Sherif Hasan / Profil

USD/JPY showed some movement last week, but closed almost unchanged at 102.46. This week has seven events. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. The yen settled down last week, after posting strong gains after the Brexit vote...

GBP/USD posted sharp gains last week, dropping over 200 points. The pair closed at 1.3246. This week’s highlights are PMI reports and Manufacturing Production. Here is an outlook on the major market-movers and an updated technical analysis for GBP/USD...

The Canadian dollar enjoyed a strong week ,as USD/CAD fell 160 points. The pair closed at 1.2868. This week’s key event is Employment Change. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. Canadian GDP posted a small gain of 0...

G’day, forex mates! Another RBA statement is heading our way this Tuesday (July 5, 4:30 am GMT), so get up to speed on how the Australian economy is faring by reading up on another edition of my Economic Snapshot...

Welcome to the second half of the year! Can you believe we only have another six months to go this year? Let’s take a quick look at the major economic themes that rocked the forex markets in Q2 2016 to complete your H1 2016 analyses...

Investors are still in the process of sorting out the ramifications of the surprise pro “Brexit” vote which created extreme volatility in the markets...

AUD/USD had an uneventful week and posted modest gains. This week’s highlights are Retail Sales and the Cash Rate. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. There were no major Australian releases last week...

The New Zealand dollar was surprisingly resilient in the week after Brexit. Can it continue higher? The dairy report is the main event. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. New Zealand’s trade balance came out better than expected with 358 million...

EUR/USD wobbled in the post-Brexit week, but basically did not go too far. More PMIs as well as the postponed ECB meeting minutes are eyed. Will EUR/USD choose a new direction? Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD...

Some good economic news coming in from the US: the ISM Manufacturing PMI beat with 53.2 points, better than 51.3 expected. The manufacturing sector, which usually lags behind services, is bouncing back...

Markets continued to wobble in the post-Brexit week, with recoveries seen in many currencies. The first full week of July features the buildup to the US Non-Farm Payrolls, the Fed’s meeting minutes and key speeches among other events. These are the market movers on forex calendar...

The Australian election, held on Saturday, has still not been called, it is too close. Here are the facts: To form a majority government a party needs to win 76 seats Each of the major parties has won 67 seats so far 5 seats have been won by minor parties or independents so far...

The Australian national election polling booths have now closed 2 July PM Malcolm Turnbull and opposition Labour Party leader Bill Shorten both say they are confident of a victory but concede the result could be tight Malcolm Turnbull ,the leader of Australia's conservative Liberal Party-led Coal...

Another awful tragedy being reported by the BBC and others 2 July 2016 20 people, all of them foreigners, were killed during an attack on a cafe in Dhaka, Bangladesh, officials say...

So often, a good trading plan is ruined by sub-optimal execution. Sometimes we can identify great trends with strong underlying fundamentals, only to join the trend when it's about to end...

Jens Weidmann, head of Germany's central bank (the Bundesbank) says "The Brexit vote is no reason to loosen budget rules" Weidmann was speaking in an interview with 'Focus' magazine...

S&P up 3.22% on the week. The US major indices are closing the week up nicely. The gains are the best for the year. Leading the way is the NASDAQ composite index had up 3.28%. The S&P index rose by 3.22% and the Dow industrial average was up by 3.15...

Weekly positioning data from the CFTC for Forex futures as of the close on June 28 EUR 62K short versus short 61K last week. Short increased by 1K GBP 43K short versus short 52K last week. Shorts cut by 9K JPY 60K long versus long 52K last week. Longs increased by +8K on the week...

Early signs of stabilization in drilling There were 330 oil drilling rigs operating in the US last week. We will get the latest update at the top of the hour. The numbers fell almost constantly since August 2015 until recently as the number fell to a low of 316 from 675...