FXTM Company News

FXTM’s Chief Market Analyst, Jameel Ahmad recently travelled to Malaysia where he was interviewed by a number of prestigious top-tier publications, including Bloomberg TV Malaysia. Jameel also hosted a highly successful FXTM media roundtable event, which was attended by over 30 journalists and a further 5 TV stations. Our Chief Market Analyst delivered a presentation on the current outlook of the global currency markets, while also sharing his insights on the recently increased volatility in the Malaysian Ringgit.  

The media roundtable event was highly participative, with the audience asking for his opinions on a variety of subjects. This included the global currency landscape as we entered 2015 and the Malaysian economy.

Topics covered during the discussions included:

• Why Jameel thought the USD would be vulnerable to profit-taking as we enter the second quarter of 2015
• The outlook for the Ringgit over the upcoming months
• The decline in the price of oil and unexpected movements in central bank policy
• The US Federal Reserve and what impact raising US interest rates would have on the Ringgit
• When Jameel thought the Federal Reserve would begin raising US interest rates
• The future outlook for Gold
• Whether the price of oil could rebound and what impact this could have on the Ringgit
• How concerns about China’s economy slowing would impact the economy of Malaysia
• What impact the unexpected Ringgit weakness could have on Malaysia’s economy
• Whether foreign investors could be more attracted to Malaysia following the recent weakness in the Ringgit

We are happy to announce that once again and in agreement with your feedback, we will be lowering the stop-out level on our ECN servers from the current 60% to an improved 50%.

The new stop-out level will take effect starting Monday the 18^th of May, 2015.

Lowering the stop-out level will provide you with more freedoms when developing your trading strategy among other advantages such as:

• The ability to sustain a higher drawdown while not being stopped-out
• The opportunity to maintain open orders with greater volume
• Increasing your chances to recover from an unfavorable position

For further information or assistance with your trading account please contact the Client Services team via live chat or by calling +44 203 734 22 55.

Discover what opportunities the market holds each day. Get insights from our market analysts on what drives the currencies and plan ahead with market commentary on the upcoming trading sessions. All that and more now available for free at FXTM!

In our new effort to keep you up-to-date with the economic events and all the underlying forces that drive the markets, we have recently launched a daily market analysis blog directly on our website.

Our Chief Market Analyst, Jameel Ahmad, frequently quoted by leading financial media channels across the world including Reuters, the Guardian and Bloomberg, will be providing first-rate fundamental analysis news in this new dedicated section which will be available to all visitors for free!

Among our award-winning education program, helpful tools and calculators and this brand new blog, we aim to provide you with an all-inclusive suite of valuable information on all that is forex.

Check out our new Market Analysis section!

ForexTime (FXTM) would like to inform you that on Friday, May 1^st, 2015, the operating hours of several markets will be subject to changes in observance of the Labour Day holiday.

Please take into consideration that the trading schedule for the following instruments will be affected:

Please note that in the event of decreased liquidity in the market, FXTM can switch trading on low-liquidity instruments to close-only mode or can close all trading on these instruments without prior notice.

Are you a website owner/admin and interested in new ways to enhance your website’s value and enjoy additional rewards? FXTM would like to let you know that you can now use our sophisticated forex widgets and calculators, customize them to your liking and embed them to your website to attract more visitors interested in the markets.

Why use the FXTM Widgets?

Jameel Ahmad, our Chief Market Analyst has recently attended a media roundtable with key media influencers in the MENA region, held presentations at the 14^th MENA Forex Managed Funds & Investment Show and featured in an interview on CNBC Arabia!

Our VP for the Middle East, Mohammad Amer also participated with Jameel Ahmad at the media roundtable deliberations, discussing the most important economic events and answering questions from the foremost financial media in the region and abroad.

Source: Al Bayan daily newspaper, Dubai

Arabic media journalists focused our speakers’ attention on the local economy as well as on the current state of the forex industry.

Key points raised during the discussions:

• the competitiveness of the UAE Economy considering AED is currently pegged to the USD
• the SNB’s infamous decision and its effect on the forex industry
• FXTM’s expansion and its market share by region

Source: Al Bayan daily newspaper, Dubai

A roundtable with representatives from international news channels was also held to facilitate debate regarding the financial state in Europe and:

• the strengthening of the US Dollar and whether it reached its peak
• the impact of the upcoming general election in the UK on the currency market
• the impact related to the Greek debt
• the Central Bank monetary policy and the divergence between the Federal Reserve and other Central Banks
• the effect the plunging oil prices have had on the global economy

Our Chief Market Analyst’s fresh outlook on current economic affairs was also greeted with an invitation to the “Bursat Show”, the first and most prominent source of finance and business news in the Middle East, featuring personalities who define the business landscape of corporate Arabia. The show is hosted by the leading financial news channel in the region, CNBC Arabia with Business News Anchor, Mr. Hussein Al Sayed.

You can check out the “Bursat Show” interview segment with Jameel below.

We would like to thank all journalists for their warm welcome and interesting questions and all those who participated in the 14^th MENA Forex Show and attended the presentations!