EUR/JPY: Reports emerging on where the large trailing stops are placed


Prime broker reports suggest that many of the really big EUR/JPY long positions are getting a bit…

EUR/JPY continues its yo-yo week


From 124.50 on Friday last, to 121.50, to 124.00, to 122.00, to 124.50 and back to 122.30. EUR/JPY…

Cable: Large expiries at 1.5100 today


This will act like a magnet as prices tend towards the strike price if the amount is big enough.

Cable orders: Still plenty of shorts out there


I wouldn't be at all surprised to see another push higher in the cable during London trade, with…

AUD: Much will depend on what happens in AUD/JPY


AUD/JPY is again fast approaching the important physical and psychological barrier at 100.00.…

USD/JPY: Should stay range bound 94.60/95.40


Hedge fund offers start near 95.25 through 95.50 as big players continue to book healthy profits.…

Cable bids reported near 1.5060


The London interbank market is reporting solid bids near 1.5060. I'm done for another day, good…

EUR/GBP: Flow guy reckons we should see good two-way flows


His GBP info in recent weeks has been criminally good and hopefully it stays that way for EUR/GBP.…

Little or no change expected from FOMC statement tomorrow


Most of the big banks are agreed that Mr Bernanke won't be making any major changes this time,…

AUD/USD: Local hedge fund sells above 1.0390


One of the big Asian banks put out a bearish piece on the AUD in the last few hours and one of our…

USD/JPY takes out overnight highs but more sell orders reported


Quite heavy turnover today in USD/JPY with Japanese buyers working through hedge fund offers. There…

JPY interbank flow reports


Hedge funds are currently buying back Yen short positions, mainly against the EUR and the USD.…

Early morning snippets


USD/JPY: So-called 'clever money' seen selling at 95.00 and 95.50 overnight. BOJ changing of guard…

EUR/USD: Trailing stops building above 1.2930


Technical support is at 1.2870/75 and that is likely to attract some bids, with the liklihood of…

EUR/USD: Barrier protection at 1.2900


A local hedge fund tells me that there was talk on Friday of a barrier at 1.2900 which looks to be…

Trading opportunities on Monday morning


I'm not expecting much volatility on Monday morning but those with early interbank access can…

Cable: If you’re looking for a place to sell….


My old friend the flow guy has resurfaced again and he reckons that some of the big players are…

EUR/USD: Large buying interest reported towards 1.2900


I know it's quite a ways away but its good to know where the big buy orders are reportedly…