Market News

Now that we’ve actually got some reports coming out, expect more movement in the markets today! Read up on what could shake up the markets in today’s daily forex fundamentals!

With the Jackson Hole meeting only a few days away, market players are casting their votes on what Big Ben Bernanke has to say. Will the Fed announce new plans, or has it drawn the line at promising low interest rates?

Aaand we have a tie! Both Jabroni and Littlebopip garnered 18 votes each for their awesome trade ideas. Check out the setups they spotted. You may just be able to make a handful of pips from them!

Which among the major currencies will have the moves like Jagger this week? Better check out my daily forex fundamentals if you want to know the answer!

It’s no secret that the Swissy has been moving up the charts with so much swagger like Mick Jagger. Hotshots at the SNB have also made sure that it’s also no secret that they aren’t happy with the currency’s strength. But what can they do about it?

The market has been very crazy the past two weeks: gold rallied for the first time above $1,800, S&P plummeted to 1,131 to mark a new year-to-date low, and EUR/USD traded wildly within a huge 400-pip range.

Just when we thought we’ve already heard enough bad news about the global economy, BAM! The U.K. steps into the spotlight with its roster of disappointing economic reports. Is it under the threat of falling back into recession, too?

Ready for some heart-poundin’ price action today? Better brace yourselves and find out what lies ahead by checking out my daily forex fundamentals!

Two days ago, the pound was able to stage a huge rally against the dollar due to better-than-expected inflation figures. Inflation, which is measured by the consumer price index, rose to 4.4% in July. The rate was both higher than forecast and the previous month.

Boy, were markets crazy yesterday! But even though they were all over the place, one thing was consistent – the Greenback’s weakness! Has it truly lost its safe haven status?

On Friday, August 12, 2011, the National Futures Association announced that it would fine Forex Capital Markets, LLC (FXCM) $2 million for slippage malpractices. The NFA also ordered FXCM to return the money it gained from their unfair practices to the affected clients.

It’s that time of the month again folks! No, Huck isn’t in her “Leave me alone or I kill you mode.” I’m talking about the U.K. Retail Sales report coming out tomorrow! For all you news traders out there, this could be your chance to bag some nice pips this week.

"There are plenty of worries, there are plenty of fears, but so far the fears are completely unfounded," Rupkey said. "Bad things have not happened. We’ve been pleasantly surprised."

Think midweek reversals are in the works today? Make sure you read up on your fundamentals to see if the markets think so too!

If anyone, other than me, has been trying to trade euro intermediate-term on the fundamentals, you have likely gotten your derrière handed to you.

Call me crazy, but is it time to start hoarding up Greenbacks? Here’s one old man’s view on why we should consider buying the dollar.

Down goes the dollar… again! But what caused its fall? Wonder no more as I’ve got the 411 on why dollar fell yesterday and what you can expect today! Get in here, fellas!

It has been quite a while since we’ve heard about the debt problems of Europe. With the European Central Bank’s (ECB) highly successful Italian and Spanish bond auctions and the European equities market recuperating some of its losses last week, it seems that debt contagion fears are now a thing of the past.

It was a close fight, fellas! But in the end, there can only be one winner. And the Trade of the Week award goes to…

It’s the start of a brand new week guys. Time to shake off your Monday blues and get ready to make pips! Check out my daily forex fundamentals and know what we have on tap in today’s trading.