Real money sellers still driving USD lower


This move seems to have quite a bit of momentum behind it and it's real money funds who are doing…

AUD/JPY slips as technical resistance holds and Chinese comments weigh


Comments from the Chinese commerce minister that their economy faces challenges due to slowing…

USD/JPY: Looks to have topside scope to 99.50


The daily chart is still in a sideways pattern with scope for a move towards 99.50 (see chart);…

EUR/USD: Lack of momentum makes it very hard to trade


Clever traders have been playing the 1.3460/1.3560 range; Possible topping formation (see chart)…

No obvious trades as markets stay in doldrums


Nobody wants to trade ahead of tomorrow's deadline and I'm certainly not blaming them. EUR/GBP:…

AUD gets another small boost after RBA minutes


The latest RBA minutes suggest that the Australian central bank is still willing to cut rates but…

AUD: Cross-pairs staying busy, well supported


AUD/NZD triggered trailing stops below 1.1300/10 before bouncing; solid bids reported at 1.1280…

AUD/USD: Looks set to test topside sell orders


AUD/JPY buyers are driving AUD/USD towards recent highs at .9480 and at least 2 of the local…

Headline driven market, with Toshins in background


There are a number of new Japanese investment fund issues (Toshins) which have led to quite solid…

EUR/JPY: Small short in play


I was in sell-rally mode this morning in EUR/JPY and am dipping my toes in the water with a small…

AUD outlook, Tuesday October 8th


No major orders reported within 80 pips either side of AUD/USD market; Important technical support…

USD/JPY: Ready to test important support levels


As I mentioned yesterday, the bids between 96.70/90 were very large; Semi-official names and…

USD/JPY: Large bids reported between 96.70/90


The low so far has been 96.87 and interbank dealers report large bids at regular intervals between…

Cable: Lack of momentum increase above 1.6160 infers top could be imminent


Price action usually tells us all we need to know about a pair and the fact that there was no…

EUR/GBP: Major selling flows expected during European session


Our resident hedge fund insider @FXWW888 has been updating us via the FXWW-RM chat-room on all the…

EUR/CHF: Recent lows holding for now near 1.2215


June lows at 1.2215 hold for now (see chart); Political turmoil in the US and Italy are heaping on…

EUR/JPY lower in early interbank trade


The budget impasse and likely government shut-down in the US has heightened risk aversion across…

EUR/USD: Range trading looking very likely


Corporate sell orders very solid above 1.3525 overnight; Sovereign bids expected to appear below…