Harsh post but on the money (for the most part).

GFT exits U.S. retail foreign exchange business

It's not about retail customers becoming wiser, there are far too many brokers, some of whom set up on a bar stool in Cyprus, chasing an evaporating pool of clients. The NFA rules killed a lot of business and IMHO the UK and EU will follow suit and ...

GFT exits U.S. retail foreign exchange business

Press releases explain the decision in more detail GFT has made the difficult business decision to cease supporting U.S. retail forex trading; rather, we are focusing on our institutional relationships which exist in the U.S and globally. As part of ...

GFT exits U.S. retail foreign exchange business

Even after allowing for translation, having read his last few posts I'm thinking there's a lot more going on 'in that space between his ears' than base line intelligence.

A Traders #1 JOB is…

They'll (The Swiss) certainly want to continue supporting their export and production figures published this morning

Fresh rumor of negative interest rates on CHF deposits

Dunno, I think it's "safest" as you term it to stay with the simple one long trade that many will have entered as the trend changed on or around the 18-19 Nov.

Merkel Signals Greek Write-Off Possible as Buyback Begins

If only I'd have done economics with you At Buckfast College in Edinburgh then probably I'd have enjoyed the incredible gilded career in finance that you've enjoyed. Still, I'll get a wage this month, a year end bonus and the company equity scheme ...

A Traders #1 JOB is…

Now you mention it chaos and you kinda fit.

A Traders #1 JOB is…

With tptb focused on globalisation it's inevitable that in the USA and Europe we find an equilibrium with the BRICS wages over the next two decades. The BRICS wage level will rise as ours fall and perhaps a 20-30% reduction (in real terms) isn't too ...

Next Up For A "Recovering" Europe: A 30-50% Collapse In Wages In Spain, Italy And......

Who holds them now and at what point do you think 'the markets' realised there was another tipping point on the new event horizon? At what point did 'they' have a; "FFS, we can't charge them that, they'll never pay it back!" moment of clarity? 8%, ...

Greece announces offer to buy back govt bonds

Unlikely based on this single piece of data, but it is good news, albeit temporary given the seasonal factors.

UK manufacturing downturn eases in November

Good article that IMHO, despite not adding anything new to the debate it's quality nevertheless

3 Numbers To Watch: US, French, and German Manufacturing Data

I was looking at a projection for the UK debt V GDP over the weekend wondering if it will eventually join the inglorious PIIGS by 2014, first France has to find a way into that club, what d'ya think?

Spanish Manufacturing output continues to fall, albeit at reduced rate

The bailouts, re-structuring and rescues for Greece have been to rescue the banks and hedge funds not the country, or its people. It was inevitable that if you charge the eye popping interest rates Greece is on the hook for then at some stage the ...

Greece announces offer to buy back govt bonds

Could you put more meat on the bone wrt to how these "five or six heavy players" manage to manipulate the FX market, could you also expand on your belief that they "provide all the FX liquidity"? Fascinating stuff :-)

A Traders #1 JOB is…

But where's the trade bitchez, do we short gold?? /sarc on

Dolce and Gabbana Are in Some Serious Trouble for Alleged Tax Evasion

Wow, just wow...

A Traders #1 JOB is…

Quite a confession

A Traders #1 JOB is…

Can't say you didn't warn me ;-)

A Traders #1 JOB is…