Market News

China pulled the trigger on the quid pro quo of not being labeled a “currency manipulator” by the US government, by announcing a move to a crawling- instead of the effective fixed-peg exchange rate system they have been employing.

Just this weekend, the PBOC announced that they’d let the Yuan move more freely against the dollar. It seems that Chinese officials are finally giving in to the pressure – both from the US and from inflation!

After those strong rallies earlier last week, price action cooled off last Friday when economic data was relatively light. Are the pairs gearing up for just another manic Monday? Check out my daily roundup to find out!

Quiet so far today…but we keep thinking things still ain’t right out there; this isn’t your father’s usual “recovery” from recession. Inflation, or the lack thereof, and the rising potential for outright deflation continue to nag at us.

Happy Friday forex folks! Want to know what economic reports are in store for today? Read my roundup to find out!

There’s been a specific, yet passive, global contingent led by the US and somewhat supported by Europe, that believes the Chinese yuan is undervalued, that China possesses an unfair trade advantage by keeping their currency tied down.

Uh oh, now that the US government tax credit program has already expired, what’s next for the housing market? Housing figures for May ain’t looking so good! Is there something that the Fed could do to push those housing numbers back up?

After yesterday’s snoozer session, could we see some big moves today? Read up on potential catalysts by going through today’s roundup!

Yesterday, the BOJ released its monetary policy statement. Although it did leave the benchmark interest rate steady, the bank unveiled the details of a new lending facility to encourage lending to businesses.

Check out my daily roundup and find out which currencies are gearing up for an economic showdown. It’s bound to be as exciting as the World Cup or the NBA Finals, I tell ya!

I heard about the World Cup opener between South Africa and Mexico and have seen two other “matches” since; all three have resulted in ties. Both Jack and my father-in-law respond the same way – it’s like kissing your sister.

After a couple of weeks of nappy time, China popped its head back into the markets with some shocking economic figures. With the data showing more signs of growth for the Chinese economy, is it time for the PBOC to tighten their monetary belts?

Good Tuesday forex traders! Ready to begin another day of pip-grabbing? Here’s my daily economic roundup to get y’all pumped up!

The phrase I think originally went something like this: A million here and a million there; pretty soon you are talking real money. We can only dream our government used numbers with so few digits.

Brand new week! Let’s take a look at what this week’s economic calendar offers us, shall we?

Yes indeed, a two-year peak in Japanese Government Bond futures. We think it could be time for money to start flowing out of Japanese bonds and into some relatively riskier investments inside and outside of Japan.

Risk appetite was the name of the game for the most part of the week. Would it stay for another day? Check out my daily economic roundup to find out!

Reading a post from Yves Smith on her blog nakedcapitalism, from where I took the above quotable, she cites a Financial Times article explaining the imbalances that helped set off this collective recession/financial collapse are bound to worsen.

As you probably know by now, UK’s ballooning public deficit has been the center of attention amongst traders these past few months. Let’s take a look at the recent figures and statements to see how much trouble they’re in.

Who turned the risk appetite switch on yesterday? Find out in my daily economic roundup!