NZD/JPY now +1% on the day


Definitely looked and felt as if the poor cousin Kiwi had been dragged down by the big bad Aussie…

Modest gains in NZD, AUD but quiet otherwise in Asia


I think the basing in the NZD is an important development which could have implications for other…

USD/JPY: Back to bad old days with 20 pip ranges


USD/JPY has been ridiculously volatile in recent months, flying around by 300/500 pips session by…

AUD/USD: Stops reported above .9375


Still quite a way away and I think I will reduce my longs again near .9360, given the chance, and…

NZD, AUD edging higher, dragging other majors alongside


Still looks like a .9260/.9360 proposition for AUD/USD and I'm sticking with my bottom-picking…

NZD: Reaction to data is another bullish signal


The NZD dipped briefly after rather disappointing trade data but is now back above pre-data levels.…

Asian market open


You can click through here and read my full opening comments on FX Street.

Cable: Entering a bullish technical phase


The double-bottom on the 4-hour (see chart) was followed by a very strong rally to 1.5750 and this…

NZD: Crosses suggest more gains ahead


We had a look earlier this week at the bullish set-up in NZD/CHF (see story) and the cross is…

AUD makes ground on crosses; stop-loss driven rather than any fundamental change


AUD/USD reached highs just above .9340 overnight, which is exactly where the hedge fund trailing…

AUD/USD holding on to earlier gains


The AUD is up across the board, especially against the GBP where its almost 1% higher on the day.…

Cable under pressure as Buba buys EUR/GBP


The clever guys (well done FXWW888) were long EUR/GBP just above .8470 in anticipation of the usual…

AUD/USD: Bit more on where the big orders are sitting; heavy stops reported from PB source


Our friend Milan over at OrderFlowTrading is reporting US investment house offers at .9330…

AUD/USD: Stops triggered above .9310


Obviously there is still plenty of selling interest around as well, with stops triggered above…

Australia could have a new PM in a few hours; change likely to be AUD positive


Firstly, Kevin Rudd is challenging Julia Gillard for leadership of ruling Labor Party. Vote is set…

EUR/JPY: Testing recent lows, selling rallies preferred


I think the bearish strategy is the correct one for EUR/JPY but we still need to pick our levels.…

AUD/USD: Edging towards upper end of recent ranges


The majors have stayed fairly quiet today in Asia and I haven't really gained any valuable insights…

Pencil in a date for Sydney get-together


I will confirm closer to the time but for now we are pencilling in Thursday evening, July 18th, for…