Sherif Hasan / Blog
Today’s session is expected to be uneventful with bank holidays in France, Germany and Switzerland and no significant economic data due until Empire State Manufacturing Index during the NY session...
Forex Factory is probably one of the best known calendars available to retail traders, and this post will help you to understand how to use this tool in your trading...
Recently we received a question from one of our members asking if it is ok to use trend lines for her trading entries after she determined sentiment and direction from the news...
During the early Asian session, the RBNZ released their biannual Financial Stability Report. In it, the Bank expressed continued concerns over Auckland’s rising housing market and also low dairy prices...
The USD remains a bullish currency in the longer-term, however the lack of a confirmed rise in core inflation and a cautiously neutral Fed have induced bearish sentiment on the USD in the short term. Dollar weakness is likely to continue until we get some solid tier one US data...
As is usual for Monday, data events are few and price action is subdued. Ahead we have Factory Orders from Germany, CPI from Switzerland, and House Price Index from the UK – none of which are expected to have any notable impact. Start your week with my prepared most recent currency update below...
Today is a bank holiday in the UK which means volumes are expected to be very light. The London session is light on economic data too. Start your week with the currency update below...
US oil production data from the EIA Oil production fell to 9.129 mbpd from 9.180 mbpd in February, according to the EIA. That's 51,000 bpd decline, or 0.6%. Compared to a year earlier, production is down 3.4%. The numbers are laggy compared to the weekly data, also produced by the EIA...
There is no trade call for the London session. Start your week with my prepared currency update below. Currency Update USD: CPI for March slightly missed estimates with Core dropping to 2.2% y/y from a prior of 2.3% and for the month, missing estimates at 0.1% versus 0.2% expected...