phFactor

Slow but Graceful Recovery ?

Long
NYSE:FXCM   None
It appears that since the investor relations conference call that generated a positive spike in March, confidence is slowly returning as the FOREX giant recovers from it's unexpected losses in response to the Swiss Franc debacle. Given the longevity of current market forces, it may be able to return to near last years operating levels by the end of this year.
As a side note, the dire predictions of falling to 45 to 47c seem to have been based more on emotion than fiscal reality.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.