Market News

Trouble Brewing for the U.K?

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!

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Fair? Life is not fair; so never say never!

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.

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Trade the News This Week!

Are you missing out on those strong price moves lately? Don’t fret! There are still a bunch of catalysts on the economic schedule for this week so let’s take a look at which reports could rock the markets in the next few days.

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Daily Economic Roundup – December 16, 2010

Dollar domination! Judging from yesterday’s price action, it looks like risk aversion’s back with a vengeance. Will the higher-yielding currencies have a chance to win back their losses today? Or will the safe-havens continue to dominate?

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No Drama From the FOMC

Unlike those in the past, this week’s FOMC statement lacked the flair and drama to light up Broadway. But that doesn’t mean you should just ignore it! Here’s Forex Gump to give you the heads up of what was said yesterday!

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There are no secrets to success. It is the result of preparation, hard work, and learning from failure.Colin Powell