October 23, 2012
Cable: Sovereign buyers reported starting at 1.5970
EUR/USDGBP crossesFlows and OrdersAUD,NZD
These buyers have been very patiently sitting at the same level for quite some time now and the…
October 22, 2012
Are we about to buck the ‘risk-off-Monday’ trend
Deutsche Bank have been tracking this phenomenon in recent times, with something 16 of the last 17…
October 22, 2012
GBP/JPY: Time for first trade of the week
This pair looked terrible this morning when it was down at 126.70 but now that it has rallied 50…
October 22, 2012
AUD/USD, GBP/JPY support lines hold; overall interest levels very low
The psychologically important 1.0300 has held so far this morning in the AUD/USD, but the bounce…
October 22, 2012
Tokyo open; quick overview
USD/JPYOpen/WrapAUD,NZDGBP crosses
Australian shares are 1% lower in early trade, taking a lead from US markets: Quite a bit of…
October 19, 2012
Updates on recent flows: Cable and USD/INR
Yesterday's fall in the cable during relatively thin NY trade is being attributed to a one-off…
October 17, 2012
Cable: Trying to break higher after BOE minutes and jobs data
Sterling has been lagging well behind the EUR on this latest leg higher and it's been trying hard…
October 17, 2012
EUR/USD: More stops triggered above 1.3100
EUR/USDFlows and OrdersGBP crosses
Looks indeed like it was a barrier at 1.3100 and stops have been triggered (including mine) taking…
October 17, 2012
EUR/GBP technicals: Breaks down-trend line and daily highs
EUR crossesTechnical AnalysisGBP crosses
The down-trend line on the weekly chart has been severed and a daily high at .8115 has also…
October 17, 2012
EUR/USD: Fresh shorts in play
EUR/USDGBP crossesTrade IdeasAUD,NZD
My sell order at 1.3050 was triggered overnight and I'm starting out with only a moderately sized…
October 11, 2012
Looks good for some two-way volatility in European trade
The AUD was quite interesting, rallying strongly despite a much greater than expected rise in the…
October 10, 2012
South African miners weighing up possible pay deal
This could have some impact on the GBP because the GBP was sold earlier this week as a proxy trade…
October 10, 2012
EUR/GBP Technicals: Market pulled up shy of important technical resistance
EUR crossesTechnical AnalysisGBP crosses
Anytime a market falls just short of a technical target and then retraces sharply, we need to…
October 9, 2012
EUR starting to look tired on the crosses
AUD,NZDTechnical AnalysisGBP crosses
EUR/GBP has done a sharp about-turn, just as it got in sight of its major target at .8110 and…
October 9, 2012
Cable: initial resistance at 1.6060
That was yesterday's breakdown point and heavy stops were triggered after that break. This level…
October 9, 2012
GBP weakness; blame the ZAR
There was very heavy ZAR selling yesterday, against the JPY in particular, and many traders used…
October 8, 2012
Maybe they should be called stop-hunters instead of spot dealers?
JPY crossesTechnical AnalysisGBP crosses
That's pretty much what an interbank spot dealer does these days, sees where the stops are and goes…
October 8, 2012
Cable: Stops reported below 1.6050
Cable has been under pressure all day after surprisingly falling by 50 pips during Asian trade.…