April 4, 2013
Let’s not sell EUR/JPY then
The JPY is on a runaway train and showing no signs of slowing. I sold small USD/JPY at 95.20 and I…
April 4, 2013
EUR/JPY: Worth re-selling near 122.50?
Don't tempt me! Might the ECB follow the BOJ lead and escalate the currency wars? Might it make…
April 4, 2013
AUD/USD: Option sellers from earlier now likely on bid near 1.0440
Easy money if you can get it! Those option-related sellers from earlier at 1.0485/90 are now…
April 4, 2013
USD/JPY: Next technical resistance at 94.90
Trade IdeasUSD/JPYTechnical Analysis
No sign of the rally to run out of steam just yet. Technical resistance at 94.35 has been broken…
April 4, 2013
Big banks impressed by strong BOJ language
Citi are talking of 'shock and awe' whilst BoAML say that Kuroda is clearly trying to exceed market…
April 4, 2013
USD/JPY: Now over 100 pips higher, when is this rally silly?
Intraday traders will also be looking for silly over-bought conditions but I'd be careful about…
April 4, 2013
EUR/JPY: Trailing stop taken out above 120.40
I'm not sure if I'm the only short in the market with trailing stops? Probably not, which means at…
April 4, 2013
USD/JPY: Looks to have plenty of topside
The market doesn't really want to care about the details, it likes being long USD and short Yen and…
April 4, 2013
USD/JPY: initial reaction higher, cutting my shorts
I've bailed out of the remainder of my USD/JPY short position at 93.40 after the market's initial…
April 4, 2013
Looks like some hair-triggers in Yen market
USD/JPY went from 92.95 to 93.05 to 92.80 and back to 92.95 in a matter of minutes and it looks…
April 4, 2013
JPY: Time to reduce exposure ahead of BOJ
I've closed 1/2 my remaining EUR/JPY short position and have left my trailing stop in place for the…
April 4, 2013
BoE: Vote on further QE could be quite close
Tonights MPC meeting is expected to keep QE on hold at GBP375 billion but after a 6-3 vote last…
April 4, 2013
AUD/USD: Plenty of offers ahead of 1.0500
A local bank is reporting very heavy offers in the AUD/USD ahead of 1.0500, including option…
April 4, 2013
USD/JPY testing Tuesday’s lows
No reports yet that the big bids from Tuesday towards 92.50 are still in play; perhaps they've…
April 4, 2013
Big day ahead for EUR/JPY
The BOJ today, the ECB tonight, and the NFP tomorrow; now that's what I call acronym risk! EUR/JPY…
April 4, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
April 4, 2013
AUD: Modest bearish bias today
US economic data overnight will weigh on risk sentiment: AUD/USD has possibility of double-top at…
April 4, 2013
USD/JPY: Expect plenty of volatility today
Order boards will be heavily reduced and with the BOJ statement only a few hours away, we can…