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Now that The Fed is (however briefly) out of the money-printing business, it appears to have turned its attention to the rest of the world's "despicable monetary policy" actions and fired what seems to be the first warning shot of 'currency wars

Two regional Federal Reserve banks have taken steps to replace their hawkish presidents, Charles Plosser and Richard Fisher, whose departures early next year could change the tenor of debate within the U.S. central bank's policy-setting committee

The Fed was hawkish and the effect is felt many hours after the big announcement. For EUR/USD it meant a big breakdown. Can it continue lower? The team at Nomura lays out the strategy: Nomura is out with a note discussing some thoughts on the signal

European policy makers have been their own worst enemy in the fight to avoid recession and deflation. Swedish central bankers’ decision today to cut the benchmark interest rate to zero was the latest evidence that moving too fast to remove emergency

Research by LeapRate has unearthed a bogus website which illegally uses FXCM’s name in order to boast unrealistically high returns. Imitation, it is often supposed, is the finest form of flattery… This adage is dependent on who is doing the

This may not be the perfect time for long positions on the US dollar, says the team at BNP Paribas, even if the medium term outlook is positive. However, this doesn’t mean they are bullish on the euro, not even in the near term. Here is their view

We have a very serious problem with Hillary. I was asked years ago to review Hillary’s Commodity Trading to explain what went on. Effectively, they did trades and simply put winners in her account and the losers in her lawyer’s. This way she gets

Fears of German recession are not the only reason behind lower forecasts for EUR/USD. The team at Goldman Sachs lists several reasons why euro/dollar should further fall and update their 3, 6 and 12 month forecasts to the downside. Here is their

EUR/USD has managed to bounce from 1.25 but can it continue recovering or is it just a correction before the a bigger fall? The team at JP Morgan sides with the latter view stating that the recoveries are for sales and provide explanations and

Several global banks have begun charging large customers to deposit their money in euros, a rare move that could have costly implications for investors and companies that do business on the Continent. The actions are driven by policies from the

Janet Yellen thrust the Federal Reserve into the debate on inequality in America, deploring what she said were the biggest increases in disparities of wealth and incomes since the 19th century. “The past few decades of widening inequality can be

Today, Nomura cuts again its Q4 target for EUR/USD from 1.27 to 1.24. For 2015, Nomura forecast are unchanged continuing to target 1.20 by Q2 2015. Nomura highlights six specific pieces of negative news, which all point to further downside for

Being rich is getting expensive. Just ask Sam Wyly and Anne Dias Griffin. Court filings related to different cases involving Wyly and Griffin offer a rare look into the real spending habits of billionaire families. While all billionaires are

1.“We just get richer and richer.” In 2013, the wealth of the world’s billionaires reached a record high — helped by 200 newcomers like Facebook founder Mark Zuckerberg. The 2013 Forbes Billionaires List names 1,426 billionaires with an aggregate net

This state of delusion would be amusing if it wasn't so tragic. The stock market's wild swings of sentiment have got me thinking that it's living on reds, vitamin C and cocaine -- that famous line from the Grateful Dead song Truckin'. I've marked up

Where are currencies headed next? Where will they be in one month and where will currency pairs trade in three months? Stability isn’t on the cards for quite a few pairs. The following are BNP Paribas’ latest forecasts (end of period) for major

For the American and British economies it has been a long road out of the woods, but the journey is nearing its end. America's unemployment rate fell below 6% in September. Britain's economy, where output was up 3.2% in the year to June, is growing

One would think that after last week's market rout, the worst in years, that Goldman clients would have just one question: why just a month after you, chief Goldman strategist David Kostin said to " Buy Stocks Because Hedge Funds Suck; Also Chase

It's no secret that the world is rapidly changing. "Twenty years ago, there were fewer than 3 million people with Internet access; now there are nearly 2.5 billion. Mice can grow human ears. Robots make cars. Guns can be manufactured with a 3-D