Your Fund Manager     Your FX Consultant     Your Trading Trainer    Contact Us     Home Page

FX Recommends

We were the first to represent FX trading consultancies and FX management services. We respect our clients' minds. We always tell them about our reasons and the change of current market sentiment and how this can change the best to buy and the best to sell. Forex and CFDs are the most volatile markets, so you should be dynamic enough to catch up with any change of the current market sentiment. Surely, we represent our services with a simple style trying to help the beginners too.

Walid Salah El Din's talking about the oil on 19/8/2015

Walid Salah El Din's talking about USD direction on 22/7/2015

Walid Salah El Din's talking down EURUSD and Gold, after the Greek deal and Yellen's testimony on 16/7/2015

Walid Salah El Din's talking about the inflation outlook in UK and BOE's direction on 16/6/2015

Walid Salah El Din's talking about Oil and Gold on 2/6/2015

Walid Salah El Din's talking about the greenback weakness on 14/5/2015

Walid Salah El Din's talking about the gold recent consolidation on 12/2/2015

Walid Salah El Din's talking about the RBA's decision of cutting the interest rate by 0.25% on 3/2/2015

Walid Salah El Din's talking about EURUSD outlook in 2015, after the oil slide in 2014 on 29/12/2014

Walid Salah El Din's talking about the Fed's meeting on 17/12/2014

Walid Salah El Din's talking about the interest rate outlook in US on 19/11/2014

Walid Salah El Din's talking about The Japanese GDP preliminary contraction in the third quarter on 19/11/2014

Walid Salah El Din's talking about the slide of the US treasuries yields and the equity market  correction on 16/10/2014

Walid Salah El Din's talking about the central banks' directions effects on the raw material prices on 4/9/2014

Walid Salah El Din's talking about the slide of the US major stocks indexes on 4/8/2014

Walid Salah El Din's talking about the the release of the Fed's meeting minutes of July 30 2014 on 21/8/2014

Walid Salah El Din's talking about PBOC's efforts to lower the shibor rate on 24/12/2013

Walid Salah El Din's talking about Forex trading in the Arab countries on 28/11/2013

Walid Salah El Din's talking about the gold falling on 27/6/2013

Walid Salah El Din's talking about G20 meeting on 17/2/2013

Walid Salah El Din's talking about EURUSD technically on 29/1/2013

Walid Salah El Din's talking about World Bank global growth expectations on 16/1/2013

Walid Salah El Din's talking about the fiscal cliff deal impact on 6/1/2013

Walid Salah El Din's talking about the fiscal cliff on 29/11/2012

Walid Salah El Din's talking about Greece debt Crisis on 22/11/2012

Walid Salah El Din's talking about Metals on 13/11/2012

Walid Salah El Din's talking about Gold on 27/9/2012

Walid Salah El Din's expectation of cutting the deposit rate by the ECB by 0.25% to be zero on the 4th of July 2012

 

These interviews at CNBC Arabia were in Arabic.

For watching the results after trading US September 2012 Non Farm payroll release click here

For watching what's running now click here

For watching more results of 2012, you can click here

 

You can send your request for FX-Recommends market commentary to  mail@fx-recommends.com

25/8/2015 - The current market sentiment " Waiting for confidence returning back"
 

 Subscribe in a reader


It has been concluded that we are about to see economic growth decelerating in China but the tracking to the Chinese stock market was not expected to be by this shape.
The IMF has said it clearly more than a week ago that it is expected to grow by only 6.8% in 2015 and by 6.3% in 2016. It was not the IMF only what expected this slow down but the Chinese government itself has expected so.
The mining activities are expected to be under pressure to shrink, as the supply can hurt the prices of the industrial raw materials not only the oil which has been already suffering from higher supply from countries out of the OPEC and also from the OPEC itself which offers more than its 30m barrels a day target.
The commodities prices meltdown can drive down the operational profits of the companies which are related to the mining sector globally.
But in the same time, there are many manufacturing companies can get use of such falling of the raw material to grow up faster and represent cheaper products.
In US and after this turmoil for restoring confidence in the markets, the Fed is widely expected to keep the interest rate longer, while the falling of the raw material prices can form further inflation down side risks.
We see now currently significant rising of the European currencies and you can listen to many reasons.
But mainly, it is because of 2 reasons, the first one is the interest rate outlook in US which went down, after the release of the FOMC's recent meeting minutes which have shown stronger than expected appreciation of the inflation downside risks in the case of normalizing the monetary policy by the first interest hiking since 2006.
The second reason is about the current crisis which drove PBOC to devaluate the Yuan lowering its attractiveness of it as a reserve currency to be a step in the benefit of the Yen and the single currency which can be more attractive for Central Banks, Hedge Funds and also the investors who are looking for diversifying.
Especially, as the Chinese step looked not only one step to revive the economy but it can be followed by more steps to support the Chinese exporting activity.
China has already lowered the interest rate 4 times since last November, beside lowering the RRR of the Chinese banks several times and it is planning for letting the pension funds to invest in the Chinese domestic stock market as the BBC has announced by the beginning of this new week.
The panic which has happened in the this new week can end shortly as the crisis is not looking unsustainable or threatening the global banking sector like the credit crisis for instance.
We have not watched yet giant bankruptcies because of this crisis but only slowing down of the activities of the mining sectors on lower commodities prices can be positive for some other vital manufacturing activities even in China itself to find a point to rise from and ask for more commodities again.
Anyway, we wait now for cooling down of the market volatility, after what can be named sharp correction waiting for confidence returning back to the markets.





 


Kind Regards
FX Market Strategist
Walid Salah El din
E-mail: mail@fx-recommends.com

 

 

Note : Not Walid Salah El Din nor FX recommends accepts any liability for any loss or damage what's ever that may directly or indirectly result from any advice, opinion, information, representation or omission, whether negligent or otherwise, contained in these trading recommendations. please read the disclaimer

Important Links

     

     

      

Your Fund Manager     Your FX consultant     Your Trading Trainer    Contact Us     Home Page

Copyright (c) 2002 Walid Mohamed