May 22, 2013
USD/JPY: No change after BOJ policy statement; stops reported both sides of market
Dealers tell me that the risk is now to the topside in USD/JPY with stops building above recent…
May 22, 2013
AUD/USD: Still prefer the buy-dip strategy in short-term
The AUD/USD is back below .9800 in reaction to some irrelevant consumer confidence data which will…
May 22, 2013
Early Asian FX market staying very quiet indeed
Nobody is showing any interest according to local banks and when much of the focus is on USD/CAD,…
May 22, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
May 22, 2013
US 10-year yields close in NY near lows after volatile session
Much of USD moves in recent times have been driven by sentiment in the fixed income markets and US…
May 22, 2013
BOJ today, Mr Bernanke tonight
It should be a reasonably busy day and I expect that we will see plenty of ups and downs across all…
May 22, 2013
Plenty of action in crosses overnight
Trade IdeasGBP crossesTechnical AnalysisOthers
GBP was the main mover, losing ground across the board after disappointing economic data. I…
May 21, 2013
Cable rejects 1.5300 yet again
The USD bulls aren't going away any-time soon it would seem, and cable has rejected approaches to…
May 21, 2013
AUD/USD: Expect range trading on all timeframes
I don't see a major collapse happening in the AUD anytime soon, especially if the big Sovereign…
May 21, 2013
RBA: Didn’t say very much, AUD/USD back near .9800
Patient buyers were rewarded as AUD/USD dipped back to .9760 after the Amari comments and the RBA…
May 21, 2013
USD bouncing after Amari backtrack
The Japanese EconMin has backtracked to some extent on his weekend comments and this has led to…
May 21, 2013
GBP/CHF: Could rise 30 big figures without endangering bear trend
Trade IdeasGBP crossesTechnical AnalysisOthers
For many years GBP/CHF oscillated fairly steadily around 2.50, give or take 20 big figures, and…
May 21, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
May 21, 2013
USD/JPY: Dealers eyeing stops below 101.80
These stop-loss sell orders below 101.80 could come in for some close scrutiny in early Tokyo.
May 21, 2013
FX market consolidates ahead of Bernanke tomorrow
No great surprise to see some profit taking by USD longs ahead of tomorrow's appearance by Mr…
May 20, 2013
Japanese banks downplay EconMins comments
One of the bigger Japanese banks is downplaying the weekend comments from Amari-san regarding the…
May 20, 2013
Pretty hard to pick the next 50 pips in any major pair
To be honest, I've got absolutely no clue where the next 50 pips are coming from in any of the…
May 20, 2013
EUR/USD: Test of 1.2745 still looks likely in short-term
Trade IdeasGBP crossesEUR/USDOthers
The EUR/USD still looks a bit heavy and although Europe may be quiet today, I do think we might see…