Foreign Exchange Analyst
Contributor's Links: Investors King
Samed Olukoya is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Capital One Financial Corp. To Acquire Discover Financial Services In $35 Billion Mega Deal
3 months ago

But that was stated in the article "Pending regulatory and shareholder approvals".

In this article: COF, DFS
Egypt’s Geopolitics Impact On FDI: A Texas Poker Game?
3 years ago

This is really good, Samar.

Economic Slowdown: ECB Lowers Growth Projection For 2019
5 years ago

It is very hard to tell because of Brexit uncertainty and global slowdown. The interest rate has been at zero for years and nothing sustainable has been achieved.

In this article: FXE
Sell USD After Dovish Powell And FOMC Minutes
5 years ago

Other factors are very important to that decision. The outcome of US-China trade talk, G20 meeting, Brexit outcoming on December 12 when parliament members are expected to vote. Overall, the US dollar fundamental remained strong but going forward we are expecting huge shares buyback and lack of broad-based investment by business to nullify the advantage of tax cut, especially with rising cost of production and possible tariffs per adventure US and China failed to reach an agreement. However, the decision to sell the US will depend on paired currency.

In this article: UUP
Crude Oil Trading At A 4-Year High; Trafigura Sees $100/Barrel
5 years ago

You are right William. But OPEC and partners will still fall in line at some point, especially after Nov 4 they will be forced to increase production as they don't want to pick a fight with Trump. Nov 4 is when US -Iran sanctions will be activated.

BOE Raises Interest Rate To 0.75 Percent
5 years 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
6 years 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 years ago

That was a good article James. Thanks.

U.S. Consumer Price Index Rises Amid Surge In Gasoline Prices
6 years 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?
6 years 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
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