This Week On Turtle Soup

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Here is what happened on Turtle Soup the trading week ending 02/25/2011.

Sunday, February 20, 2011Who'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.

 

Monday, February 21, 2011 - 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.

 

Tuesday, February 22, 2011MIG 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.

 

Wednesday, February 23, 2011IMF 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.

 

Thursday, February 24, 2011Currency 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.

 

Friday, February 25, 2011Triple 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.

 
   Forexturtleon

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