Market News

Good day people of the forex world! Pip Diddy’s here again to bring the latest happenings in the forex scene. Check ’em out!

Why is this important? Because all the talk of a “bond bubble” is predicated on inflation … if it doesn’t materialize, there is no bond bubble. In fact, we do not think there is a bond bubble.

Once again, Asian superpower China unleashed a fresh set of impressive economic figures. Should the Chinese central bank implement more of its tightening measures, or is it time to get creative with its economic policies?

It looks like liquidity is starting to die down as the holidays approaches. This doesn’t mean that we can’t make some pips though. Check out my daily roundup to get a hold of the latest happenings in the forex scene!

In line with its efforts to educate the public about the ins and outs of retail off-exchange forex trading, the NFA released a booklet entitled “Trading Forex: What Investors Need to Know.”

Ever heard of the “End the Fed” movement? No? Great, now I can act all smart and tell you all about it!

Earlier this week, Fitch downgraded Ireland’s sovereign debt by three notches from A+ to BBB+, as they weighed the possible impact of restructuring the Irish banking system. To be honest, I wouldn’t say the downgrade came as a surprise.

We yesterday received an email from someone responding to our general perspective on China. While the email addressed most of the factors we already recognized, it did so with a different spin – one that is much more supportive of China and much more fearsome of the future of the US.

Just when the spotlight had shifted to Ireland, Spain, and Portugal, it seems that we’re starting to hear some grumbling from Eastern Europe. Once again, Hungary’s deficit problems have hit the airwaves. More trouble for the European Union?

Yo dawgs! Pip Diddy’s here again to bring you the latest happenings on the forex market! Check my roundup yo!

Oh yes he can! Yesterday, U.S. President Barrack Obama announced his tentative decision to extend the Bush-era tax cuts for another two years. This sent the newswires burning as market junkies scrambled to predict its effect on the U.S. economy and the Greenback.

Got whipsawed by all the wild action in yesterday’s trading sessions? Make sure it doesn’t happen again by brushing up on your fundies!

Adopting an austerity budget in Ireland — that was the reason for the see-sawing euro yesterday.

Unlike the surprising news of Lady Gaga’s hit Bad Romance not being nominated as Record of the Year in the 2010 Grammy Awards, the Reserve Bank of Australia’s decision to put rate hikes on hold came as no shock to markets. So, aside from us not getting an early Christmas present from the central bank in the form of a rate hike, what else did the RBA say?

From tax cuts to budget plans to interest rate decisions, yesterday sure was jam packed! Read all about it in today’s roundup!

In the US we all understand that our esteemed politicians and mega-CEOs love being flattered. And boy have they been soaking up the glory from their decisions to send large chunks of business operations to China over the last 10 years or so.

Word on the forex grapevine is that China still has a bunch of tightening moves up its sleeve, as the Chinese government plans to shift from a “moderately loose” monetary policy to a “prudent” one. It looks like China wants their monetary policy to be as tight as Conan’s jeggings!

Looks like we could be in for some wild rides today! Be sure to check buckle up and check out my roundup to know what speed bumps lie ahead!

A couple of weeks ago we laid out the case for a major top being in place in the Australian dollar. Could we be very wrong? You bet. And the reason would be stock markets blow-off again on a doubling-down of QE2 and continued optimism China will keep the music playing. A plausible bet indeed! But…

Despite posting back-to-back monthly gains, the NFP report failed to hit its targets and tripped all over the economic catwalk last Friday. Is disappointing U.S. data bad for the Greenback the new rad fad in the markets nowadays?