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Akhtar Faruqui provides in-depth coverage of currency exchange rates, economic data, and investment analysis. Given the heavy reliance on cited data and investment analysis, pitches should offer unique insights or analyses backed by credible sources to catch his attention.
Due to the extensive focus on currency exchange rates and economic data from various countries such as the United States, Germany, Australia, etc., experts with a deep understanding of global finance and economics may find success in reaching out with relevant insights into market trends or impacts of economic indicators.
Considering Akhtar's broad coverage across different currencies and economic regions including US, UK, Australia among others; any pitch aimed at catching his attention should be well-researched with comprehensive financial analysis that aligns with his established areas of interest.
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By: Akhtar Faruqui
NZD/USD gains ground for the second successive day, trading around 0.5810 during the Asian hours on Tuesday. Technical analysis of the daily chart suggests the spot price is moving sideways within a rectangle pattern, reflecting a period of market consolidation and indecision.
By: Akhtar Faruqui
USD/IDR extends its winning streak for the fifth successive day, trading around 18,200 during the Asian hours on Tuesday, nearing the all-time high of 18,247 reached in the previous day.
By: Akhtar Faruqui
EUR/JPY extends its gains for the second successive day, trading around 184.90 during the Asian hours on Tuesday. The currency cross holds gains as the Euro (EUR) remains stronger following the release of Industrial Production and Trade Balance data.
NZD/USD remains stronger for the second successive day, trading around 0.5830 during the early European hours on Tuesday.
By: Akhtar Faruqui
XAG/USD extends its gains for the second consecutive day, trading around $68.60 per troy ounce during the European hours on Tuesday. Silver is retaining a bearish near-term bias as it holds below both the nine-day and 50-day Exponential Moving Averages (EMAs).
USD/CAD halts its four-day winning streak, pulling back after reaching a two-month high of 1.39613 in the previous day and trading around 1.3940 during the European hours on Tuesday.
AUD/USD extends its losses for the second successive day, trading around 0.7020 during the Asian hours on Wednesday. Traders will likely await the release of Consumer Price Index (CPI) and Producer Price Index (PPI) data for May from China, Australia’s close trading partner, due later in the day.
West Texas Intermediate (WTI) oil price experiences volatility after registering over 2.5% losses in the previous day, trading around $87.40 per barrel during the Asian hours on Wednesday.
USD/CAD inches higher after posting minor gains in the previous day, trading around 1.3950 during the Asian hours on Wednesday.
By: Akhtar Faruqui
USD/CHF extends its gains for the fourth successive day, trading around 0.7990 during the Asian hours on Wednesday. The pair may further appreciate as the safe-haven demand could support the US Dollar (USD), which could be attributed to the renewed Middle East tensions.
