November 7, 2012
AUD/USD: Breaks above reported sell orders at 1.0470
EUR/USDFlows and OrdersAUD,NZD
Doesn't look like there was much heavy interest there and AUD/USD is trading at session highs as…
November 7, 2012
USD/JPY: Japanese retail buyers out in force
Reports in the market suggest that it was heavy buying from Japanese retail accounts after the US…
November 7, 2012
EUR/USD: Intraday bulls probably missed their chance already
The fall towards 1.2790 earlier on was the opportunity for bulls to put on an intraday with stops…
November 7, 2012
USD/JPY: Watch for more heavy downside stops
Short USD/JPY has been the most obvious play for those who thought Obama would win so with the…
November 7, 2012
USD/JPY: Should be the most volatile pair after election results
The theory is that a Romney win would be risk-positive and USD-positive, which would suggest a…
November 7, 2012
Professional market positioning turns short EUR again
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
The biggest position amongst professional players at the moment is short EUR, according to data…
November 7, 2012
FX market still in stop-loss mode: Positioning light ahead of election results
EUR/USDUSD/JPYFlows and OrdersAUD,NZD
My main feeling at the moment is that the market is still in stop-loss hunting mode. Yesterday we…
November 6, 2012
EUR/JPY: Bit of caution advised as rumours swirl
The gossip is that a major EUR/JPY transaction is going through the market at present, it started…
November 6, 2012
EUR/USD: Sovereign bids holding for now
These bids at 1.2765 have been on the books since yesterday and so far they are scaring the bears…
November 6, 2012
Only HKMA active today amongst Asian central banks
Not sure yet how much they bought at 7.7500 but they seem to have plenty of capacity to soak up all…
November 6, 2012
USD/JPY: More stops below 79.90
EUR/USDFlows and OrdersUSD/JPY
I thought we might be done but seemingly not, with more stops reported below 79.90. (Edit) EUR/USD:…
November 6, 2012
USD/JPY: Looks like most of weak stops now done
Those trailing stops below 80.00 have been done so now we've gotta figure out where the next batch…
November 6, 2012
AUD/JPY selling interest ensures USD/JPY stops get done
AUD,NZDFlows and OrdersUSD/JPY
Decent-sized selling interest in AUD/JPY near 83.60, coupled with a bullish AUD/USD, has ensured…
November 6, 2012
AUD/USD: Reserve managers now likely to raise their bids
Reserve managers had been sitting on the bid just below 1.0300 but with only the AUD delivering…
November 6, 2012
AUD/USD testing offers after RBA no move
The high so far has been at 1.0415 as the RBA decides to leave interest rates on hold. Dealers say…
November 6, 2012
AUD/USD order boards heading into RBA
Modest bids in AUD/USD still around 1.0330 with heavier interest 1.0290/95: Offers starting at…
November 6, 2012
USD/JPY: Stops reported below the market
I can't believe that the stops are overly big or otherwise the market would have targeted them…
November 5, 2012
USD/JPY: Stops building below the market
The first batch of sizeable trailing stops are reported below 80.10.