May 23, 2013
AUD staying heavy in early Asia
AUD/JPY is trading toward the lower end of its consolidation pattern and a break below 99.30 could…
May 23, 2013
USD bulls still in control
Plenty of action around the time of the Fed overnight and I'm expecting plenty of volatility today…
May 22, 2013
EUR/AUD: Global macro fund massive buyer; finished now I believe
Flows and OrdersAUD,NZDEUR/USD
There was a very large buy order go through the EUR/AUD market during early London and a big global…
May 22, 2013
NZD/USD: Look for support near .8100/10
I'm hearing that there are some decent bids out of Asia in the NZD/USD near .8100/10.
May 22, 2013
EUR/AUD: Fresh air on topside; new technical target at 1.3800
Unfortunately I'm not long anymore but I'm sure I will get plenty of opportunities in coming weeks…
May 22, 2013
AUD/USD: Still prefer the buy-dip strategy in short-term
The AUD/USD is back below .9800 in reaction to some irrelevant consumer confidence data which will…
May 22, 2013
US 10-year yields close in NY near lows after volatile session
Much of USD moves in recent times have been driven by sentiment in the fixed income markets and US…
May 22, 2013
BOJ today, Mr Bernanke tonight
It should be a reasonably busy day and I expect that we will see plenty of ups and downs across all…
May 21, 2013
Cable rejects 1.5300 yet again
The USD bulls aren't going away any-time soon it would seem, and cable has rejected approaches to…
May 21, 2013
AUD/USD: Expect range trading on all timeframes
I don't see a major collapse happening in the AUD anytime soon, especially if the big Sovereign…
May 21, 2013
RBA: Didn’t say very much, AUD/USD back near .9800
Patient buyers were rewarded as AUD/USD dipped back to .9760 after the Amari comments and the RBA…
May 21, 2013
USD bouncing after Amari backtrack
The Japanese EconMin has backtracked to some extent on his weekend comments and this has led to…
May 21, 2013
FX market consolidates ahead of Bernanke tomorrow
No great surprise to see some profit taking by USD longs ahead of tomorrow's appearance by Mr…
May 20, 2013
Likely ranges to start the week
Flows and OrdersAUD,NZDEUR/USDUSD/JPY
EUR/USD: Major technical target at 1.2745 on downside and sell orders at 1.2950 on topside:…
May 20, 2013
EUR/AUD: Time to book some profit
I've been long this pair for quite some time but the failure to consolidate above 1.3200 suggests…
May 20, 2013
AUD opens slightly higher in quiet interbank trade
AUD,NZDEUR crossesUSD/JPYOpen/Wrap
Not a lot happening in early interbank trade although the AUD is slightly higher, most likely…
May 17, 2013
EUR/AUD: Spending a bit more time above 1.3200
I really think its pairs like this and GBP/NZD which we need to be focusing on (talking my book as…
May 17, 2013
EUR/USD: 1.2750 looms as pivotal support level
The EUR/USD has eased by around 25 pips in Asian trade, falling in sympathy with the AUD/USD more…