Market News

Every so often, two bulls decide to lock horns. Such is the case with China and Japan. Keep an eye out for the effects of this rift because things could get ugly!

Good Monday to everyone! Don’t get left behind and get a preview of this week’s hottest events by reading through my roundup!

For the past two weeks, EURUSD had been on a hot bull rally, posting fresh monthly highs and breaking above the 200 SMA on the daily chart. However, it stopped short of successfully trading past the 1.3400 handle yesterday as the ghost of structural problems resurface to haunt it.

One last day to grab some pips before heading off for the weekend! Make sure you know what lies ahead by checking out today’s roundup!

The pace of growth in the euro zone’s services and manufacturing sectors slowed much more than expected this month, but surveys published on Thursday showed businesses were more optimistic.

If there’s one currency that’s as stubborn as a 2-year old toddler, it’s the Japanese yen. The Bank of Japan has been pulling all the stunts, from verbal jawboning to actual currency intervention, yet it still can’t get the yen to behave. Why won’t its “tried-and-tested” moves work?

Is it time for the dollar to make a comeback? Or will it continue its slide down the charts?

People are still buzzing about this month’s most highly-anticipated event – no, I’m not talking about the season six premiere of How I Met Your Mother. I’m referring to the recent FOMC statement!

Burn baby burn! The dollar got lit up yesterday, as Fed officials made some dovish comments in yesterday’s FOMC statement! Read all about it in today’s roundup!

Both Ireland and Portugal are having bond auctions this week. You know what that means – potential spikes of volatility! How will the markets react? Will we see the return of risk aversion?

I feel it in my fingers. I feel it my toes… Today’s gonna be a really exciting day in the currency market since we’ve got plenty of big reports on deck. Let’s get started, shall we?

There is no mistaking the role the Australian dollar plays in currency speculation. It is easily THE risk currency. It’s got growth (particularly the tight connection to China and the rest of Asia) and interest rates on its side. So when speculators are looking to capitalize on risk appetite, or when investors are looking for an extra yield boost, they look towards the Australian dollar.

Ahhh… It’s another FOMC week! After last week’s rumors about more quantitative easing, all eyes will be on tomorrow’s statement. Here are three things you should look out for…

Risk on or risk off? Which will it be this week? If you missed out on those risk rallies last week, make sure you check out my economic roundup every day so you’re in the loop!

Take a deep breath. Do you smell that? That, my friends, is the smell of US Treasury Secretary Timothy Geithner getting grilled by the Senate Banking Committee. Yesterday, Geithner had the unenviable task of answering to senators who have been pushing the Obama administration to accuse China of currency manipulation.

Ain’t no better way to start the day than having a quick morning jog, a hearty breakfast, and my daily economic roundup! Read on, folks!

Step aside, Greenback. Make way for the hottest and shiniest safe-haven in town: Gold!

The majors have been on a bumpy ride for the past few days and it looks like upcoming economic reports are going to be exciting as well. Read my daily roundup so you’re in the know!

Yesterday was a weird day. I say that because the correlations seemed all screwed up. Bonds were weak, commodities were basically flat to mixed (except for the precious kind), US stocks flattish, and yet the currencies were signaling risk appetite is back; well, except for the yen which strengthened big time yesterday (before intervention this morning).

Phew! After months of wishing and waiting, Japan breathed a sigh of relief as Prime Minister Naoto Kan emerged as the winner in the recent elections. What’s his plan for Japan?