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Author

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

Dollar Steadies Ahead Of U.S. Data

Shady Fouad
The Dollar Index, which tracks the US currency against a basket of six other currencies, fell slightly after earlier reaching its highest level since May 14 at 105.17, following a 0.5% gain in the previous session. A series of economic…
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BofA See Weakness In Dollar

Shady Fouad
Bank of America (BofA) has highlighted several factors contributing to potential headwinds for the US dollar (USD). The bank pointed to recent negative surprises in US economic data and increasing positive sentiment towards the Chinese…
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BOJ Policymaker Hints A Rate Hike

Shady Fouad
Bank of Japan board member Seiji Adachi said on Wednesday that the bank might raise interest rates if sharp declines in the yen lead to increased inflation. In a speech, Adachi stated that while short-term currency movements alone would…
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