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And I would say it’s a feat and good result. FXCM managed to post 36.49% up for their sentiments managed accounts for their clients for 2007,

Dear Trader:

FXCM’s Managed Accounts performed spectacularly in 2007.

We outperformed most funds in our category, with top rankings in BarclayHedge, AutumnGold, and IASG.

Sentiment Program: 36.94% gain in 2007*

Read the full post of FXCM Posted 36.49% Up for their Managed Sentiment Account in 2007

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The greenback fell across the board as US housing concerns remains a big problem and it may spread into the broader economy. The euro touched the 1.3850 resistance level versus the dollar before easing back to around 1.3820. The sterling climbed to a fresh 26-year high at 2.0652 against the dollar and then retraced back to 2.0610.

Read the full post of Greenback Fell on Housing Fears

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There is an increasing threat that speculative inflows into Sterling will not be supported by the fundamental position which would risk a very sharp Sterling correction weaker.

Sterling pushed to highs just above the 2.06 level against the dollar in early Europe on Monday before consolidating close to 2.0575 later in US trading. The UK currency strengthened to 0.6705 against the Euro as sentiment remained strong and the currency pushed stronger again in Asian trading on Tuesday with a move above the 2.06 level against the dollar.

Read the full post of Sterling Doubts Will Increase

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