Quick overview of the Asian FX market


Market in waiting mode ahead of Greek debt conference: Quiet start to interbank trading week…

Cable trade idea: Sell into technical resistance


     The EUR/USD rally on Friday was sort of understandable in that the market was short and…

GBP/CAD: Hedge funds watching this pair closely


     Nice to see some of the big hedge funds reading my modest posts, and I've just received a note…

GBP/AUD outlook: Indecision inside tight ranges


     This pair has been stuck inside a relatively tight long-term range between 1.46/1.61 and this…

Cable pops after BOE minutes


Looks like I'm not going to get set at 1.5870 after all as cable turns bullish after the BOE…

GBP/USD trade idea still relevant


I'm still hoping to establish the same cable trade idea I talked about yesterday, buying smalls at…

Markets to stay range-bound until Bernanke speaks


Very hard to come to any conclusions about this market at the moment and I'm guessing that we will…

Cable: Bearish trading strategy


     The basic idea behind this trade is that cable has posted a double-top at 1.6300 and that the…

The day ahead in the FX market, Tuesday November 20th


BOJ two-day meeting ends; all 22 economists surveyed by Bloomberg expect 'no change' to policy:…

Levels to watch today in the FX market, Monday November 19th


USD/JPY: Barrier at 81.50 and major Fibo technical resistance near the same level: CAD/JPY:…

GBP looking well bid in early London


The pound had a good chance to break lower yesterday after very poor retail sales data and talk of…

The day ahead in the FX market, Friday November 16th


Fed member speeches starting soon may cast more light on 'vigorous debate' re future QE, and…

GBP holding well above 1.5800 despite poor retail sales data


EUR/GBP has moved more than cable after the worse-than-expected UK retail sales data. The cross has…

Cable: Could gravitate towards barrier protection at 1.5800


This market likes going looking for the levels where the big orders are placed and that is at…

Cable: Real money funds still noted sellers


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

GBP pops up on CPI data


The bids at 1.5850/60 proved very strong indeed and cable is back near 1.5900 after the latest CPI…

Flows and orders updated


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

Cable: Nears support levels 1.5850/60


This is where the big bids were reported yesterday during London trade. If they are big, then there…