Market News

My reaction to the Mr. Geithner’s comment about a strong dollar is the typical reaction I bet; there is good reason. That’s because for about seven or eight years we have been told by Treasury Secretaries present and past that a strong dollar is good for America.

After all this wand waving by the ECB, will we finally see some magic when the euro zone third quarter GDP reading comes out this Friday?

After the ranging we’ve seen the past couple of days, could we see more movement today as traders come back from their mid week holiday?

For several years now most analysts have understood the way in which China reports their economic data. China says what its people, and often times the rest of the world, need to hear.

Good day forex peeps! Most of the majors spent yesterday trading in a mixed fashion. Will we see a similar price action today? Or will volatility start to pick up? See what’s up on our daily economic roundup!

I spoke at a conference yesterday. It shall remain nameless in order to protect the guilty. What was most funny/incredible/nutty is a belief by said conference chief the US dollar, and in fact all paper currencies, will disappear within 10-years.

Major currencies staged strong rallies against the greenback as last week’s G20 summit in Scotland came to a close. Time to don the kilt and sound the bagpipes, aye lads?

Dollar weakness was the name of the game yesterday and most major currencies scrambled to take advantage. Will the greenback continue to lose or will the tables be turned?

We all know that’s the bet gold bugs are throwing their chips on. And hey: why not? If the market is stopping at the early rungs on the logic ladder then that’s how we can expect prices will behave, for now.

The NFP report caused a lot of noise in Friday’s trading, but it seems like traders were all singing a different tune, as trading results were mixed. What could be in store for us this week?

We recently warned of the potential for changing correlations, no sooner was the ink dry than we noticed a a big one concerning gold and the US dollar index…

Ah, it’s NFP day and we all know what that means: Fireworks! Prepare yourselves men and women of the forex world as this could be the day we find out whether risk appetite is here to stay! Now on to my roundup…

Here we are, approaching another cold November. With another Jobs Jubilee around the corner, will we have something to be thankful for? Or will we get a late Halloween scare?

The FOMC did nothing yesterday, as expected. The markets were crazy early on … and then again following the meeting. (A whole lot of jockeying, as Jack likes to say.)

Good day forex peeps! We could be up for another round of volatility today given the interest rate decision of the BOE and ECB. Keep your guards up and trade wisely! Good luck!

I recently downloaded Caesar’s Confessions on to my I-pod so I could listen while doing my strenuous exercise, which consists of a walk around the neighborhood once the US session is finished.

Whew! Coming up with this daily economic roundup for Forex Gump was tougher than I thought. Trading seemed mixed yesterday… What the buck is going on?!

What’s the scoop on the UK? Talk of BOE Governor Mervyn King and his merry men possibly expanding their easing program later this week ain’t so hush-hush anymore. Is this all just hearsay or will we see more spilled tea?

The profit-taking may have already begun after seeing the US dollar muster up strength here and there over the last couple days. But either way, RBA governor Glenn Stevens and his boys are seeing that the profit taking lasts a little bit longer.

Hey fellas! If you haven’t noticed, Forex Gump has been quite busy with all the daily roundups and the Piponomics articles. From now on, I’ll be the one making sure that you guys get your daily dose of economic news!