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Samed Olukoya is the CEO/Founder of, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.


Iran Nuclear Deal: Oil Prices Climb Above $76
The decision of President Donald Trump to officially pulled out of the 2015 Iranian deal signed by the then U.S. president, Barack Obama and global powers bolstered crude oil prices during Asian trading session.
Australian Retail Sales Flat In March; Aussie Drops
Australia's retail sector failed to sustain growth in March after better than expected sales number in February.
U.K. Services Sector Slows In April; Pound Dips
U.K. services sector joined the series of sectors that grew at a slower pace in the month of April, raising concerns about the underlying fundamental of the British economy.
Nigeria’s Manufacturing Sector Sustains Growth
The manufacturing Purchasing Managers’ Index stood at 56.9 in the month, slightly faster than the 56.7 filed in March. The sector has now expanded for thirteen consecutive months.
U.K. Manufacturing PMI Slows To 17-Month Low In April
The manufacturing Purchasing Managers' Index survey showed manufacturing activity grew at a slower pace than projected in the month, the PMI stood at 53.9, a 17-month low, IHS Markit report showed.
Reserve Bank Of Australia Leaves Rate Unchanged At 1.5%
The Reserve Bank of Australia once again left its interest rate at record low of 1.5 percent, citing low inflation rate, low growth in labour costs and strong retail competition.


Latest Comments
Chinese PMI Unexpectedly Slows To 19-Month Low In February
2 months ago

If Powell failed to adhere to market expectation yesterday. Not just the equity will tumble, fixed income market will do too. Mario Draghi, ECB president situation was different, he has been insisting on stimulus continuity, saying it is necessary to support the economy until inflation reach 2 percent target. Hence, he was able to build on that yesterday to weaken Euro outlook against the dollar for favourable exports. In the U.S. it is different.

Crude Oil Gains As OPEC Plans To Extend Production Cuts
6 months ago

That was a good article James. Thanks.

U.S. Consumer Price Index Rises Amid Surge In Gasoline Prices
7 months ago

Gasoline prices contributed 75% of CPI gain in September. Also, weak dollar would help stimulate manufacturing sector and gradually close trade deficit that has been a concern for this administration. It is a known fact that oversea businesses prefer US products for their quality and standard but strong US currency has been huge hindrance. Since the dollar fell against counterparts, manufacturing production jumped to 13-year high, meaning surged in new orders with oversea orders jumping to 57 in the month.

Will AUDUSD Break 78 Cents?
7 months ago

Philip Lowe prefer lower exchange rate as it will help boost exports and aid economic activities. However, drop in commodity prices and Lowe call for lower foreign exchange rate weighed on Australian dollar this week. Again, the uncertainties in the US and how well Donald Trump perform with the proposed tax reforms will determine bearish continuation.

In this article: FXA
Yellen Sees Risk Of Overheating Without Modest Hikes Over Time
7 months ago

Nothing is really stable, especially during "a period of high uncertainty like this." But she was clear yesterday in Cleveland, perhaps you need to watch the video. Thanks for your comments.

Yellen Sees Risk Of Overheating Without Modest Hikes Over Time
7 months ago

Yellen concern is not foreigners but pricing and continuous job creation. Yellen want to know if consumer prices and labor market will not be negatively impacted once the Fed starts unwinding balance sheet and tighten further. Therefore, the emphasis on gradual. Again, U.S. fundamental is stronger than other developed nations but inability of the current administration to push through with fiscal policy, health care reform and North Korea back and forth threats weaken U.S. economic outlook.

Forex Weekly Outlook September 11-15
8 months ago

You are welcome Donald Kaplan.

Asian Shares And Dollar Head Higher
8 months ago

You are welcome. Read the analysis of the consumer prices and how we were able to predict 'precisely' its impact on pound on my wall.

If Bitcoin Breaks Below Most Recent Low A Deeper Correction Becomes Likely
8 months ago

The issue is Bitcoin is more driven by China's economic decision than technical happenings. The widely expected ban published on Friday is hurting the coin and expected to further plunge it below $4,000 level if eventually passed. Capital control to curb capital flight will play major role in determining bitcoin stability. Especially with Chinese policy makers determine to limit it usage in China.

In this article: BITCOMP
Asian Shares And Dollar Head Higher
8 months ago

There are major fundamental news this week. U.K. Consumer prices is due in 30 minutes, it will determine if BOE will hike rate or maintain current policy stance. Also, average earnings is due tomorrow, another key indicator to measure waning consumer spending and lackluster wage growth. Finally, monetary policy committee would be meeting on Thursday to announce new interest rate and release monetary policy statement. U.S. and Australia are also releasing key economic data this week.

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Iran Nuclear Deal: Oil Prices Climb Above $76 $BNO $OIL more
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Australian Retail Sales Flat In March; Aussie Drops $FXA
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U.K. Services Sector Slows In April; Pound Dips $FXB Also $FXY $FXB Also $FXY less
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