Mohammad Abdelkhalik, Author at TriumphFX Analysis

18
Apr

Euro comes back to rise in light of the US dollar’s decline

Posted ByMohammad Abdelkhalik Category Daily FX News

Within trading today Tuesday the EUR has increased for the second time respectively and that with the continued in backing down for USD levels under the weakness of American data and the tensions because of the condition in north Korea. Trading of EURUSD in 1.0650 level and that after it …

17
Apr

Saudi Arabia will freeze and modify projects worth billions of dollars

Posted ByMohammad Abdelkhalik Category Daily FX News

A government resource says that KSA forward Ministries and bodies to Review Not finished projects with billions of dollars in infrastructures and economic development for frozen or rebuilding it. And the resources reported Reuters that capital expenditure rationalising office who had started last year to reinforcement government efficiency putting a list of projects that it’s …

14
Apr

Asian shares have decreased, with the increasing of political tensions

Posted ByMohammad Abdelkhalik Category Daily FX News

Within the trading today Friday and in the end of the week the Asian shares had been decreased and that after the American bombing in Islamic country location Afghanistan and that Leeds to increase the political tensions who reduced the investment on shares as risky investments Topix index for japan shares …

13
Apr

Gold prices has back down from the highest level in five months

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices have back down within Asian trading session today Thursday and that after it records the highest level in five months, whereas Precious metal found the support from sharp back down in USD levels against main Currencies. Gold prices trading right now at 1285.3 USD for ounce after it …

12
Apr

Oil Prices boost earnings in a six-week high amid the possibilities of extending the agreement of world production cut

Posted ByMohammad Abdelkhalik Category Daily FX News

On Wednesday oil prices continues to post gains in the European market for the fifth consecutive day hitting a six-week high amid the possibilities of extending the agreement of world production cut, especially after comments from Saudi Arabia stated that it supporting and will push OPEC and non-OPEC oil producers …

11
Apr

Trump meets chief executives of 20 US business leaders on Tuesday

Posted ByMohammad Abdelkhalik Category Daily FX News

A senior government official said that Donald Trump, US President, would meet on Tuesday with the executives of about 20 companies including General Motors (NYSE: GM), IBM, Wall Mart Stores, Tesla, Black Rock, and Blackstone and sought to obtain support for the Infrastructure Program in amount of trillion dollar, tax …

9
Apr

The Upcoming Week’s Events the Economic Calendar to Be Closely Watched

Posted ByMohammad Abdelkhalik Category Daily FX News

1-Fed Chair Yellen’s Speech Fed Chair Yellen’s will give speech at the University of Michigan today; markets will closely watch her comments seeking any fresh clues on the monetary policy and the timing of the next interest rate hike. Yellen may face questions over the Fed’s plan to begin shrinking …

7
Apr

Gold prices hit a five-month high on Friday’s European session

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices hit a five-month high on Friday’s European session due to the accelerating investment demand for precious metals as safe havens, amid concerns about the rising geopolitical risks in the Middle East area following the US missile strike on an airbase in Syria, meanwhile investors focusing on the US …

6
Apr

Gold and Oil prices are trading lower after yesterday’s gains

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices fall during the Asian’s session trades on Thursday, despite the decline in dollar’s gains against the major currencies after the meeting of the Federal Reserve Bank, but the waiting for the markets of the US – China summit reduced the demand for gold. Gold prices are currently trading …

5
Apr

Oil Price rises to its highest level during a month with reduction in American stocks

Posted ByMohammad Abdelkhalik Category Daily FX News

The prices of the crude oil had increased to record the highest level within one month during the deals of today , Wednesday after a reduction in the American stocks of the crude oil by more than expected which supports the increase of prices especially after north Korea launched new …