Mohammed Abdulwadud Soubra / Profile

Central Banks Calendar 2016 * the following details are only for interest rates not for all events... 2016 Jan Feb...

Pre US Open, Daily Technical Analysis Monday, November 16, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the downside prevails. Pivot: 1...

December Rate Hike Barely Clears US Retail Sales Hurdle The USD rally received a temporary setback this morning with the release of the U.S. retail sales data. American retail sales edged up 0.1 percent missing the expectations of a 0.3 percent rise...

Pre US Open, Daily Technical Analysis Friday, November 13, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the bias remains bullish. Pivot: 1...

Market nerves growing Janet Yellen gave little away yesterday as she made no reference to interest rate policy and then the Vice Chairman Stanley Fischer also kept his cards close to his chest allowing for some profit taking in the dollar...

Pre European Open, Daily Technical Analysis Friday, November 13, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. ---- EUR/USD Intraday: the bias remains bullish...

Strong Consumer Demand Needed to Make Case for Interest Rate Hike in December A day ahead of the release of the U.S. retail sales figures six Federal Open Market Committee (FOMC) members delivered speeches that were seen as hawkish, dovish and something in between...

Trading price of gold for a fourth day near the support area at $ 1084-1088 where we are witnessing a decrease in the downward momentum that began in mid-October and boosted by a strong jobs report in the United States who re-shuffle all the cards about the date for lifting US interest rates...

Daily Forecasts Spot Price* Last Update 1 Day 1 Week 1 Month EURUSD 1.0761 12/11/2015 1.0725 1.08 1.08 GBPUSD 1.5224 12/11/2015 1.5210 1.51 1.52 USDJPY 122.89 10/11/2015 122.75 123 123 AUDUSD 0.7139 12/11/2015 0.7115 0.71 0.70 USDCAD 1.3247 11/11/2015 1.3290 1.33...

Central bank divergence materialising Overnight the Aussie has spiked following a big drop in unemployment with the rate falling from 6.2% to 5.9% leading to AUDUSD jumping to 0.7150. The 0...

Brexit or not to Brexit Reality hit home yesterday as risk aversion set in causing equities to sell off but FX markets had a placid session in the absence of any major economic data releases...

Pre US Open, Daily Technical Analysis Tuesday, November 10, 2015 EUR/USD GBP/USD USD/JPY AUD/USD GOLD CRUDE OIL Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: the downside prevails. Pivot: 1...

GLOBAL AND U.S ECONOMIC FACTORS COULD DERAIL THE DECEMBER RATE HIKE --- The USD continues to advance against all pairs since the October Federal Open Market Committee (FOMC) statement put the December meeting back in play as a possibility of announcing a higher U.S. benchmark interest rate...