Market News

I read with interest Mr. George Soros’ plan B for Europe, as succinctly laid out in and editorial the Financial Times this morning. In case the EU leaders didn’t know it, Mr. Soros is here to let them know it’s time for the eurozone to be “ringfenced,” i.e. insure the core remains stable despite the fact it may be too late for some countries on the periphery.

After the sensational ECB interest rate decision and the disappointing June NFP report, Europe’s sovereign debt crisis is once again making headlines in financial markets. This time around, it’s Italy’s turn in the hot seat.

Missed some pips on yesterday’s trading? Find out what exactly caused the ruckus in yesterday’s price action by reading up on your daily fundamentals!

So much for the ADP report being a good indicator of non-farm payrolls results! After the ADP printed a nice figure earlier in the week, many expected we’d see a similar result on NFP Friday. However, the stars didn’t line up properly, and instead, the NFP shocked the markets with another downer!

You cast your votes, and we listened! The winner of the Trade of the Week Contest for July 11 to 15, 2011 is none other than…

Wild non-farm payrolls Friday? Check! Lots of upcoming important reports this week? Check! Read my latest roundup and get ready for the brand new week ahead!

I mentioned in my blog last week that China’s resilience during the 2008 financial crisis made it the envy of many nations. However, it seems like big ol’ China has a few sore spots in its economy too! Here are four of them:

Earlier this week, Moody’s, the ever-so-popular credit rating agency, announced that it decided to downgrade Portugal’s debt to Ba2 from Baaa1 with a negative outlook. Since Ba2 is below the lowest investment grade level, it means that Portugal’s bonds are now considered “junk.”

When I saw a headline after Jean Claude Trichet spoke after the ECB monetary policy decision yesterday, I had to scratch my head and check my calendar to make sure the year wasn’t 1984.

Looks like Australia’s employment numbers are starting to gain momentum again. But how exactly will this affect the Reserve Bank of Australia’s stance on the economy?

Last day of the week, homies! Before you bag those last-minute pips, get your learnin’ on with my Daily Forex Fundamentals!

Heads up! Another set of fireworks could be coming your way when the U.S. releases its jobs report on Friday. If you plan to trade the NFP release, you might want to look at how EUR/USD usually reacts to this report.

Want to know more about today’s interest rate decisions? Don’t worry, Pip Diddy’s got yo’ back!

My old boss, Ross Perot (yes, it’s true), used to say that giant sucking sound you hear is the sound of jobs leaving the country thanks to NAFTA. Despite all the criticism from the free-market mantra clowns on the right, Perot was indeed proved correct, regardless of what you may think of the man.

Nope, Thanksgiving ain’t for another five months, but yes, that is Turkey you smell cooking in the kitchen. Turkey the country that is!

Looks like Moody’s hit the markets with yet another downgrade! Who was it this time? Read all about it in today’s Daily Forex Fundamentals!

Good day fellow traders. The moment ya’ll been waiting for has finally arrived. It’s time to reveal the winner of the Best Forex Trading System for the month of June. And the award goes to…

It has been more than a quarter of a decade since the financial crisis first hit the airwaves. Since then, the world’s largest economies have banded together to bring the global economy back to its feet. While it is true that the world has been slowly recovering, it is still very fragile.

If you want to see some post-Independence Day fireworks, look no further than the forex market. Read up on my daily forex fundamentals and know the events that could light up the charts in today’s trading!

Come one, come all! Brace yourselves for more fireworks when the RBA announces its monetary policy decision tomorrow. Will they hike interest rates this time?