Forex rebates on every trade - win or lose!

jambes Bon apr-midi

infinitty et au-del

Le seul moyen est en hausse!

La vie est un ascenseur

Pound forecast to tumble on insane spending cuts

Worth reading the comments that follow that article!

According to Big Investment bank, FX Could be a $10trln Daily Market
Written by Peter Anderson
October 28, 2010 at 08:57 GMT

A large European IB has just put out a piece that says foreign exchange turnover is set to reach $10trln a day by 2020, up from $4trln in 2010. They say this implies trading will grow by 10% a year as it has done so since 2001. The IB says central banks trying to influence exchange rates through intervention will need to act forcefully.I tend to agree.

Come on hils - pay the bill! :-)

Do you mean the "No chart data available" thingie, Skinners?

Hils yes :-) looks like its been renewed anyway!

Oh, what a pain!!

The Whois shows their domain expired a couple of days ago.

http://whois.domaintools.com/fxserver.com

Its already been renewed and should reactivate within 72 hours!

What year is it?

:o)

comment verte est ma vall

I would've thought that's a question for Dilbert, Skinners.

Hils :-) - Cast your rule over HICL and see what you think. Another boring yielder - ex on the 17th. I'm short @5838 btw.

Break it up, children!

That's a great article Hils. So the Euro is stuffed. I think you said it first :-)

SC: The Euro was always stuffed - it was stuffed before it started. The rest of them should have got the message about a single currency in 1992 when the UK fell out of the ERM. The Pound and the DM couldn't be held in a narrow exchange band - what hope did Club Med ever have of converging their economies with Germany?

That exercise (the GBP/DM ERM thing) also gave the lie to the Euro itself - we were adopting the DM, renamed Euro.

What is going to be painful is to watch how many tens of Billions of whatever are going to be used to prop this moribund edifice up. They will bash on regardless, because collapse of the Euro could doom to the whole abominable European Project - and we couldn't have that, could we?

ttt