy, or not to buy? That is the question. After the dollar’s strong performance yesterday, traders are left wondering whether a reversal is happening. See what I have to say about the current market environment in my daily forex fundamentals!

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Everybody loves the Street!

It used to be we only had bulls, bears, bucket shops, manipulators (aka specialists), syndicates (aka manipulators), sheep, wolves, tipsters, and an assorted array of those fond of larceny occupying Wall Street; in short, the embodiment of what Goldman Sachs built its reputation upon.

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Time for the Euro Zone to Walk the Walk

“We’ll do this,” “we’ll do that,” “we’ll implement this,” and “it’ll solve everything” are some of the things we’ve heard spew out of euro zone officials’ mouths. Do you believe them? What does the rest of the world think?

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Monetary Easing: Who’s Next?

Just over a week ago, our buddies over at the Bank of England decided to slap the markets with another round of quantitative easing. The question is now, who will be the next to turn on the monetary easing button?

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You got a dream, you gotta protect it. People can’t do something themselves, they wanna tell you, you can’t do it. If you want something, go get it. Period.Will Smith