March 21, 2013
Kuroda speech today; market speculating on early easing measures
There has been increased speculation over the last few hours that Kuroda San will use his first…
March 21, 2013
NZD/USD: Whippy after data, possible basing formation on s/t charts
The NZD/USD and AUD/USD are both giving me the same vibes this morning, namely that the topside…
March 21, 2013
AUD: Much will depend on what happens in AUD/JPY
Flows and OrdersTechnical AnalysisAUD,NZD
AUD/JPY is again fast approaching the important physical and psychological barrier at 100.00.…
March 21, 2013
EUR/JPY: First of the main EUR pairs to close Monday’s opening gap
EUR/JPY closed on Friday in NY around 124.35 and gapped lower on Monday morning after the Cyprus…
March 20, 2013
Cable: Still happy to try and pick an interim top above 1.5225
First one way then the other, don't you just love the cable. Market might be caught a bit short…
March 20, 2013
USD/JPY: Should stay range bound 94.60/95.40
Hedge fund offers start near 95.25 through 95.50 as big players continue to book healthy profits.…
March 20, 2013
Cable: Bids still reported near 1.5060
Same source as yesterday afternoon so these buyers are staying patient. There is plenty of event…
March 20, 2013
EUR/USD: Hasn’t been able to consolidate below 1.2870
The bulls will be slightly more optimistic after prices failed to consolidate the bearish break…
March 20, 2013
EUR/JPY: Looking to sell intraday rallies
I've booked most of the profits on my short position from yesterday afternoon and am looking to…
March 20, 2013
Thankfully quiet in Asia
Apologies for the IT disaster today, but hopefully the new site and server will be in place next…
March 20, 2013
AUD: Torn between AUD/JPY and EUR/AUD flows
AUD/JPY fell last night as the market reverted to risk-aversion mode, but this pair is still…
March 20, 2013
USD/JPY: Japanese holiday may increase downside risk
If interbank reports are to be believed, most of the USD/JPY selling in recent days has been from…
March 20, 2013
EUR: Heavy sales seen from asset managers
In January and February we saw a big rally in the EUR crosses as asset managers bought back into…
March 19, 2013
Cable bids reported near 1.5060
The London interbank market is reporting solid bids near 1.5060. I'm done for another day, good…
March 19, 2013
EUR/JPY: Should find decent support at 122.70
Technical AnalysisTrade IdeasJPY crosses
That was yesterday's intraday high during Asian trade and I will look to cover part of my short…
March 19, 2013
EUR/GBP: Flow guy reckons we should see good two-way flows
EUR crossesFlows and OrdersGBP crosses
His GBP info in recent weeks has been criminally good and hopefully it stays that way for EUR/GBP.…
March 19, 2013
EUR/USD: Very important support at 1.2870/80 and gap target at 1.3050
The EUR market was very very bearish yesterday and took out a well-defended barrier at 1.2900, but…
March 19, 2013
Reports suggest that Cyprus unlikely to approve bank levy in current form
I'm not sure that they really have much choice at the end of the day, as the obvious alternative is…