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ForexTime (FXTM) In the Media

As mentioned by leading international publications

ForexTime (FXTM) is internationally renowned for its time centric client services, innovative trading solutions and deep level of industry expertise. The company's products and services are frequently featured in the most credible of forex media portals, with appearances in newspapers, magazines, television and live events. Furthermore, the ForexTime (FXTM) management team which consists of individuals who are widely known and respected within the financial world, are regularly invited to provide analysis, market opinions and personal outlooks on the forex market and its constant development.

Below you can check out a few of this year's highlights…

09.05.2018 - Lukman Otunuga, research analyst at FXTM said: “While it was widely anticipated that Trump would pull out of the Iran agreement, what is likely to leave a lasting impact on the markets is the threat that he would also penalize those who help Iran.

The original article can be viewed on City AM: Markets update: FTSE shows no sign of a slump despite Trump’s Iranian nuclear dump

    Reuters
    07.05.2018 - "Price action suggests that the yellow metal has struggled to find any real support in April's disappointing U.S. jobs report," said Jameel Ahmad, head of global currency and market research at FXTM.

    The original article can be viewed on Reuters: Gold retreats from 1-week high on firmer dollar

      The Guardian
      04.05.2018 - Lukman Otunuga, analyst at currency trading firm FXTM, explains: The chances of a breakthrough trade deal from the two-day meeting are seen as highly unlikely. However, the talks could be a positive step for the two nations to avoid a potential trade war. Although it is difficult to predict the outcome of the trade meetings, continual talks and negotiations between the Trump administration officials and Chinese officials may ease tensions.

      The original article can be viewed on The Guardian: US trade mission ends with limited progress, China says - business live

        Reuters
        04.05.2018 - "Gold bears may be offered an opportunity to attack and conquer the $1,300 level today, if the NFP data results exceed market expectations," said Lukman Otunuga, research analyst at FXTM.

        The original article can be viewed on Reuters: PRECIOUS-Gold eases on firmer dollar, investors await U.S. jobs data

          Reuters
          04.05.2018 - “The rand has caught the cold from the U.S. dollar moves,” said Jameel Ahmad, global head of currency strategy at FXTM. “The rand has weakened a lot this week and it’s because of a lot of external risks. We’ve see that the euro suffers, the yen’s suffered and the pound’s suffered. It’s not a South Africa story,” Ahmad said, pointing to rising oil prices and worries over a breakdown in the U.S.-Iran nuclear deal.

          The original article can be viewed on Reuters: South Africa's rand, bonds hit hard as dollar rally continues

            Daily Mail
            04.05.2018 - "The trade talks carry the potential to negatively impact global stocks as a result of reduced risk appetite, and could also result in reduced purchasing momentum for emerging market currencies," said Jameel Ahmad, global head of currency strategy and market research at FXTM.   

            The original article can be viewed on Daily Mail: Yuan set for third weekly loss as markets eye tense trade talks

              Marketwatch
              03.05.2018 - “Price action continues to suggest that WTI bulls remain heavily reliant on geopolitical tensions and fears of supply shortages to sustain the current upside,” wrote Lukman Otunuga, research analyst at FXTM, in a Thursday note. “While oil could appreciate further if the U.S. withdraws from the 2015 Iran nuclear deal, gains are likely to remain limited by robust production from U.S. shale,” he wrote.

              The original article can be viewed on Marketwatch: Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows

                Marketwatch
                01.05.2018 - “If the U.S. pulls out of the agreement on May 12 or before, Iranian oil exports are expected to plunge,” said Hussein Sayed, chief market strategist at FXTM, estimating a possible 400,000 barrel a day loss. “While this might not seem to be a significant amount, when taking into consideration the drop in global inventories, the robust demand, and the level of compliance of OPEC and partners, oil may quickly add an additional $5 to current prices,” he said.

                The original article can be viewed on Marketwatch: Oil settles at 2-week low as U.S. output hits fresh peak

                  30.04.2018 - However, Hussein Sayed, chief market strategist at FXTM cautioned that “whether the uptrend resumes this week will depend on inflation data, the Federal Open Market Committee meeting, and the employment report.”

                  The original article can be viewed on City AM: As US dollar maintains strong gains, pound may prove weak under pressure

                    The Guardian
                    27.04.2018 - Lukman Otunuga, Research Analyst at FXTM, says the UK GDP figures have undermined the pound sharply. Buying sentiment towards the British Pound was dealt a severe blow on Friday, following reports that the U.K economy grew much slower than expected in Q1. U.K GDP growth slowed to 0.1% in the first quarter, much worse than the expected 0.3%, and its weakest since 2012. While the snow had some negative impacts on GDP, the bad weather really can’t bear all the blame - its effects on growth were small.

                    The original article can be viewed on The Guardian: Pound slides as UK growth slows to brink of stagnation - as it happened

                      Marketwatch
                      24.04.2018 - “While further upside could be on the cards for oil in the near term, the sustainability of the [recent] rally is a concern,” said Lukman Otunuga, research analyst at FXTM. “WTI bulls may be heavily reliant on geopolitics to keep prices appreciating, which could expose oil to extreme downside risks if geopolitical tensions start to ease,” he said. “With rising production from U.S. shale still a key market theme that continues to weigh on oil prices, it will be interesting to see how much oil appreciates before bears enter the scene.”

                      The original article can be viewed on Marketwatch: Oil prices finish lower after tapping highest levels in more than 3 years

                        Reuters
                        23.04.2018 - Hussein Sayed, chief market strategist at FXTM, said the rand could soon weaken beyond 12.30 to the dollar.

                        The original article can be viewed on Reuters: UPDATE 1-South African rand hits 3-month low on soaring dollar

                          Marketwatch
                          23.04.2018 - “Although Trump’s tweet may have encouraged profit-taking, it will not have a long-lasting effect. What OPEC should be worried about is how higher oil prices will impact inflation and thus, interest rates,” said Hussein Sayed, chief market strategist at FXTM, in a note to clients. The strategist said a steep rise in prices would add further pressure on global economy which is already showing signs of weakness. “That’s what could put a ceiling on oil prices,” said Sayed.

                          The original article can be viewed on Marketwatch: Oil pivots higher, settles with a gain as tensions in the Middle East heat up again

                            Marketwatch
                            20.04.2018 - Gold prices moved lower as easing geopolitical tensions and expectations of higher U.S interest rates “dented appetite for the yellow metal,” said Lukman Otunuga, research analyst at FXTM. “While bulls remain inspired by geopolitics, lingering trade war fears and U.S. political risk, bears have found support in the form of rising U.S. rate hike expectations.”   Lukman expects gold to “remain a battleground for bulls and bears until a fresh directional catalyst is brought into the picture.”

                            The original article can be viewed on Marketwatch: Gold declines, heads for narrow weekly drop

                              Reuters
                              20.04.2018 - “Sensitivity to monetary policy speculation is likely to remain a key fundamental theme impacting the British Pound. If market expectations continue to deteriorate over higher U.K interest rates, sterling could be exposed to further downside risks,” said Lukman Otunuga, research analyst at FXTM.

                              The original article can be viewed on Reuters: Sterling extends slide after Carney punctures BoE rate hike bets

                                The New York Times
                                19.04.2018 - THE QUOTE: "While the elimination of oversupply has been a critical factor pushing oil prices, I still believe there's a significant risk premium being priced in, specifically the fear of supply disruption from the Middle East and possible renewed sanctions on Russia and Iran," said Hussein Sayed, Chief Market Strategist at FXTM.

                                The original article can be viewed on The New York Times: Global Stocks Take a Breather as Oil Price Rally Continues

                                  The Guardian
                                  19.04.2018 - Hussein Sayed, Chief Market Strategist at FXTM, agrees that supply worries and geopolitical tensions are pushing oil up: Oil found support after data from the Energy Information Administration showed that crude inventories dropped 1.1 million barrels in the week to 13 April, while gasoline and distillate stockpiles fell by more than 3 million barrels. Now it is OPEC and Co.’s turn to capitalize on the bullish report as they meet in Jeddah on Friday.  

                                  The original article can be viewed on The Guardian: Shire takeover battle intensifies, as commodity prices boom – as it happened

                                    19.04.2018 - Hussein Sayed, chief market strategist at FXTM, said: "While the elimination of oversupply has been a critical factor pushing oil prices, I still believe there’s a significant risk premium being priced in, specifically the fear of supply disruption from the Middle East and possible renewed sanctions on Russia and Iran."

                                    The original article can be viewed on City AM: Brent crude oil climbs to fresh December 2014 high of over $74 a barrel

                                      CNN Money
                                      17.04.2018 - "It seems that President Trump might be looking to focus on currencies next to influence his trade battle," said Hussein Sayed, chief market strategist at FXTM.

                                      The original article can be viewed on CNN Money: US-China trade: 24 hours that escalated the fight

                                        Marketwatch
                                        17.04.2018 - What are strategists saying? “The dollar edged higher against a basket of major currencies on Tuesday. This is unlikely to be the result of a change of sentiment towards the dollar, but rather an indication that a technical bounce is in play,” said Lukman Otunuga, research analyst at FXTM.

                                        The original article can be viewed on Marketwatch: Dollar inches higher as European data disappoints

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