EUR

mr shraf said that euro cn go to 1.3265

euro could fall toward 200MM, so buy on the dip

if this sh @3382 gets below 3266 have to add more muscle..otherwise at sticky
price level now..and usd/chf workin north..approaching same resist..mho

a Broker

FXCM is shifting US accounts back home
by Michael Greenberg at Forex Magnates
Following the pretty much unclear situation concerning US overseas accounts with the CFTC new rules FXCM has decided to mandatory shift all US account from its foreign subsidiaries back to the US. Im sure all US brokers will follow this shortly but for some its going to be a financial disaster as they only opened subsidiaries in the UK to avoid NFA rules, and now they need to transfer all accounts back.
However, its a very good day for offshore brokers, no doubt. Im sure many US clients will refuse this transfer back to the US because there are reasons why they opened accounts overseas in the first place: there are no FIFO and low leverage rules there. In this case, some clients will just open new accounts with non-US based brokers and others will simply stop trading forex.

djellal , im in toronto , gaynada
mgforex , the best fx broker , shut down its retail ops week ago