January 17, 2013
JPY and CHF still providing the most volatility
Flows and OrdersAUD,NZDJPY crossesEUR/USDEUR crosses
The GBP did come under some selling pressure in early Europe, mainly on the back of GBP/CHF selling…
January 16, 2013
Still like the look of the EUR crosses
Trade IdeasFlows and OrdersEUR crossesTechnical AnalysisEUR/USD
EUR/CHF should continue to be the lead pair and reportedly gigantic optionality at 1.2500 should…
January 16, 2013
EUR/CHF: Super heavy optionality at 1.2500
Flows and OrdersOthersEUR crosses
Reports from the interbank options market say that this is the big level to watch and is likely to…
January 15, 2013
EUR/USD orders: Trailing stops and heavy bids
Still same reports as earlier today, trailing stops below 1.3320 and again below 1.3295, with bids…
January 15, 2013
Cable: 1.5950 is big level to watch
Many of the so-called structural stops are reportedly below 1.5950; options book will start more…
January 15, 2013
EUR/USD: Bank research still suggests move to 1.36+
Flows and OrdersEUR crossesEUR/USD
This research has been very consistent over recent weeks, suggesting that overall flows favour a…
January 15, 2013
The day ahead in the FX market, Tuesday January 15th
JPY crossesFlows and OrdersAUD,NZDEUR crossesOpen/WrapEUR/USDUSD/JPY
Not much of note on the economic calendar after Mr Bernanke's Q&A this morning: We may see…
January 14, 2013
EUR/USD orders update
Light trailing stops below 1.3325 and again below 1.3290: Heavy buying interest expected near…
January 14, 2013
EUR/JPY giving back this morning’s gains: 117.50 now support level
I know that's a long way away but we can expect heightened volatility for next few sessions. 120.00…
January 14, 2013
EUR/JPY: Decent-sized selling interest on interbank platforms
We talked this morning about 120 acting like a magnet and that's exactly what has happened, with…
January 14, 2013
AUD/USD: Stops triggered below 1.0525
Pretty hard to be very confident about being long AUD in the face of poor domestic economic data…
January 14, 2013
TD-MI Australian inflation gauge +0.4% MoM, +2.4% YoY
Quite a significant rise in this private measure of Australian inflation and the prospects of a…
January 14, 2013
Liquidity very poor in early FX market trade
Flows and OrdersJPY crossesAUD,NZD
Dealers aren't too enthusiastic this morning, complaining to anyone who will listen (only their…
January 14, 2013
EUR/JPY: Here we go again with another gap higher
We are getting used to these gaps now, and the market has just gapped from 119.20 to 119.70 in a…
January 11, 2013
EUR/USD pops in early Europe as dealers worry about stops higher up
European dealers undoubtedly sat down and looked at their order boards, to see a sea of stops above…
January 11, 2013
Yen crosses ease back off earlier highs
Flows and OrdersJPY crossesEUR/USD
EUR/JPY topped out near 118.60 during this morning's crazy period but has now settled back 117.90,…
January 11, 2013
AUD/USD: Solid sell orders near 1.0600
The barrier at 1.0600 is holding firm and there are plenty of other sell orders near there as well.…
January 11, 2013
USD/JPY: Barrier breached in thin late NY trade
Recent highs and a barrier at 88.50 have all been breached and stops have been triggered above…