Market News

Man, if she keeps this up, Mr. Sarkozy is in danger of losing his top spot as the Eurozone leader most prone to bouts of hyperbole.

Come 11:50 pm GMT tomorrow, Japan will release the preliminary results of their first quarter GDP report. Given the positive expectations on the report, would we see the yen rally across the board again?

After taking a breather, the dollars bulls were right back at it yesterday, stomping their way across the currency markets. Read all about it in today’s economic roundup!

Latvia: they were a big deal about a year ago, and maybe even before that, when the lending practices among Eurozone banks, EU countries and CEE countries posed a huge risk to growth across the region.

Remember a while back, when I pointed out that things were looking bright for the Australian economy, causing the Reserve Bank of Australia to become more hawkish? Well, it looks like the bullish sentiment towards the Aussie is now finally coming to an end!

Before heading out to trade, go on and look through the good ol’ Pipnoculars for a preview on what’s coming up on today’s economic calendar!

With consumers pulling out their spanking new hundred dollar bills and becoming more confident, I can’t help but wonder: Would the consumer sector stay strong? Or would it crumble under pressure?

Higher-yielding currencies ended on a sour note last week as the safe-haven greenback continued to dominate. Is risk aversion here to stay? Read up on my roundup!

I have two dogs; a very big Rottweiler (for protection from Chi-Coms when I pen pieces like this) and a mutt. Usually they sit here in the office each day, just hanging out watching the market with me. They always seem to agree with my assessments–another reason I love them so.

Risk aversion is still weighing heavily on the markets, which has left the dollar on top. With it being a Friday, could we see some profit taking take place?

Japan is trying to make credit easy but it likely won’t have the intended effect. What’s new? But what about credit in the rest of the world? Can we garner any investment clues? United States – Recovering after the worst decline in the last thirty years?

Before I jump into the nitty-gritty of what has been happening recently, let me give you a brief history lesson about dollar and gold prices. It won’t be boring, I promise! Read on, folks!

For the second day in a row yesterday, price action was peaceful. Could we be in line for some breakouts soon? Remember, the longer pairs consolidated, the bigger the boom once they breakout! Be careful out there!

And to give you an insight into how my scary mind thinks about this stuff, I have created the following chart in an attempt to link these events in some convoluted way to suggest that just maybe a comdol (that’s fancy FX-trader talk for commodity dollars) bloodbath is in the making.

The UK elections have come to an end and it looks like we’ve got a new Prime Minister in town, but no majority party presiding over Parliament! The scuttlebutt on Downing Street, however, is that we could see some alliances in the making…

Ho hum… Unlike the turbulent price action we saw each day last week, yesterday’s movement was relatively peaceful. Was that just the calm before the storm? Better read up on today’s economic weather forecast!

Now that global central banks are off the one-size-fits-all monetary policy, it’s starting to get exciting.

Desperate times call for desperate measures, so they say. The seriousness of the Greek debt crisis has now forced EU troops to usealmost every weapon in their arsenal… Would this be enough to protect them from a full-blown debt crisis or would it leave them more vulnerable?

Despite the EU/ IMF bailout, it seems that risk aversion is still weighing heavily on the currency markets as we got mixed results in yesterdays trading session. What could we be in store for this week?

Party time! Excellent! Impressive! European leaders do know how to spike a punchbowl; that’s for sure.