Global Forex Trading

UWeb Site URL: http://www.gftforex.com/
Categories: Finance, RSS Feed
Site Posted by Robert K. Foster on Sunday, November 11, 2007

One of the major Forex brokers available to individual investors.

“Global Forex Trading (GFT), Division of Global Futures & Forex, Ltd., was founded in 1997 by Gary L. Tilkin. GFT was created to address the increasing number of foreign currency trading demands Tilkin’s clients had in the futures and spot forex markets. Tilkin also formed GFT to bring integrity in products and improved customer service to forex customers, an emerging market for individual speculation.“

“Serving customers in 100 countries worldwide, GFT also works with referring parties that introduce new traders to GFT and its services. GFT also offers private “white labeling” of its software for companies who are looking to build their own brand in the market. The key to GFT’s popularity with independent affiliates is its ability to deliver reliable, competitive currency pricing and quality in its products and services.“

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GFTforex.com - Weekly Forex Trading Commentary

Global Forex Trading
( This RSS Feed: http://www.gftforex.com/rss/weekly.asp )

• Weekly Forex Market Commentary

  Mon, 27 Oct 2008 08:00:00 GMT
  

  The excesses of this unfinished decade are being rectified aggressively, and the pendulum is swinging hard from high-flying over-leveraged free for all trading to the other pole. The VIX has soared to record highs while rumors fuel panic.  The high volatility permeated the FX markets as well, but not the panic of a bleak future that affects stocks. As the US financial system is shrinking, the need for dollars remains high, and this demand reversed a long-term downtrend for the US currency.  Our economy might be in a shambles and the carry-trade dead, but the dollar, ironically, should remain strong. Enjoy it, with extreme care!

• Weekly Forex Market Commentary

  Mon, 20 Oct 2008 08:00:00 GMT
  

  The financial crisis has only started and the wild gyrations in the stock markets may provide better levels to liquidate stocks. Hedge funds and pensions funds will probably face further distress. The outlook is extremely grim. But we focus on currencies, and this is and will remain the island of profitability for months and probably longer. The dollar should remain strong in the medium to long term, especially versus the European and the commodity currencies. But this week, the US currency could see some consolidation with a bearish tone.     

• Weekly Forex Market Commentary

  Mon, 13 Oct 2008 08:00:00 GMT
  

  The crisis affecting the financial markets, especially in the US, is unprecedented. The house of cards built over many years on unreasonably cheep money, financial fraud, power abuse and lack of competent regulation has been blown away. The force of gravity always works, even if it takes longer than normal to assert itself. Those responsible for this historical disaster will remain largely unpunished and most of them will actually be rewarded. And so it goes. With the appetite for risk annihilated, the European and the commodity currencies were sold in panic against the Japanese yen. Barin

• Weekly Forex Market Commentary

  Mon, 6 Oct 2008 08:00:00 GMT
  

  The demand for funding out of Europe and ongoing liquidation of yen crosses pushed the dollar sharply higher versus the European currencies last week.  While profit taking should be seen this week, the outlook for the currency remains strong. The risk to it is the equity markets, which have fallen sharply and should sink further, despite the no short-selling rule for financial stocks.

• Weekly Forex Market Commentary

  Mon, 29 Sep 2008 08:00:00 GMT
  

  With the US financial world topsy turvy and with its jewels up for sale at fire prices all eyes on Monday will be on the US Congress and its political games in ratifying the Treasury's Troubled Asset Relief Program (TARP). This is not the time for games and details are very important. The money market is broken and on this milieu, currencies took a back seat to other asset classes. The dollar is lacking much direction, but given the illiquid trading conditions and the ratification of the TARP, its bias is up.

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• US Dollar Mixed in Forex Trading

  Tue, 07 Feb 2012 10:11:55 -0500
  Greek news, economy sends mixed signals to greenback

  The US dollar is mixed in forex trading on the currency market today as an interesting situation arises. On one hand, Greek officials are trying to make it clear that they are attempting to meet austerity goals.

  However, the country may not be able to meet the targets, and that could put the eurozone at risk. Right now, the US dollar is mixed as financial markets wait for direction. Euro is higher against the dollar on the expectation that a Greek debt will get done. The pound is lower against the dollar as equities fall on jitters about Greece.

  For the most part, there hasn't been a lot of movement on the currency market. Most currency pairs are rangebound right now. Bigger movements are expected after an announcement about Greece is made. 

  See Also

  • US Dollar in Forex Trading
    Currency market news and information

• Aussie Reaches Support in Forex Trading

  Tue, 07 Feb 2012 09:44:51 -0500
  Currency trading with the Australian dollar

  The Aussie has found a support level in forex trading against the US dollar today. Aussie is a little bit higher today, thanks to the latest news out of Australian. The RBA has decided to keep its interest rate at 4.25% -- even though the forex market had already priced in a cut.

  Recent economic data is supporting the Australian dollar, and that is helping matters Down Under. However, Aussie's gains have been limited by the fact that there is a great deal of uncertainty over Greece right now.

  Forex traders are waiting for news that Greece is prepared to accept austerity measures in order to receive a bailout. As long as Greece accepts these measures, then it should be possible for risk appetite to return. However, there is just enough doubt that risk currencies are unable to rally. For now, most currency pairs are rangebound. 

  See Also

  • Economic News and the Aussie in Forex Trading
    Currency trading news

• US Dollar Gains on Currency Trading

  Mon, 06 Feb 2012 11:07:07 -0500
  High beta currencies lower in forex trading

  US dollar is gaining in currency trading right now, thanks to worries about what's next for the eurozone. Confidence in the euro is being shaken a bit by the fact that Greek debt talks have been put off -- again.

  Risk aversion is high, and that means that many forex traders are looking for safe haven. The US dollar has been serving as a safe haven, since it is backed by what many consider to be the most stable taxpayer base in the world.

  High beta currencies are pulling back against the US dollar for now, with the euro, pound and loonie all lower. High beta currencies are not in demand right now as forex traders look for safety, rather than yields.

  See Also

  • US Dollar in Currency Trading
    Forex trading news

• Could the Euro Forex Trading Forecast be Ready for Another Rally?

  Mon, 06 Feb 2012 10:54:32 -0500
  Euro in forex trading

  Lately, the euro forex trading forecast has been fairly choppy. And, today the euro is lower in forex trading on the currency market. However, if Greece figured out, a euro rally could be the result.

  Right now, euro is down on the news that talks regarding a Greek bailout deal have been suspended. While the Greek Prime Minister insists that some progress has been made over the weekend, there are still issues that need to be hammered out, and that is providing some concern for many.

  Even though risk aversion is high right now, though, there are hopes for the future. If the eurozone can hammer out its problems, then there is a good chance for a significant euro rally in the future. 

  See Also

  • Euro Forex Trading Forecast
    Eurozone trends

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