PRLog - Oct. 11, 2012 - SAN JOSE, Costa Rica -- After showing their retail client base an excellent trading year, Accredited FX is proud to announce the promotion of Greg Stevens from Senior Broker to Vice President of Trading.
A combination of hard work and an excellent attitude towards his clients impressed the Director of Trading, John Flannigan so much that he decided on Mr Stevens for this role.
Greg is looking to gold to provide strong profits over the coming months for his newly acquired retail client base.
He says - "After a day where we have seen gold neither rise or fall due to profit taking and strength in the us dollar, we may be looking at some movement in the coming days. The markets in US and Europe have been weaker but the spectre on the horizon in the form of the European sovereign debt crisis will continue to bolster gold in the short term. The gold bulls are still at an advantage and now is one of the best chances before the run up to christmas to get on the train before it leaves the station."
Greg goes on to say - "Credit rating agencies are warnings that the EU debt crisis is getting worse not better. This is bolstered by opinion from the IMF who say that unless the situation improves, banks in Europe could be forced to sell an unprecendented amount of assets, as much as $4 trillion. The German bond auction was well subscribed. This shows us how European investors are feeling about the situation - worried, and this will make safe haven investing even more attractive which is great news for gold."
Disclosure: Greg Stevens and Accredited FX hold various open gold call positions
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Accredited International provides Forex trading services to corporate and institutional investors throughout the world from their head office in San Jose, Costa Rica.
Accredited FX is the managed accounts division of the company and provides Forex trading services to retail investors with minimum account balances starting at $5,000. Clients have access to one of the most sophisticated online trading systems available.
To open an account with Accredited FX, please visit our website at http://www.accreditedfx.com or call our client services team at +1 855 274 7539.
Forex trading involves substantial risk of loss and is not suitable for everybody. Only risk capital should be invested.