Market News

Woah! It looks like we’re seeing some wild action in the forex market lately. What a way to start the year! If you don’t want to get left behind by these strong moves, make sure you check out my daily roundup.

In the few short days of 2011 some themes are already emerging. One such theme is that of upwardly revised growth forecasts for the United States.

The big news over the weekend was that Estonia has finally joined the euro zone and has adopted the euro as its official currency. But before we go into the nitty-gritty of Estonia’s accession to the euro zone, let’s take a look at some key facts about the country.

Happy New Year people of the forex market! Pip Diddy’s here again to bring the latest happenings in the forex scene. Check ’em out!

New lending to small businesses recovered in 2010. A Thomson Reuters/PayNet survey showed such lending jumped by 17% compared to 2009. The survey also suggested small businesses are investing again.

If you’ve been too busy finishing off the Christmas pie or busting out the champagne on New Year’s Eve, then here’s a recap of all the major drama during the holidays! Find out how China shocked the markets on Christmas Day, the U.S. clocked in last-minute surprises in 2010,and how the euro zone started 2011 with a bang!

It looks like 2011 isn’t looking too nice for the dollar as risk appetite came back to play again! Let’s see what the first trading day of the year has in store for us, shall we?

Happy New Year! It’s 2011 and since we know there may be some of you too “tired” to get out of bed after a long night rockin’ in the new year, why not check out some of our wacky predictions for 2011 to make ya feel somewhat productive for the day…

Time to wrap up our 2010 Forex review with the big daddy, world reserve currency–the US Dollar. It was pretty simple for Greenback traders in 2010 as we pretty much only had to focus on two big stories: the sovereign debt crisis and quantitative easing. Check out how it all played out!

Now let’s head on over to the euro zone, where most of this year’s drama took place! The 16-nation region was responsible for some of the wildest swings this year as the European debt crisis gave traders plenty to cheer and jeer about. Let’s recap the rollercoaster ride that led the euro to where it is now!

The Eurozone and the US weren’t the only major economies with growth and debt issues rocking the headlines this year. The UK was right there with them, so let’s review how it all pushed Cable traders around in 2010.

Thru the end of the week we will be publishing some of the Currency Currents past we liked …and think still contain some thinking points for markets as we move into 2011…

I have a question for ya’ll. Which among the major currencies was the first to hit parity against the dollar in 2010? If you guessed the Loonie, then you’re correct! In today’s 2010 review, I’m going to tell you exactly how USD/CAD fell to parity and kept teasing it all year long!

For today’s 2010 review, I’ll quickly look at the Australian Dollar’s meteoric rise against the Greenback after a rock start on risk aversion. What gave the Aussie its boost?

With 2010 quickly coming to an end, and traders away from the buy and sell buttons to ring in 2011, what better time is there to do a quick review the major fundamental themes of the year and market reaction. Let’s start with the safe haven majors: Japanese Yen and Swiss Franc.

For the past few days I’ve been hearing a lot of market birds chirpin’ about the possibility of China helping the euro zone with its debt crisis. But, really, how tight is the brothahood between these two economies, and what effect could China’s aid have on the euro? Read on to find out!

Yeouch! Did you see the number on that thing? I’m referring to Canada’s consumer price index released last Tuesday! It revealed that inflation in Canada dropped back to 2% year-on-year in November from 2.4% in October.

Yo homies! Before you go on your holiday break, read up on the latest happenings on the forex market! I’ve got it all here!

The holiday spirit may be upon us right now, but just around the corner, trouble is a-brewing. Let Forex Gump fill you in on the employment and inflation problems that await the U.K. in 2011!

If you are sitting on euro debt issued by a periphery country, and said periphery country decides to pull the plug on its club membership in the single currency, it won’t be fair when the value of your debt denominated in euros, of course effectively guaranteed by the venerable European Union, plunges in value.