Foreign Exchange Analyst
Contributor's Links: Investors King

Samed Olukoya is the CEO/Founder of investorsking.com, 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.

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BOE Raises Interest Rate To 0.75 Percent
The Bank of England led Monetary Policy Committee raised interest rates by 25 basis points from 0.50 percent to 0.75 percent on Thursday, the highest level in nine years.
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US Inflation Advances To 6-Year High
US consumer prices grew in June at the fastest pace in more than six years, boosted by expensive gas, higher rent and car insurance.
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Forex Weekly Outlook July 2 - 6
Trade tensions coupled with economic fundamentals have become key factors in projecting possible market direction in recent months, therefore, both will be used to broaden forex outlook ahead of unemployment data this week.
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China's Manufacturing Sector Slows Amid Trade Tensions
The manufacturing Purchasing Managers' Index published on Saturday expanded to 51.5 in June, slightly below experts' projection of 51.6 and 51.9 recorded in May.
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UK Manufacturing Production Falls At Fastest Rate In 6 Years
Manufacturing production declined by 1.4 percent in April, worse than the 0.1 percent decline recorded in the previous month and the 0.3 percent predicted by experts.
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Cryptocurrency Dips By $46 Billion On Coinrail Hack
The report that a cryptocurrency exchange, Coinrail, was hacked in South Korea plunged cryptocurrency market by $46 billion as holders of digital assets sold to curb losses. Bringing Bitcoin total losses this year to more than 50 percent.
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BOE Raises Interest Rate To 0.75 Percent
13 days ago

Its a complex situation at this stage. Citizens with substantial savings would enjoy better interest rate while struggling new investment will be affected as the cost of borrowing rose to a record high. Even job creation may dip, except there is enough demand to maintain economic activities. However, global trade tensions and uncertainty surrounding both local politics and Brexit negotiations will play a key role in U.K. economic direction.

Chinese PMI Unexpectedly Slows To 19-Month Low In February
5 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
9 months ago

That was a good article James. Thanks.

U.S. Consumer Price Index Rises Amid Surge In Gasoline Prices
10 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?
10 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
10 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
10 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
11 months ago

You are welcome Donald Kaplan.

Asian Shares And Dollar Head Higher
11 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
11 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
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Samed Olukoya Commented on BOE Raises Interest Rate To 0.75 Percent:

Its a complex situation at this stage. Citizens with substantial savings would enjoy better interest rate while struggling new investment will be affected as the cost of borrowing rose to a record high. E...

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Samed Olukoya
Forex Weekly Outlook July 2 - 6 https://t.co/1kugySVdQS
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