| 16 Nov 2007 |
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Forex Winners in 2008 To Be Outlined By FXCM Experts at Abu Dhabi Expo
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New York - On November 27-28, two specialists from FXCM, the Wall Street currency trader, will address the 2nd Middle East Forex Trading Expo and Conference:
· Boris Schlossberg, Senior Currency Analyst
· Amro Abdu, Vice President, Middle East Institutional Sales Division
The two-day conference, held at the Beach Rotana Hotel in Abu Dhabi, UAE, will feature more than a dozen currency trading experts from the Middle East, Europe and the US.
Boris Schlossberg, one of the best-known currency analysts in the US and a frequent commentator for Reuters, Bloomberg and CNBC, will address the Expo on both days.
At noon on Tuesday, November 27, he will unveil "Secrets of Currency Trading." Schlossberg will provide an insider's view of the currency market, and the timing and trading strategies that work for the experts.
At 10:30 on Wednesday Schlossberg will examine "Trading Opportunities in 2008."
"Next year offers tremendous forex market risks and opportunities," said Schlossberg, "because we will find out if the dollar continues to collapse, affecting every other economy and currency valuation."
"Fifty percent of America's gross domestic product is real estate-related. If the mortgage resets plus the high price of oil and other commodities continue to weigh on US consumer demand, the possibility of a US recession increases. If, on the other hand, the devalued dollar stimulates US exports, and global demand remain strong, the US economy should regain balance."
"Ultimately, everything will depend on US job growth," said Schlossberg. "As long as the US consumer has income to service his debts, the danger of a US recession is minimal."
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Editors Notes
FXCM and its affiliates assume no responsibility for errors, inaccuracies or omissions in these materials. They do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FXCM and its affiliates shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. This email is not a solicitation to buy or sell currency. All information contained in this e-mail is strictly confidential and is only intended for use by the recipient. All e-mail sent to or from this address will be received by the FXCM corporate e-mail system and is subject to archival and review by someone other than the recipient.
Boris Schlossberg serves as Senior Currency Strategist with Forex Capital Markets LLC (FXCM). He is a frequent contributor to SFO magazine, co-writer for the FX section of Investopedia.com, and coeditor of the BKForexAdvisor newsletter. Mr. Schlossberg is a regular speaker at trading conferences and commentator for CBS MarketWatch, Reuters, Bloomberg, and CNBC. Boris has been an independent trader since 1999, trading a variety of instruments including stocks, options, futures, and currencies. Mr. Schlossberg is also author of Technical Analysis of the Currency Market, and co-author of Millionaire Traders: How Regular People Are Beating Wall Street At Its Own Game.
Amro Abdu is FXCM's Vice President of Middle East Institutional Sales Division and a registered member of both the National Futures Association and the Market Technicians Association. His long trading experience include stocks, commodities, and forex.
FXCM Facts
Forex Capital Markets LLC is one the Largest Forex Dealer Members*
More than 100,000 live accounts trade on FXCM trading platforms
Over $200 billion in notional volume is traded each month on FXCM trading platforms.
FXCM provides customer support with native speakers in more than a dozen languages in 6 offices around the world
Registered with the CFTC as a Futures Commission Merchant, FXCM (Forex Capital Markets LLC) has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.
*In September 2006, FXCM held in excess of $215 million in customer funds out of a total of over $770 million held by Forex Dealer Members. While there are approximately 31 active Forex Dealer Members with liabilities to customers of approximately $795 million, FXCM holds approximately 1 out of every 3 dollars of customer funds held by Forex Dealer Members.
Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
jsales@fxcm.com
For more information, please contact:
Amro Abdu
Dubai
Tel: +97150-2944-741
Jaclyn Sales
Media Relations
Tel: (646) 432-2463
Email: jsales@fxcm.com
Website: www.fxcmarabic.com
© Press Release 2007
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