Market News

There has been a lot of fuss regarding the new regulations implemented by the National Futures Association (NFA). What did my forex recon turn up?

Excess Reserves on Bank Balance Sheets…this chart is almost comical in its appearance. Thus, no surprise lending to the real economy has declined this year as financial markets soared…but still hard to fathom given the weight of all that money…

Last week’s price action was probably one of the best example on how sentiment can shift on a dime. We’ve got a heavy economic calendar this week, so don’t forget to check my daily economic roundup to know what’s coming up next!

Early this month, the NZDUSD continued its steady climb, hitting yet another yearly high. However, the Kiwi has given up all of its October gains the past three days -what gives?

We are quite happy to see the IMF upgraded Asian growth. We were pleasantly surprised with the better than expected GDP report yesterday. We are looking forward to eating belling busting barrels of candy tomorrow.

Happy Halloween! Will we get another treat from today’s action? Before you change into your costumes.. first, see what’s up in our daily economic roundup!

Happy Halloween! Will we get another treat from today’s action? Before you change into your costumes.. first, see what’s up in our daily economic roundup!

In Florida we have two seasons: summer and not-summer. And even though the leaves don’t really change colors, the ocean temperature hasn’t budged and we still need our central air conditioners as we inch toward November, we think we can still feel a change happening.

The release of the US third quarter GDP could cause quite a commotion during today’s US session. Aside from that, what other economic reports could rock the markets this day?

McGee reduced the price for a beer this month to 3.50 euros ($5.18) at his hostelries after the pound’s 12 percent drop against the euro in the past year led customers from the U.K. province of Northern Ireland to stay home.

The dollar is gaining steam, as it generally finished higher against other majors in yesterdays trading! Is dollar buying here to stay?

The greenback takes center stage this week as traders eagerly await the release of the US third quarter GDP. Would it follow the footsteps of the Aussie and the Kiwi in enjoying positive economic growth? Or would it suffer the same fate as the pound after the UK printed a negative GDP reading?

Would you think I was crazy if I said I am 100% certain the value of the Eurozone economy would eventually fall to zero?

Despite the light economic calendar, the USD managed to gain significant ground against most major currencies yesterday. Another chance for investors to sell the USD at more expensive levels? Perhaps!

I am a little hazy this morning after a long flight back to south Florida last night from a trip to Vancouver this weekend. But it was worth it.

This week will be action-packed once again with the release of several top notch economic updates. See what’s up on our daily economic round up!

There’s a very good and little‐known movie starring Anthony Hopkins. The title: World’s Fastest Indian. It’s about a New Zealand man who made it his life’s goal to break the land speed record on his motorcycle. It’s been called a “feel‐good” story.

It’s the last day of the week, my fellow forex traders! Time to lock in those profits, yes? Before you do, make sure you check out today’s economic roundup!

You can look at crude oil lately; or you can look at the Reuters-Jefferies CRB Index. Either way you’re probably going to come away with the idea that commodity prices have been rising.

RBA interest rate hike? Check! RBNZ to raise rates? Probably. Bank of Canada rate hike? Not a chance…. Well, not in the near future at least. How come the Loonie seems to be trailing behind its com-doll buddies in raising interest rates?