Very quiet Asian session ahead of risk events tonight


Absolutely nothing to report from today's 'excuse' for a trading session. AUD/USD took out light…

USD slightly higher across the board in Asian trade; shorts covering ahead of NFP


AUD/USD triggered those aforementioned light stops above 1.0415 but stalled exactly at the reported…

EUR/USD: Sovereign buyers reported below 1.2920


AUD/USD: Reserve managers buying 1.0310/20; solid offers still 1.0400 with stops above 1.0415:…

USD/AXY flows point towards further EUR/USD support


Asian central banks have been busy again with the Bank of Korea and the Hong Kong Monetary…

EUR: Factors affecting and general sentiment overview


Asian central banks have been buying EUR/USD firstly below 1.2900 and more recently near 1.2950.…

Update on overnight trades


You can follow all the details in the members section. The trailing stop on part of the EUR/GBP…

EUR/AUD trade update


The position has been reduced again as our trader feels he may have entered at less than attractive…

Looks like the SNB is done with its EUR selling, for now at least.


The EUR is also getting a lift after the latest SNB reserve allocation data was published (link is…

EUR/USD: Corporate sell orders reported just below 1.3000


Not sure on the amounts, but this source only usually mentions decent-sized orders. I'll keep the…

EU FinMins holding conference call later today


There is the possibility of a post-meeting statement around noon London time, so keep an eye out…

Professional market positioning overview: EUR shorts on increase again


I collate this data from 3 of the biggest prime brokers and one leading investment bank. In…

EUR/USD: Technicals and Sovereigns point higher


The danger with extended periods of range trading is that we go looking for reasons to break out…

EUR/AUD trade update


This interbank trader seems to be getting a bit aggressive in his old age. :) You can follow all…

EUR/USD: 50-day MA clearly above 200-day MA for first time in over a year


It was around this time last year that the 50-day MA last crossed the 200-day MA (bearish cross),…

EUR/USD: Sovereign names still buying dips below 1.2900


The amounts are not particularly large but for the last three days there have been reports of Asian…

Fresh EUR/AUD trade signal


One of our professional trade contacts, an interbank trader here in Asia, has just taken a fresh…

EUR bounces back as sellers lack momentum


The EUR has managed to bounce back across the board, with Sovereign dip-buyers and lack of news…

EUR/USD: Bit of Sovereign interest near 1.2900


Two Sovereign buyers reported at 1.2900 but the amounts seem to be relatively small; low so far at…