Market News

Will this week be just as exciting as the last one? The answer, my dear forex friends, lies in my daily economic roundup! Go ahead and check it out!

Gather ’round and read up on this week’s biggest releases, pipfolk! We’ve got big ones coming from all around the world! You want to get a head start on the week, don’t you? What are you waiting for?? Get in here!

Ever heard of the saying, “Birds of the same feather flock together”? Well, it turns out that it isn’t exactly true in Forex jungle. Because hawks, doves, and everything else in between flocked together this week, giving us on a wild ride on the charts!

Earlier this week, the Fed announced that it decided to expand its quantitative easing program by 600 billion USD. This program hopes to keep the U.S. economy on track to recovery and strengthen the pace of growth.

It’s a bird! It’s a plane! No! It’s the CFTC and NFA!!! Okay, maybe they ain’t superheroes in tights, but in the forex market, this twosome is the closest thing to crime fighters as it can get.

It’s the last day of the week, so you better make it count! Check out my daily economic roundup for the latest scoop on the forex market!

In the Fed’s statement yesterday, it announced that the second stage of its quantitative easing program will involve the buying of 600 billion USD of Treasuries evenly divided over 8 months ending July 2011.

Phew, yesterday was such wacky day for the currencies… If you think the wild ride is over, you’re wrong! With a bunch of interest rate decisions scheduled to come out from other major economies, today will probably be another volatile day for the currencies! Be careful!

The fun has begun and fiscal conservatives have taken back control of the US House. The rally in US stocks over the last couple months has been credited in part to this expectation that a shift in power within the US House of Representatives will help ease the burden of potential taxes and regulations that have heretofore been among the biggest reasons corporations have held back from hiring and investing.

Friends, Romans, pipfolk, lend me your ears! I bring you a preview of October’s non-farm payrolls report. Won’t you hear what I have to say?

Oooohhhh boy, it looks like risk appetite is taking off early this week! With the amount of data on deck, will it be able to continue to dominate the markets?

I guess they really do have everything backwards in the Land Down Under, eh? How come, you ask? Well, RBA Governor Glenn Stevens and his mates put on their Mountaineer costumers and decided to hike interest rates!

Looks like the dollar is gaining strength ahead of this week’s top tier reports! Can it sustain its gains or will we see some risk taking today?

While everyone was focused on the Fed’s interest rate decision coming out on Wednesday, they may have missed something that happened elsewhere… Open up your USD/JPY chart to see for yourself what I am talking about!

Brand new week and month! Let’s take a peek at what this week’s economic calendar shows us, shall we?

Doing some weekend homework and preparing for the week ahead? Good for you! Here are three U.S. economic reports that I think you ought to pay attention to this coming week.

OMG! The dollar rallying?!? Hah, this is something new! Earlier this week, Mr. Greenback was seen with a huge grin on its face as it bounced off its lows against other major currencies. Was this the work of profit-taking? Or was it caused by something else?

Let me interrupt your chart time to bring you a special news bulletin on brokers. So sit back, relax, and get first dibs on what’s going on in the Forex industry.

US GDP was at least as good as expected this morning, taking some pressure off the risk aversion trade and hitting the buck today. And the price action in the dollar-giving back overnight gains and getting hit now-suggests traders see the GDP as evidence QE2 will be at least as generous as their expectations. It is the muddle-through scenario of the Dollar Smile framework

After pushing its interest rates to the boundaries at less than .10% last month, the Bank of Japan recently revealed new tricks up its sleeves to boost the Japanese economy. Check out the breakdown of this bag o ‘tricks!