USD/JPY the first mover and risk trades could follow


As expected, the prospect of an Obama win has led to USD/JPY positional squaring. Once the result…

Professional market positioning turns short EUR again


The biggest position amongst professional players at the moment is short EUR, according to data…

FX market still in stop-loss mode: Positioning light ahead of election results


My main feeling at the moment is that the market is still in stop-loss hunting mode. Yesterday we…

EUR/USD: Sovereign bids holding for now


These bids at 1.2765 have been on the books since yesterday and so far they are scaring the bears…

Spanish PM on the newswires: Many opinions on possible bail-out


The EUR has dipped slightly on the Dow Jones headlines: sustained high yields would lead to…

USD/JPY: More stops below 79.90


I thought we might be done but seemingly not, with more stops reported below 79.90. (Edit) EUR/USD:…

EUR/USD: Analysis for European open


This is the latest analysis from Chifbaw.com and you can visit their website for full details.…

EUR/USD tends to move sharply on London open


Very recent history, ie the last few trading sessions, suggests that EUR/USD is likely to go for a…

EUR/AUD: Should be worth a risky intraday long near 1.2222


     There is a minor daily low at 1.2230 and a 50% retracement at 1.2220, so if you like all the…

EUR/USD: Stops targeted and triggered below 1.2800


Sharp sell-off into early Europe was caused by stop-loss orders being triggered below 1.2800.

EUR/USD intraday analysis November 5th


This is courtesy of Iridium and you can visit his website at chifbaw.com: "Regarding EUR/USD, here…

EUR/USD: Look for sharply increased volatility this week


We've had a number of weeks of sideways trade but that's about to end in my opinion, so forget…

US election: If you believe the bookies, an Obama win is all but assured


'Follow the money' the old saying goes and in this case the money is following President Obama to…

USD/AXY: Up to $6 billion bought during intervention this week


The scale of intervention is having some small success, with today's late move higher in the USD…

EUR/USD: Big European banks mention stops below 1.2875


I'm presuming that they are quite sizeable. Still hearing reports of bids at 1.2865/70. Might be…

Dealers complaining about pathetic liquidity


Nobody is playing according to interbank dealers and liquidity is very poor indeed it would seem.…

EUR/USD: Hit again by late liquidation


Dealers say the latest drop is attributable to more long liquidation ahead of the weekend in fairly…

USD/AXY: No sign of any intervention today


Central banks and their agents have been very active this week in USD/HKD, USD/SGD and USD/KRW but…