http://screencast.com/t/yPf9L9rwRR4

The problem with the yen is despite what would be normal fiscal year-end repatriation, yen may continue to fall more - http://on.wsj.com/zLUojC

Thursday's New York morning session features a plethora of U.S. news reports. At 8:30 am New York time (12:30 GMT), the results of the Empire State Manufacturing Survey for March, the Producer Price Index (PPI) report for February, and the latest weekly jobless claims figures will vie for traders' attention. The results of a monthly survey of manufacturing firms in the Federal Reserve's Third District are rolled up into a single number called the Philly Fed Index, due for release at 10:00 am…

http://screencast.com/t/moe8UTreo

BUY GBP/USD @ 1.5680 SL@1.5620  TP@1.5770 CHEERS !!!!!

FOREXSTREET SL is proud to announce today the launching of Media712, its new trademark that will act as a media agency for companies wishing to advertise in Spain.…

Currently we are  @ 83.57.    We are building a rising wedge which will increasingly become bearish. We are looking to top out around the 84.00 area but we could extend to the 84.24. We are bullish currently on the cross to the 84.00. …

Top Goldman executive quits over culture of 'toxic' greed

The Telegraph

A senior Goldman Sachs executive has attacked a "toxic" and "destructive" culture at the leading investment bank that is increasingly focused on making money from clients, in an article in the New York Times.

Greg Smith,…

Hi everyone

We run a small poll yesterday in Facebook to find out what device traders were using to trade... these are the results:

The Full Release can be found here: http://ir.fxcm.com/phoenix.zhtml?c=238885&p=irol-news&nyo=0

FXCM Inc. Announces Fourth Quarter 2011 and Full Year 2011 Results

Releases February 2012 Operating Metrics

Fourth Quarter Highlights:

• 2011 fourth quarter US GAAP revenues of…

Gold and silver changed directions several times during yesterday's trading but eventually ended the day with slight shifts as gold slightly declined and silver moderately rose.  The recent FOMC meeting didn't introduce any new stimulus plans. The U.S retail sales report came…

Hello friends

Euro reject from 1.3030  support seem extend above 1.3100 with resistance first around 1.3110/20 and if bigger correction happen next around 1.3160 where we should see another round of sell orders to bring pair below 1.3000.

My recommendation is to enter…

Euro dollar continues to slide in lower range, in a downtrend channel. The Federal Reserve didn’t change its policy and upped its tone regarding employment and inflation. Bernanke will continue moving markets in a speech later in the day. In Europe, a final seal of approval is expected for Greece’s second bailout program, a few days after the PSI was done and before the deadline to…

DX- Tops heavies....

Will Support (50%) Retracement (1.2622 - 1.3485 ) Hold ?!

Good morning everyone !

As shown on the daily chart above, the pair is trading now about critical support level , 50% retracement of the rally…

Euro could not benefit from better ZEW number that indicated improved German investors confidence rising from 5.4 to 22.3 in February, highest since June 2010. The two positives of ZEW are better employment opportunity and demand in domestic market.

Instead, European currency got clobbered much before FED’s FOMC release at US opening hitting lows of 1.3051 due to WTO dispute between USA and China and Europe tilting towards USA because of China has no intention…

The United Kingdom's Office for National Statistics is scheduled to release its latest labour market statistics, including the number of people claiming Jobseeker’s Allowance (JSA) in February, at 5:30am New York time (9:30 GMT).

Volatility in the claimant count change data has lessened over the past several months, as has the response of the GBP/USD currency pair to the report:…

The Federal Open Market Committee (FOMC) is scheduled to release its latest policy decision and statement at 2:15 pm New York time today.

Federal Reserve Chairman Ben Bernanke delivered his semi-annual Humphrey-Hawkins testimony to a U.S. House Financial Services committee on February 29. Minutes after the start of that testimony, I noted the chairman's reference to an improving jobs market. Bernanke: “We have seen some positive developments in the [U.S.] labor market.”

The…