Mohammad Abdelkhalik, Author at TriumphFX Analysis

6
Sep

Oil prices stable a head of preliminary data on US crude inventories

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices rallied as the US market opened on Wednesday to continue rising for a second consecutive day. US crude jumped to its highest level in four weeks ahead of preliminary data on US crude inventories. Brent crude hit a four-month high, Russian Energy Minister Alexander Novak. By 12:35 GMT, …

5
Sep

Crude oil rose after meeting between Saudi Arabia and Russia

Posted ByMohammad Abdelkhalik Category Daily FX News

World oil prices rose on Tuesday, with US crude oil hitting a one week high, and Brent crude oil offset some of its losses yesterday. Prices rose after Russia and Saudi Arabia, the world’s top oil producers, discussed extending the global production cut off after March 2018. . By 09:30 …

4
Sep

Most important events on economic calendar 4 to 8 September

Posted ByMohammad Abdelkhalik Category Daily FX News

In the United States, the week will be shorter than usual due to the Labor Day holiday scheduled for Monday, and one of the highlights of this short week will be the report on service sector growth. In the UK, investors will be close to two reports on services and …

1
Sep

Gold prices has backed down ahead of the release of US jobs data

Posted ByMohammad Abdelkhalik Category Daily FX News

On Friday Gold prices has backed down in the European market as the USD rose against the currencies ahead of the release of US jobs data, which provides new evidence that the Federal Reserve will continue to tighten monetary policy and raise interest rates for the third time this year. …

31
Aug

Gold prices has backed down due to rising of USD

Posted ByMohammad Abdelkhalik Category Daily FX News

On Thursday Gold prices has backed down on the European market to continue losses for the third day in a row, as the rise of the USD against the global currencies, in conjunction with the slowdown in demand for investment in the metal as a safe haven, to reduce gold …

30
Aug

Euro fell from highest level since 30 months under action of a correction and profit taking

Posted ByMohammad Abdelkhalik Category Daily FX News

EUR fell against the European currency on Wednesday against a basket of global currencies, extending for a second consecutive day against the USD , with a correction and profit taking from a two and a half year high to trade again below the 1.20 USD barrier, , Amid expectations that …

29
Aug

Euro trades up the 1.2 USD for the first time since January 2015

Posted ByMohammad Abdelkhalik Category Daily FX News

On Tuesday EUR has increased in the Europe market against the international currencies, to continue its gains for the third day respectively against the USD, to trade up the 1.2 USD for the first time since January 2015, with the acceleration of the EUR and JPY demand, and the fears …

28
Aug

Most important events on economic calendar this week 28 August to 1 September

Posted ByMohammad Abdelkhalik Category Daily FX News

During the trading On Friday USD has decreased against the other main currencies and recorded the lowest level against the EUR within two years and the investors trying to understand the officials speeches in the international central Bank. The USD slipped after Federal Reserve Chairman Janet Yellin’s speech at the …

25
Aug

Oil prices remained high with the opening of the US market on Friday

Posted ByMohammad Abdelkhalik Category Daily FX News

Oil prices remained high with the opening of the US market on Friday to offset part of yesterday’s losses as Hurricane Harvey approached the Gulf of Mexico in the United States, which includes the largest centers and oil production in the country. The ministerial committee responsible for monitoring the agreement …

24
Aug

Gold prices fell ahead of the annual Jackson Hole Economic Forum

Posted ByMohammad Abdelkhalik Category Daily FX News

Gold prices fell on the European market on Thursday as the USD rose against a basket of global currencies, ahead of the annual Jackson Hole Economic Forum in the presence of most central bankers. Gold prices fell At 9:20 GMT to 1286.30 USD an ounce from the opening level of …