Akhtar Faruqui

Akhtar Faruqui is a seasoned financial analyst with expertise in Forex risk management and interpretation of economic data and monetary policy. Based in New Delhi, he currently serves as a Forex Analyst at FXStreet, providing valuable insights into the fundamental factors influencing markets through his articles. Akhtar holds a Post Graduate Diploma in Management from MIT School of Distance Education in Pune, India.

Biography:  https://www.fxstreet.com/author/akhtar-faruqui

76%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

75%

Examples:

  • Contradictory statements about the Japanese Yen's performance despite interventions by Japanese authorities.

Conflicts of Interest

50%

Examples:

No current examples available.

Contradictions

80%

Examples:

  • Data has painted a middling picture of the Japanese economy, which contracted in the first quarter of 2024.
  • The BOJ kept interest rates unchanged and had no immediate plans to tighten policy further at its June meeting.
  • The yen remained under pressure despite the warning from Japanese authorities.

Deceptions

100%

Examples:

No current examples available.

Recent Articles

Japanese Yen Holds Ground Against US Dollar: BOJ Ready to Intervene Amid Uncertainty

Japanese Yen Holds Ground Against US Dollar: BOJ Ready to Intervene Amid Uncertainty

Broke On: Monday, 24 June 2024 Amid economic concerns and potential interest rate differentials, the Japanese Yen holds steady against the US Dollar. BOJ and Ministry of Finance officials prepare for intervention if necessary, with Masato Kanda ready to act around the clock. The US Dollar Index edges higher as Fed delays first interest rate cut in 2024, contributing to yen weakness. BOJ closely monitors inflation and economic readings while considering raising interest rates.
Australian Dollar Loses Ground on Soft CPI Data, RBA May Cut Interest Rates Sooner Than Expected

Australian Dollar Loses Ground on Soft CPI Data, RBA May Cut Interest Rates Sooner Than Expected

Broke On: Wednesday, 27 March 2024 The Australian Dollar has lost ground on softer-than-expected monthly Consumer Price Index (CPI) data, which fell slightly below the expected 3.5% in February. The annual rate of inflation remained steady at 3.4%, but it is on track to fall faster than the Reserve Bank of Australia (RBA) anticipated, potentially opening up an interest rate cut.