Sherif Hasan / Profile

Russian hackers stole databases and completely compromised systems The Washington Post is reporting that Russian spies gained total access to top Republican and Democratic computer systems and databases...

Retail sales weren't strong enough to trigger Fed fears Gold is slightly lower after four days of gains and six day in the past seven. The climb began after a weak non-farm payrolls report pushed back expectations for a Fed rate hike...

European stock market close 14 June 2016 FTSE -2.0% Cac -2.3% Dax -1.4% Ibex -2.1...

The FOMC decision is at 2 pm ET (1800 GMT) on Wednesday The WSJ has 5 things to watch for at the Fed meeting. The assessment of the domestic economy will likely downgrade employment Brexit worries are likely to be address in the statement or press conference Sliding inflation expectations...

The USD remains a bullish currency in the longer-term, however the latest NFP report in addition to Brexit contagion risks, have seen bearish sentiment on the USD. Whether this USD sell-off continues or not will depend on incoming data and Fed’s members perspective of that data...

As of 2016, China is the largest economy in Asia and the world’s second-largest economy in terms of nominal gross domestic product (GDP) at approximately $11 trillion. Although China’s GDP grew at 6.9% in 2015, this was its lowest growth rate in 25 years...

Schweizerische Nationalbank, or Swiss National Bank (SWX: SNBN), Switzerland's central bank, is responsible for conducting national monetary policy in pursuit of a stable price environment broadly beneficial to the country and conducive to economic growth...

The trend of weakness in corporate earnings is likely to continue in 2016. The most recent corporate earnings report from the Bureau of Economic Analysis for the first quarter showed after-tax profits down 3.6% from the first quarter of 2015. A negative 3...

PIMCO's forecasts call for 5.5 to 6.5% growth in Chinese gross domestic product (GDP) in 2016. This figure is above the global average but substantially lower than China's performance over the preceding decade...

A burning question that arose in the aftermath of the February 2016 G20 meetings in Shanghai is whether the G20 members secretly instituted a "Plaza Accord" agreement to intervene and stem the rise of the U.S...

Central banks will be in focus this week with the Federal Reserve, Bank of Japan, Swiss National Bank, and Bank of England all due to announce their latest monetary policy decisions. As always on Mondays kick start the week with my prepared currency update below...

So says Bank of France governor and ECB governing council member Villeroy speaking to Welt am Sonntag 12 June 2016 primarily the BOE would have to respond to possible Brexit "but if necessary the ECB is ready to act" Brexit would have consequences for London as financial centre Joint intervention...

Commerce Ministry out earlier with China's May Foreign Direct Investment data 12 June 2016 +6.0% prev yuan 56.77 bln ($8.89bln) Jan-May yy +3.8% yuan 343.55 bln ($54.19bln...

UK bookmaker listening to the opinion polls 11 June 2016 previous implied volatility 78% The move comes after yesterday's ORB poll for The Independent newspaper that Greg reported, showing the Leave vote ahead on 55% vs Remain 45...

Chinese data being released Sunday 12 June 2016 Just a heads up that we have Chinese industrial production amongst other data coming out at 05.30 GMT on Sunday. We'll post it up here so that you'll be set and ready for any impact on the Asian opening. Here's the expectations...

Your visual and audio perception are your keys to rapidly interpreting information about happenings in the foreign exchange market. This is why you need a decent setup which includes enough screen real estate to see both the numbers and the charts, a low-latency audio feed and high-speed internet...

What maintains the trend on a currency i.e. how can we differentiate between when a pair will rally and then sell off and when a pair will rally and remain at new highs...

As you know I trade fundamentals, which is what I encourage my students to do; follow the news, interpret the news and trade the currencies in line with the trends in which they are moving. However one of the questions we’ve had a few times is do I ever trade against the fundamentals, i.e...

I split risk management into two parts the first part is financial so for example you don’t want to risk losing too much, you don’t want to risk losing your entire account don’t risk too much per trade because it can have an adverse financial impact, this is the obvious aspect of risk management...