Market News

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There seems to be a scramble afoot to define exactly why commodities plunged across the board the other day. Some blame a big trader, others the six-planet alignment, and many point to concern China is slowing.

If you’re planning to trade the U.S. retail sales report tomorrow and you have no idea where to start, look no further! Forex Gump’s got the 411 on the upcoming consumer spending data.

Need help getting over the hump day? Never fear, Pip Diddy is here! Check out my daily roundup to see what lies ahead!

Last week, we saw some pretty slick moves (pun intended) from oil bears. How can we make money off this while trading currencies? Let ole Forex Gump fill you in on how to capitalize on oil’s recent slide using USD/CAD!

If you missed chances to make pips yesterday, don’t make the same mistake today! Keep yourself in the know by getting your daily dose of my market roundup!

That sure didn’t take long. Gold pulls back to $1,500 and we’re already asking whether it is a bubble on the verge of popping.

Here ye! Here ye! Come one, come all! The U.S. employment report came in with a surprising result, showing that the labor force added a net number of 244,000 workers. Is it time to rejoice? Not too fast, esé!

Ready for another week of crazy market movement? Here are my fundamental tidbits to get you warmed up for this week!

Aside from the smell of pancakes with their world-famous maple syrup, Canadians woke up to an extra good morning last Monday. If you missed the news about the Conservatives winning the majority in Parliament, don’t worry! I’m here to fill you in on the details and give you three reasons why it will make you looney for the Loonie!

On May 5, 2011, the ECB announced that they have decided to keep the benchmark interest rates unchanged at 1.25% after raising it by 25 basis points last month. While the announcement may not have been exciting, the press conference that followed was completely the opposite.

I got call yesterday afternoon from a very seasoned player in the world of finance. He is a man that has seen it all, many of these cycles again and again. He knows, or has worked, or has rubbed elbows, with the biggest names in the industry.

That’s right folks, Portugal has agreed to the EU- IMF’s proposed bailout plan! It’s a little surprising to see how it all went down so smoothly, considering where Portugal was just over a month ago.

I’m sure all of y’all are wondering what caused the massive moves on the charts yesterday. But don’t fret ’cause I’ve got that all covered and more on today’s Daily Economic Roundup! Check it out, playaz!

Earlier in the year when JR and I did our “Best Guess” Issue for 2011, aka our “Forecast” Issue, we talked about the key linkages in the global economy; I shared these again during my most recent webinar sponsored by Mirus Futures and CME. I think it still works well as a framework …

Well waddaya know! Here we are again, a day away from the U.S.’s big NFP release. What does this bad boy have in store for us this time? Read on to find out!

Is risk aversion here to stay? Before you take a trade based on your answer to that question, make sure you check out the events lined up for today. It’s all in my daily economic roundup!

Finally, the search is over! After a decade of playing hide-and-seek with the U.S. government, Osama bin Laden has finally fallen! The question is, how will this affect the dollar?

As I was perusing the very fine library of what Reuters calls its “eurozone crises graphs” I ran across this on yesterday and shared it with our Members. At no point in time while viewing anything on this graph did I think of “favorable or desired outcome” or “the attainment of wealth.”

Happy Wednesday to ya’ll! Make sure you keep up with the latest happenings in the foreign exchange market by reading through my daily economic roundup!