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ForexTime (FXTM) In the Media

As mentioned by leading international publications

ForexTime (FXTM) is internationally renowned for its time centric client services, innovative trading solutions and deep level of industry expertise. The company's products and services are frequently featured in the most credible of forex media portals, with appearances in newspapers, magazines, television and live events. Furthermore, the ForexTime (FXTM) management team which consists of individuals who are widely known and respected within the financial world, are regularly invited to provide analysis, market opinions and personal outlooks on the forex market and its constant development.

Below you can check out a few of this year's highlights…

Reuters
26.06.2017 - "The Fed policymakers had been broadly hawkish last week, and most of them anticipate another rate hike in 2017 (most likely in December)," said Hussein Sayed, chief market strategist at FXTM. "However, fixed-income markets are saying it's over for this year as they don't see inflationary pressures coming anytime soon. It's still too far from December, but oil prices will play a significant role on how interest rates go from here."

The original article can be viewed on Reuters: Wall St. set to open higher as oil prices recover

    Reuters
    26.06.2017 - "This sharp depreciation, which lacks any fundamental drivers on a relatively quiet trading day has left investors bewildered," said Lukman Otunuga, research analyst, FXTM. "With the fundamentals out of the picture, price action may be the key culprit behind the decline," he added.

    The original article can be viewed on Reuters: PRECIOUS-Gold falls 1 pct to hit near six-week low

      Yahoo Finance
      22.06.2017 - ANALYST TAKE: "With depressed oil, ongoing Brexit developments and political instability in the U.S. still weighing on sentiment, a pending stock market correction could be on the cards," warned FXTM Research Analyst Lukman Otunuga.

      The original article can be viewed on Yahoo Finance: Oil prices rebound modestly but concerns remain

        21.06.2017 - There is no doubt that South Africa has been through the economic wringer in recent months and that the volatile fiscal policies of current government have materially impacted the long term health of the rand. -  FXTM research analyst Lukman Otunuga 

        The original article can be viewed on City AM: South Africa now has the most volatile currency in the world

          The Guardian
          21.06.2017 - FXTM research analyst Lukman Otunuga predicts that prices will keep falling: Oil’s ongoing oversupply woes reached an ear-piercing crescendo during Tuesday’s trading session as WTI Crude plunged into a bear market after growing signs of rising production across the globe. WTI Crude was already extremely sensitive and vulnerable to losses amid the bearish sentiment with reports of an unexpected supply increase by Libya sending prices below $43.

          The original article can be viewed on The Guardian: Oil price slide weighs on markets, as pound hits two-month low

            The Telegraph
            21.06.2017 - Lukman Otunuga, FXTM Although OPEC initially displayed good intentions when it exempted some members from the production cuts, Mr Otunuga thinks that this has come back to haunt them with more production from Libya, Nigeria, and Iran. He said: "With the bias towards oil heavily tilted to the downside, further losses should be expected as bears exploit persistent oversupply concerns to ruthlessly attack the commodity."

            The original article can be viewed on The Telegraph: FTSE 100 extends losses as oil price slump rattles investors; Pound falls below $1.26 to lowest since April

              Marketwatch
              21.06.2017 - “Although OPEC initially displayed good intentions when it exempted some members from the production cuts, this has come back to haunt them with more production from Libya, Nigeria, and Iran,” said FXTM research analyst Lukman Otunuga in a note on Wednesday. “With the bias towards oil heavily tilted to the downside, further losses should be expected as bears exploit persistent oversupply concerns to ruthlessly attack the commodity,” he added.

              The original article can be viewed on Marketwatch: Crude futures slide deeper into bear market, eyeing $43 a barrel

                The Guardian
                20.06.2017 - FXTM Research Analyst Lukman Otunuga says concerns over Brexit are weighing on the pound. That’s on top of Mark Carney’s speech arguing against raising UK interest rates anytime soon. Otunuga explains: Sterling was in trouble during Tuesday’s trading session with prices tumbling to a weekly low at 1.266 after Mark Carneysuggested that interest rates should be kept on hold amid Brexit uncertainty.

                The original article can be viewed on The Guardian: Pound hits one-week low as Mark Carney gives Mansion House speech

                  Reuters
                  20.06.2017 - "Although Dudley displayed optimism over the health of the US economy, I feel the macro-fundamentals from the States need to display ongoing signs of stability before investors adopt a similar school of thought," said FXTM analyst Lukman Otunuga, in Cyprus.

                  The original article can be viewed on Reuters: Dollar hits three-week high on Fed comments, sterling slips

                    Reuters
                    20.06.2017 - "The sector which was held responsible for the pullback in equities in the last two weeks is driving indices to record highs," said Hussein Sayed, chief market strategist at FXTM said. "Suddenly valuations are no longer a worrying factor, and Fed tightening is less of a concern. It seems like bargain hunters were waiting for the opportunity to dive in."

                    The original article can be viewed on Reuters: Wall St. set to open flat as fall in oil prices weigh

                      The Telegraph
                      20.06.2017 - FXTM Research Analyst Lukman Otunugasays it is becoming clear that the rising fears of Brexit negotiations negatively impacting economic growth continues to weigh heavily on sentiment while prolonged periods of uncertainty has ensured Pound weakness remains a recurrent theme.

                      The original article can be viewed on The Telegraph: Pound sinks to one-week low after Bank of England governor Mark Carney says now is not the time to raise interest rates

                        Marketwatch
                        20.06.2017 - “Although the ongoing uncertainty over Brexit talks and political uncertainty in the U.S. may support the commodity in the medium to longer term, short-term bears still remain in control below $1,260,” said Lukman Otunuga, research analyst at FXTM. “From a technical standpoint, gold is pressured on the daily charts, with bears eyeing $1,240.

                        The original article can be viewed on Marketwatch: Gold ends at 5-week low as Fed comments fuel bets on further interest-rate hikes

                          Reuters
                          19.06.2017 - "With political instability in Westminster placing the UK in a vulnerable position and Conservatives in a weaker position following the election, the outcome of the Brexit talks may heavily depend on what Europe wants," said FXTM analyst Lukman Otunuga. "Although the prospect of a soft Brexit has the ability to support sterling, I feel the currency remains vulnerable to further downside amid the confusion and ongoing uncertainty that Brexit presents."

                          The original article can be viewed on Reuters: Sterling slips as Brexit talks get underway

                            Marketwatch
                            19.06.2017 - “Although the prospect of a soft Brexit has the ability to support sterling, I feel the currency remains vulnerable to further downside amid the confusion and ongoing uncertainty that Brexit presents,” said FXTM research analyst Lukman Otunuga in a note. “From a technical standpoint, the [pound-dollar pair] still remains under pressure on the daily charts. Repeated weakness below the pivotal 1.2775 should encourage bears to target 1.2600,” he said.

                            The original article can be viewed on Marketwatch: Dollar rises as Fed’s Dudley strikes hawkish note

                              Marketwatch
                              15.06.2017 - However, “markets were surprised by the hawkishness in the policy statement and Chair Janet Yellen’s press conference. Even though projections for inflation were lowered to 1.6% from 1.9% in 2017, the dot plot didn’t change,” said Hussein Sayed, chief market strategist at FXTM, in a note. “It seems the Fed is no longer as data dependent as before and wants to carry on with the [policy] normalization process despite weakness seen in some economic releases. Yesterday’s CPI and retail sales were both disappointing but didn’t seem to worry Yellen,

                              The original article can be viewed on Marketwatch: FTSE 100 slides as consumer spending, central bank concerns take hold

                                The Guardian
                                14.06.2017 - FXTM research analyst Lukman Otunuga explains: Currency investors remained cautiously optimistic over a softer Brexit following last week’s UK election outcome, resulting in a hung parliament. Although the political uncertainty in the UK and pending Brexit negotiations are still in focus, much attention will be directed towards the UK jobs report this morning.

                                The original article can be viewed on The Guardian: Pound rises ahead of UK unemployment data and US interest rate decision

                                  Daily Mail
                                  14.06.2017 - The yuan spot rate found comfort marginally stronger than the 6.8 per dollar level, Lukman Otunuga, Research Analyst at FXTM said. "The USDCNY remains at risk of trading lower if the Federal Reserve adopts a cautious tone in Wednesday's FOMC meeting," he added.  

                                  The original article can be viewed on Daily Mail: China's yuan firms ahead of Fed move, market split on PBOC's response

                                    CNBC
                                    14.06.2017 - "Regardless of the current upside gains, the British pound remains vulnerable to heavy losses with the outlook tilted to the downside aspolitical instability in the U.K. weighs heavily on the currency," FXTM Research Analyst Lukman Otunuga said in a Tuesday evening note. The hung parliament result following the U.K. election might have prompted optimism for a softer Brexit, but the sterling remained "overshadowed" by instability in Westminster, Otunuga added.

                                    The original article can be viewed on CNBC: Asia closes mostly lower following release of China industrial data; Fed awaited

                                      Marketwatch
                                      14.06.2017 - “Geopolitical risks [are] leading the direction,” said Hussein Sayed, chief market strategist at FXTM, in a note Tuesday. “The dollar fell to its lowest levels in six weeks against the yen. This shouldn’t be surprising given the scale of event risks this Thursday.”

                                      The original article can be viewed on Marketwatch: Dollar drops against yen as traders seek safety amid geopolitical fears

                                        14.06.2017 - Although a hung parliament has heavily restricted May’s ability to deliver the hard Brexit that some had feared, and has even sparked optimism for a softer exit from the European Union, Sterling continues to be overshadowed by the current instability in Westminster, said Otunuga.

                                        The original article can be viewed on The Independent: Its all about the Sterling in UK’s political instability