Khurram Mustafa
Khurram Mustafa
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Khurram Mustafa
EURUSD gönderisini yayınladı
The selling pressure around the single currency is now picking up pace, dragging EUR/USD to test fresh daily lows...
Khurram Mustafa
USDJPY gönderisini yayınladı
USD/JPY soared to fresh 2 ½-month highs above 123.00 after the release of much better than expected US nonfarm payrolls report. Nonfarm payrolls report showed US economy added 271,000 new jobs in October versus 180,000 expected, while the unemployment rate dropped to 5.0% versus 5.1% expected...
Khurram Mustafa
US Non Farm Payroll Spike gönderisini yayınladı
The labor department data released today showed the US economy added far greater number of jobs in October than expected, adding to the evidence of the tightening labor market...
Khurram Mustafa
USDCAD gönderisini yayınladı
The greenback has gathered further traction vs. its Canadian peer on Friday, lifting USD/CAD to the proximity of 1.3300 the figure...
Khurram Mustafa
US Labour Market gönderisini yayınladı
The U.S. Bureau of Labor Statistics released the October jobs data today. Total nonfarm payroll employment increased by 271,000 in October, and the unemployment rate remained unchanged at 5.0 per cent...
Khurram Mustafa
GBPUSD gönderisini yayınladı
The sharp spike in the USD following a stellar Non-farm payrolls report pushed the GBP/USD pair to 1.5037; its lowest since April 24th. USD gains as 2-yr yield spikes The US dollar strengthened across the board as the 2-yr treasury yield in the US rose to a high of 0.958...
Khurram Mustafa
AUDUSD gönderisini yayınladı
AUD/USD crumbled to fresh 1-month lows after data showed the US economy added more jobs than expected in October. Nonfarm payrolls report showed US economy added 271,000 new jobs in October versus 180,000 expected, while the unemployment rate dropped to 5.0% versus 5.1% expected...
Khurram Mustafa
EURUSD- Key level gönderisini yayınladı
EUR/USD is going through a consolidation phase as investors adopt a wait and see mode ahead of the US nonfarm payrolls report due tomorrow...
Khurram Mustafa
USDNOK gönderisini yayınladı
USD/NOK could be facing downside pressure as its MACD failed to test recent highs. A bearish divergence between USD/NOK spot behavior and the MACD over the last few weeks suggests downside vulnerability ahead...
Khurram Mustafa
Banks Outlook gönderisini yayınladı
Analysts at TD Securities explained the fourth coming major Central Bank meetings and outlooks. "The FOMC next meets on December 16. Barring a significant surprise on the data front, a rate hike by the Fed then is very much in play...
Khurram Mustafa
GBPUSD Resumes Decline gönderisini yayınladı
After a short-lived recovery, GBP/USD resumed the decline and broke below previous lows. It bottomed at 1.5205, hitting a new 2-week low...
Khurram Mustafa
USDJPY gönderisini yayınladı
Will the USD/JPY finally break its range with Friday's Payrolls? What you think people...
Khurram Mustafa
RBA gönderisini yayınladı
Analysts at BBH noted the divergence between the two Antipodean Central Banks. Key Quotes: "The Reserve Bank of Australia next meets on December 1. It left rates steady at 2.0% earlier this week, but some forecasters had expected a 25 bp cut...
Khurram Mustafa
EURGBP Still to play gönderisini yayınladı
EUR/GBP is currently trading at 0.7135 with a high of 0.7149 and a low of 0.7041. EUR/GBP has been consolidating the upside rally post the BoE announcements, but is reluctant to let go of space at the mid point of the 0.71 handle. There has been a further bid on the profit taking down at 0...
Khurram Mustafa
EURUSD - Weakness gönderisini yayınladı
EUR appears vulnerable, consolidating around fresh multi-month lows with data-driven weakness (weaker German factory orders) reversing on technical support triggered by the break of 1.0850, said Eric Theoret, FX Strategist at Scotiabank...
Khurram Mustafa
AUD/USD was rejected from session highs and erased daily gains to trade nearly flat on the day. AUD/USD recovered from a low of 0.7125 and reached a session high of 0.7169 as the greenback softened following the release of disappointing US data...
Khurram Mustafa
GBPUSD - BoE gönderisini yayınladı
Valeria Bednarik, chief analyst at FXStreet noted and explained that the British Pound plunged after the BOE's monthly economic meeting, against the greenback, as the Central Bank offered a doom inflation outlook...
Khurram Mustafa
May 2016 Rate Hike - BoE gönderisini yayınladı
According to analysts from TD Securities today’s decision and documents from the Bank of England support the view of a rate hike at the May 2016 meeting...
Khurram Mustafa
USDJPY gönderisini yayınladı
USD/JPY dropped further during the American session and felt o121.50, where it finally found support. Currently it trades at 121.60/65, marginally higher for the day. Despite the retreated that is taking place during the American session the trend and momentum remains bullish...
Khurram Mustafa
AUDUSD Watch gönderisini yayınladı
Analysts at UOB Group noted that the RBA's Governor Stevens told an audience yesterday that the next monetary policy move is more likely to be a cut than a hike. Key Quotes: "Reiterating his message from Tuesday when the central bank left the cash rate on hold at a record-low of 2.0...