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.“

Web Site RSS Feeds List:
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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.

Global Forex Blog | GFT Forex

Recent Posts
( This RSS Feed: http://forex.gftforex.com/public/rss/119250 )

• Boris Schlossberg on Trading Block

  Fri, 12 Mar 2010 10:43:25 -0500
  A pre-market check on energy, currency and equity markets, with Peter Beutel, of Cameron Hanover; Ben Lichtenstein, of TradersAudio; and Boris Schlossberg, of GFT Forex.

• Sterling Strengthens in Currency Trading

  Fri, 12 Mar 2010 09:29:14 -0500
  Pound heads higher in forex trading

  The sterling is strengthening in currency trading on the FX market today. Indeed, the pound is heading higher in forex trading as risk appetite makes an appearance.

  The pound has moved through the 1.51 level, and is looking for support on the FX market. Help is coming from the fact that the euro is higher in forex trading, and U.S. retail sales are showing improvement. These are leading forex traders are looking for higher returns as they gain a little confidence.

  There are still concerns about U.K. debt, but worries about sovereign debt in general are subsiding a bit since concerns over Greece are abating.
  

  See Also

  • Economic Data and Forex Trading
    Currency trading on the FX market

• Euro Gains in Forex Trading

  Fri, 12 Mar 2010 09:24:04 -0500
  Boost comes from sovereign debt fear abatement, U.S. retail sales

  The euro is heading higher in forex trading on the currency market today as things improve in terms of global economic data. Helping the euro right now is the fact that U.S. retail sales showed improvement in February. This has many speculating that the U.S. really is on the road to recovery, and risk appetite is returning.

  Also helping the euro is the fact that the euro zone nations are putting together plans to help prevent another sovereign debt debacle like Greece. And concerns about the Greek financial contagion are abating. GFT's Boris Schlossberg reports in FX360 on events in the euro zone:

  Euro continued its short covering rally into the weekend, clearing the key 1.3740 level after several European officials lent their support to the creation of a European Monetary Fund that would be able to deal more effectively with future funding crises of its member nations.

  See Also

  • Euro in Forex Trading
    Forex trading on the currency market

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