Little change in NZD after CPI


NZD/USD is still trading around .7800/10 after fairly benign CPI data showed that inflation is…

EUR/USD: Still plenty of big orders either side of 1.30/1.31


Like I reported yesterday, there is plenty of interest either side of the EUR/USD. The bids were…

Asian central bank selling NZD


Our hedge fund insider @FXWW888 is reporting On Twitter that ACBs have been seen selling NZD/USD…

AUD/USD: Short-term market smells bit short


Quick spike above .9100 after Chinese GDP came in as expected which suggests that the short-term…

EUR/USD: Decent orders either side of 1.30/1.31


Dealers say that EUR/USD orders are already quite solid which is unusual for a Monday morning. Bids…

AUD/JPY will be another to watch on Monday morning


There is major technical support 89.00/50 (see chart) and I'm guessing that there will be plenty of…

Macros were big GBP/AUD buyers over last 24 hours


Prime brokers report that big macro funds started bailing out of GBP shorts and into AUD shorts…

EUR/USD: Wild wild short-covering


The market loves to be short EUR/USD but they're getting well and truly hammered this morning…

AUD/USD: Stops going off above .9250


The USD bulls are in for a torrid day it seems! Next resistance in the AUD/USD is at .9340.

Modest NZD selling noted in early trade


There isn't much going on this morning with only some modest NZD selling to report from the…

JPY session outlook: Looking to AUD/JPY for leads


Market is not expecting any major developments from BOJ minutes. Big Japanese players were noted…

AUD session outlook July 10th; short-covering picking up pace


The market has sold a lot of AUD/USD in recent weeks and the big question is, where will the big…

AUD: Heavy short-covering taking place


Reports of heavy AUD short-covering against the USD, JPY and CHF. A lot of traders have been…

EUR/CHF: European hedge funds buying again in early trade


Exactly the same as yesterday, Swiss-based hedge funds have been buying the cross in early trade.…

EUR/JPY: Stops triggered above 130.20


Our hedge fund insider @FXWW888 is reporting that stops are currently being triggered above 130.20…

GBP: Still looking soft on the crosses


EUR/GBP has had two daily closes now above .8600 prior resistance and the tendency would seem to…

Going with the trend is the new contrarian play!


Interesting to read some comments from our hedge fund insider @FXWW888 who says that most traders…

Major banks maintaining their bullish USD stance


I've just read through the weekend reports from a few of the major banks and they are all still…