Khurram Mustafa / Profile
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Khurram Mustafa
Published post US - Take a Short Look On Next Week By LLOYDS BANK
Analysts from Lloyds Bank point out that after the October NFP, markets will pay even more attention to the debate between FOMC members...
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Khurram Mustafa
FOREX POSITIONS WITH THE HELP BRILLIANT TECHNICAL ANALYZERS
8 November 2015, 13:47
GBPUSD The graceful upward trajectory staged by the GBP/USD on the daily chart, finds an offsetting bearish harami, a pattern comparable to an Western inside bar. Prices challenged the 21-period 2-standard deviation upper band by printing outside of its boundaries in the last two days...
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Khurram Mustafa
Published post USDJPY
USD/JPY rallied more than 100 pips and reached a peak of 123.07 following news the US economy added more jobs than expected in October, which boosted expectations of a rate hike by the Fed in December. However, following the knee-jerk spike, USD/JPY entered a consolidation phase just below 123...
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Khurram Mustafa
Published post AUSTRILA National house
According to NAB, there is limited scope for further gains in the residential property segment given that the Australian residential property price growth has continued to surpass expectations in recent quarters. NAB has thus reduced its forecasts for detached house price growth in 2016...
Khurram Mustafa
Published post EURGBP
EUR/GBP is currently trading at 0.7120 with a high of 0.7197 and a low of 0.7108...
Khurram Mustafa
Published post DEC HIKE
Rob Carnell, analyst at ING Bank noted that following a disappointing run of labour reports, the October figure substantially surpassed the consensus view in nearly all respects...
Khurram Mustafa
Published post GBPUSD
Dreadful week for the sterling indeed… Considering that GBP/USD was flirting with 1.5500 the figure on Monday and is now navigating the mid-1.50s...
Khurram Mustafa
Published post EURUSD
EUR/USD fell to its lowest level since April as the dollar soared across the board after data showed the US economy added more jobs than expected in October...
Khurram Mustafa
Published post Probability of FED
The latest data from the CME Fed watch indicates the odds of a 25bps rate hike shot up across the board on the back of a stellar October Non-farm payrolls report released today. The December rate hike probability now stands at 71.7%, compared to 58% seen ahead of the data...
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Khurram Mustafa
Published post USDCHF
The dollar has accelerated its upside on Friday, now pushing USD/CHF to post 8-month peaks near 1.0060. USD/CHF trespassed 1...
Khurram Mustafa
Published post GOLD
Gold prices dropped like a rock to a session low of USD 1087.90/Oz; its lowest since 10th August as the odds of Fed tightening increased after a strong US monthly non-farm payrolls report...
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Khurram Mustafa
Published post NZDUSD
A strong rally of the US dollar triggered by higher-than-expected jobs gains, dragged NZD/USD to fresh monthly lows near 0.6500...
Khurram Mustafa
Published post EURUSD
The selling pressure around the single currency is now picking up pace, dragging EUR/USD to test fresh daily lows...
Khurram Mustafa
Published post USDJPY
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
Published post US Non Farm Payroll Spike
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
Published post USDCAD
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
Published post US Labour Market
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
Published post GBPUSD
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
Published post AUDUSD
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...
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