PROFILE:
• Current Job: Chief Market Analyst at ForexTime (FXTM)
• Career: Worked as strategic research analyst for an international brokerage firm. Holds a BA (Hons) degree in Business Studies with Accountancy & Finance from the University of the West of England, Bristol, UK
View profile at FXStreet
Last week Jameel Ahmad, Chief Market Analyst at ForexTime (FXTM), visited our office in Barcelona and we conducted a special edition of our Conversations with Forex Experts with him.
Jameel predicts slow motion on the Fed rate hike pace and weighs the probable effects of a Greek deal: “other anti-austerity parties may want to run at politics and negotiate their own bailout programs”. He also limits the EURUSD upside to USD weakness.
The conversation brings us to the Aussie: “RBA's rate cut was the second biggest surprising move this year behind the SNB peg, and they will probably cut rates again this year”, forecasts Jameel. He also gives the long-term prospects on the GBPUSD and USDJPY and spots a key support level on the oil prices that, if taken, may awake some bears.
Play the video to watch the full interview.
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