Market News

How did your broker do in 4Q 2010?

It looks like brokers have released their profitability reports for the last quarter of 2010. Which broker’s accounts fared well? Which didn’t? Find out by reading up on Forex Ninja’s latest mission!

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Loonie Strength Ruffles BOC’s Feathers

For the third time in a row, the Bank of Canada decided to keep interest rates on hold at 1.00% as expected. It looks like BOC Governor Mark Carney and his men aren’t in a rush to hike rates soon… Read on to find out why.

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ECOFIN Meeting: Three Possible Outcomes

The euro zone is making headlines again, and this time its finance ministers are on the hot seat. In their 2-day meeting that started yesterday, they will attempt to reach an agreement that will help pull the region out of its debt fiasco. Here are 3 predictions on the outcome of the meeting.

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Why China Keeps On Hiking

Last Friday, just when everyone was getting ready for the weekend, the People’s Bank of China (PBOC) raised its reserve requirements by 50 basis points. Boy, does China know how to pull off a surprise!

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Forex Trading Volume Forecast for 2011

At this point of the year, annual predictions are a dime a dozen. We get forecasts that cover everything from championships to celebrity breakups, and of course our favorite, the forex scene! Come check out what one research firm forecasted for the forex industry in 2011!

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More Yuan, Anyone?

Word around the market playgrounds is that the People’s Bank of China is now opening another channel for its currency, the yuan, to flow out of the country. Does this mean that China is yielding to the pressure of the global markets, or is it cooking up something more interesting?

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If you don’t know the odds, you can’t make an intelligent bet.Larry Hite