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World Cup and Forex Exchange Market

Daytrader21 Posted 5 July  in #Trader's blog #Liquidity #Brazilian Real #Goldman Sachs #Fifa World Cup #Forex Exchange Market #Emerging Countries
I'm quite surprised that no one has write about the correlation between FIFA World Cup and the Forex Exchange Market as it's the biggest sport event of the year. Usually the host countries benefit most not only by the infrastructure investment in the years prior to the tournament, but also by the inflow in The Brazilian real, which is the Brasil national currency.
You have to convert your local currency to Brazilian Real in order to pay for the goods and services if you visit Brasil for the Worl…
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SILVER: +100 USD this year?

Berkeley Posted 26 Feb.  in #Trader's blog #Gold #Silver #Goldman Sachs #Royal Bank Of Canada #Credit Suisse #Jim Sinclair
Silver is back - and indeed impressive! The resistance at $ 20.50 was cleared with ease out of the way. The move sideways is history. The precious metal sets off to catch up to its big brother GOLD.
Gold expert Jim Sinclair has recently voiced in Texas on the prospects of the two precious metals: "... quite good chances for a sustainable rally. Silver is the gold on steroids ," he says. In his view, silver can still reach USD 50.00 this year - if not USD 100.00.
Massive silver pur…
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3 Comments
Convallium avatar
Convallium 26 Feb.

thank you) it is a pity that I haven't opportunity give you like(

Convallium avatar
Convallium 26 Feb.

dukascopy not allowed me(

jezz avatar
jezz 26 Feb.

You should open the post (reading it is also a plus) to give the like properly. Good for silver, my favorite jewelry asset :P

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Real evidence that Goldman Sachs runs the world central banks

annatimone Posted 12 Oct.  in #Miss Dukascopy 2013 #Woman #Goldman Sachs #Federal Reserve Bank Of New York #Employee #Central Bank
There are far too many former Goldman Sachs employees in the central banking and public policy world, a fact that’s long been a punchline in markets. Until now, there has never been any evidence they manipulated institutions in Goldman’s favor.
We only have one side for now but this story should spark a serious probe:
A former employee has sued the Federal Reserve Bank of New York, saying she was wrongfully terminated because she refused to change the results of her investigation into the bankin…
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Singapore tycoon sues Goldman Sachs over his currency trading losses

annatimone Posted 23 Sep.  in #Miss Dukascopy 2013 #Trading #Goldman Sachs #Singapore #Currency Loses
Singapore tycoon Oei Hong Leong is suing Goldman Sachs International over losses he made trading currencies.
He claims claimed Goldman Sachs International misled him into making currency trades that ended up costing him more than ¥3 billion (SGD 38 million)
  • The trades were in yen against the Brazilian real
  • Instigated a short yen / long real on May 15
  • By June 13 he’d met 6 margin calls to top us his account
  • Closed out of the trades in June 17 with the loss
Mr. Oei’s court document said he had relied …
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CriticalSection 24 Sep.

Only 6 MCs? Brazilian Real anchored to the USD? o.O oh my...
I guess 'Due Diligence' and 'Managed Risk' are the names of hits on the Sony Playstation :/
Schmuck client with spare 38 million singaporean bucks and no independent financial counsel creating bumper bonuses for old Lloyd meanwhile giving regulators ammo with which to tighten more screws.
Litigation proceedings should be interesting.

Good post!

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