AUD/USD: Reducing my short position again


I've been short for a while now and even though the pair is looking quite heavy, recent experience…

I should’ve listened to Lefty!


My mate in hedge fund sales told me last night to buy USD, particularly USD/JPY, and that we will…

USD/JPY: Sell orders at 80.50, stops directly above


Bulls back in charge again and the market is eyeing stops above 80.50.

AUD/USD: Looks like the bids at 1.0350 were indeed very solid


The buy orders have been confirmed by the market price action and with an hourly low now set to…

AUD: Latest RBA FX reserve data confirms passive intervention


Just reading the latest RBA FX reserves data for October on DJ newswires and it confirms the same…

AUD/USD: Solid bids near 1.0350 stalling bearish momentum


No definitive reports yet of who is buying, but there is plenty of AUD changing hands around…

The day ahead in the FX market, Thursday November 15th


Speech from Ben Bernanke is the highlight on the economic calendar: EUR crosses made big rally…

USD/JPY testing offers at 80.00


All of the Yen crosses are looking quite solid still and the Yen bears (and there are lots of…

Cable: Real money funds still noted sellers


No exact levels given, but the same real money funds that sold GBP/JPY yesterday have been…

EUR/USD: Interbank order books favour buying dips


There is a bit of a scrap going on near 1.2740 and the bulls seem to be lacking the necessary…

USD/JPY orders: Sellers and stops nearby


Plentiful corporate sell interest near 80.00: Stop-loss buy orders immediately above 80.00:

Market is best left alone if it isn’t moving


Volatility in the AUD/USD is at 66 month lows and it's not the only pair stuck in the doldrums,…

Quick overview of Asian trade


Shares across the region were around 0.2% higher with the Nikkei flat and HK +0.2%: Australian…

Overview of positioning in the professional market


EUR shorts have only increased slightly in the past week but they still remain the dominant large…

AUD/USD: Session outlook, favour selling rallies to 1.0480


     As you can see on the attached 4-hour chart, this pair is on a very slow up-trend which is…

The day ahead in the FX market, Wednesday November 14th


NZD retail sales and Australian consumer confidence are the only releases of note on the economic…

EUR/JPY: Real money accounts continue to sell in recent trade


They must have quite a bit to do! Edit: Talk that EUR/USD buying ahead of 1.2650 is barrier…

Flows and orders updated


USD/JPY remains heavy with unconfirmed talk of heavy real money selling ahead of a Treasury…