October 29, 2012
Asian market headlines
Asian stocks slightly higher ahead of tomorrow's BOJ meeting: US stock markets to stay closed…
October 29, 2012
Yen crosses under mild pressure as session gets underway
EUR/USDGBP crossesFlows and OrdersJPY crosses
The market is still probably quite short of Yen across the board and we are seeing further profit…
October 26, 2012
Ranges to watch in early Friday trade.
AUD,NZDEUR crossesEUR/USDUSD/JPYJPY crosses
Obviously the Yen crosses are the main ones to watch: USD/JPY: Reports of a barrier at 80.50 and…
October 25, 2012
EUR/USD orders: Sell orders reported at 1.3015
First reports of any decent interest with sell orders reportedly solid near 1.3015/20.
October 24, 2012
EUR falls again after IFO: Next support at 1.2890
Quite a nasty fall across the board for the EUR, after poor PMI and IFO. Next risk event is Draghi…
October 24, 2012
Intervention continuing in Asian currencies; should be EUR/USD positive over time
The MAS bought around $2billion on one day recently at 1.2200 and have been regularly intervening…
October 24, 2012
Quick look at EUR/USD and USD/JPY
USD/JPY is still holding up well despite huge offers at 80.00 and trailing stops building below…
October 23, 2012
Very slow going in early Europe; best we get used to this!
I'm afraid that we may be in for extended quiet periods in the market and its hard to know where…
October 23, 2012
Cable: Sovereign buyers reported starting at 1.5970
EUR/USDGBP crossesFlows and OrdersAUD,NZD
These buyers have been very patiently sitting at the same level for quite some time now and the…
October 23, 2012
EUR/USD: Plenty of downside stops now building
Last week we were in stop-loss hunting mode on the topside and I expect the market to continue in…
October 22, 2012
EUR/USD: First reports of some selling interest
Interbank dealers report decent-sized offers starting at 1.3065 through 1.3080.
October 21, 2012
EUR/USD outlook, week October 22nd: Likes range-trading, wants to go higher, but is overbought
The latest EU summit has finished as expected with no major initiatives being announced. The…
October 19, 2012
EUR/USD pops up 15 pips after EU summit delivers the usual (nothing)
Maybe we get a chance to sell first then? It might be worthwhile selling near 1.3100 looking for…
October 19, 2012
That didn’t take long! On to the next batch of stops I suppose.
Easy pickings for the European heavy hitters and the stops below 1.3050 have been done. Next batch…
October 19, 2012
EUR/USD: Stop-loss sell orders below 1.3050
There must be some decent buying interest ahead of there keeping them safe but I expect Europe will…
October 19, 2012
EUR/USD session outlook
The break back below 1.3080 will have dampened bullish momentum so I'm expecting a session of…
October 18, 2012
EUR/AUD: Bit of buying going through the market
EUR/USDFlows and OrdersAUD,NZD
Decent enough flow just reported in EUR/AUD with a Swiss name buying the pair from around…
October 18, 2012
EUR/USD: Order interest 1.3070/80
Light stops reported below 1.3080 but solid bids also seen (1.3065/70). Check the members section…