Sherif Hasan / Blog
Here is who has reported: Honda sales +3.2% vs +9.4% estimate Volkswagen of America -22% GM sales -1.6% vs -0.7% estimate Ford sales +6.4% vs +4.9% estimate...
US Federal Reserve's vice chairman Fischer out on the wires 1 July 2016 will have better idea of conditions by July FOMC meeting we make our decisions one meeting at a time we've got to look over a longer horizon than a few months most of the data since May payrolls looking good...
UOB out with a client note/recommendations 1 July 2016 Courtesy of our friends at efxnews.com While our tech guru Greg is tied up on the ForexLive ACT course here's someone else's T/A for those of you so inclined...
EUR/USD dropped quite a bit on Brexit but showed some strength as well. It could further fall, say the people at BNP Paribas: Here is their view, courtesy of eFXnews: The still-elevated level of GBP volatility renders downside GBP structures very expensive after last Thursday’s UK referendum...
One week after the big Brexit crash and as a new quarter begins, it is time to lift our heads from the near term and look forward...
Not all is bad in the UK: manufacturing PMI has jumped to 52.1 points, showing growth in this beleaguered sector. The survey was made before the Brexit vote and therefore may be somewhat outdated...
EURUSD Daily Analysis EURUSD (1.109): EURUSD formed an outside bar on the daily session yesterday after QE and rate cut comments from the BoE Governor, Carney. The price action from the past three days shows a kind of consolidation taking place near the minor resistance level at 1...
The Australian and New Zealand dollar both weathered the Brexit quite well, but this may not be the end...
GBP/USD resumed its falls on Carney’s speech but there may be more to come, with sterling not falling alone: Here is their view, courtesy of eFXnews: Despite the sharp fall in GBP so far, we still see it as vulnerable to further declines...
Carny made a special appearance and offers easing during the summer as a reaction to Brexit. He makes a heavy hint that they will take a decision in August. This speech was scheduled only yesterday and is seen as part of the damage control. GBP//USD slips to 1.3330. Update: it already slips to 1...