Market News

Yowza! When the smoke cleared from all the fireworks caused by the NFP report last Friday, the dollar came out on top! Is this a dollar rally in the making?

Price action was mixed as the US dollar was unable to sustain its rally yesterday. Would the majors be able to take a more definitive direction today? Read my roundup to find out!

I spoke to my father-in-law this weekend; he called to tell me he is digging through his walls now to see exactly how much inventory of gold he has on hand; his yard sale may begin soon if we see a couple more days like last Friday.

Extra! Extra! Read all about it! Inverse correlation between equities and dollar value breaks! Here to stay? Or simply a major fluke?

“Houston this morning broke a record with the earliest snowfall ever recorded in the city’s history,” the Houston Chronicle reported.

We saw a lot of mixed results in yesterday’s trading session. Could traders and investors be preparing themselves ahead of the NFP report due tonight?

A second look at third-quarter GDP today showed the countries that collectively make up the Eurozone escaped that dastardly negative growth thing. Or maybe it’s more accurate to say they collectively escaped recession. Yeah?

Switzerland might be behind the pack in terms of economic releases but it refuses to get left behind by its fellow European buddies in terms of exiting the recession!

Yesterday’s price action was relatively light. Today, however, could be different with the release of several tier 1 reports. See what’s on tap on our daily economic roundup!

Gold may be telling us a story. That story likely goes far beyond the run of the mill US dollar weakness we hear daily; otherwise the US dollar based on pure correlation would be well into all-time new low territory and free fall (not to suggest it can’t get there still).

Dubai’s debt problem? That’s old news! Traders seem to have gotten over their recovery woes as risk tolerance came back into play yesterday. Find out what could happen today!

Thank goodness the Dubai default fiasco is finally behind us. A couple days of global market chaos is enough. Now we can go back to our normal routines – buying dips and selling dollars.

It’s that time of the month again for the ECB! Just in case you’re getting the wrong idea, I’m talking about the bank’s upcoming interest rate statement. Now, we all know how rate decisions can be a big deal in the forex world…

My, how time passes by – it’s December already! Make sure you start your month off right by taking a look at today’s roundup!

Good day to you all! How was your long weekend? I hope you’re ready to bag some pips again. Today, we have a couple of medium tier reports on tap. See what’s up on our daily economic roundup!

Gosh, it was looking so good. All those buildings, fancy shaped islands, money, and oil wealth. Who would’ve thunk it? Well, not the credit analysts, we know that now.

It looks like USD bears were too full from their Thanksgiving meals and decided to hibernate! Can the USD sustain its gains from yesterday, or will it be yet another Black Friday?

Yowza! Looks like dollar bears have a lot to be thankful for today – they got their Christmas wishes early as it appears the Fed isn’t doing anything to keep the dollar afloat!

Happy Thanksgiving everyone! Which of the major currencies would have a lot to be thankful for today? Check out my economic roundup!

Say what? Is that a misprint? Is it parallel universe time? Mr. Einstein, please call your office!