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Here is what happened on Turtle Soup the trading week ending 02/25/2011.
Who's Who in Forex: Pranab Kumar Mukherjee - India's powerful Finance Minister made it clear that India is not taking sides in the China-U.S. currency wars.
China Hammers G-20 Into Submission - China's hard bargaining forced the G-20 to water down its resolution to correct economic imbalances.
- Newsweek named Trichet the world's 5th most powerful man but he's got conspiracy theorists up in arms about his economic Global Governance stand.
FXCM To Announce Q4 Earnings - FXCM will report its 2010 Q4 earnings on March 2, 2011. You can listen in on their conference call.
MIG Bank's New Transparent Dealing Model - MIG Bank is letting its clients see MIG's liquidity providers' bids so everyone knows they're getting the best price.
IMF Reviews Praised Libya & Egypt - Did the IMF screw up when they praised Libya's and Egypt's ambitious reform agendas in a report just before the Middle East broke out in turmoil? Bad timing.
ECB Charges Politicians for Euro Problems - The ECB charged political leaders of member states with excessive spending and borrowing causing the Eurozone's current economic mess.
Stuckey Charged in $2.8 Million Forex Fraud - CFTC was busy again this week as they nabbed the Stuckey Group for yet another Forex scam.
Global Financial Crisis By Design? - John Truman Wolfe thinks the global financial crisis was carefully designed assault on the dollar. Somebody's listening - the man's got a best-selling book.
Currency War: Yuan vs. Dollar - Nouriel Roubini thinks that if four key things happen, then China's yuan could replace the dollar as the world's reserve currency.
Forex Tips From the Far East - 127 million Japanese can't be wrong. Japanese traders are so active they account for significant moves in currencies they favor.
Triple 8 Launches UFXMarkets - A new ParagonEX broker. I called them in London and they would not give me their street address. What's up with that?
This was a good week - made a little money, met some new friends, and finished some badly needed changes on ForexTurtle. Hope to see you again next week.