Fawad Razaqzada

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Last quote by Fawad Razaqzada

At the moment, the dollar remains in correction mode, which we had fully expected.
Mar 17 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Fawad Razaqzada is associated, including Fed and U.S.. Most recently, Fawad Razaqzada has been quoted saying: “At the moment, the dollar remains in correction mode, which we had fully expected.” in the article Dollar continues slump, but outlook still upbeat.
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Fawad Razaqzada quotes

Gold and silver prices have taken a big plunge on the back of falling bond prices and rallying U.S. dollar since the release of the FOMC's last policy meeting minutes ... and the accompanying hawkish commentary from several Fed officials.

Most of the negative news is in the price and for oil prices to weaken materially, something big would have to happen. Given this backdrop, and the potential for an oil-freeze deal this month, the global supply-demand imbalance is likely to fade as we progress towards the latter part of this year.

Silver has already eroded a couple of bearish trend lines and has broken above some key resistance levels too.

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