EUR: Best avoided until the dust settles


It's not a great start to the week for some European bank-account holders to find that 10% of their…

USD/JPY: Favour buying dips to 93.80


I think the USD may rebound once all the cross activity has been taken care of so I'm looking to…

EUR/USD trading 100 pips lower after Cyprus bank tax


EUR/USD opened 100 pips lower after EU FinMins agreed to Cyprus imposing a tax on bank deposits.…

Trading opportunities on Monday morning


I'm not expecting much volatility on Monday morning but those with early interbank access can…

AUD/USD: Very quiet in Sydney with few flows of note


There were a couple of very minor flurries in AUD/JPY and in AUD/NZD but otherwise its been a very…

Cable: If you’re looking for a place to sell….


My old friend the flow guy has resurfaced again and he reckons that some of the big players are…

Mr Yen: Quite unlikely for USD/JPY to rise above 100


Former Ministry of Finance chief Sakakibara is being quoted on DJ newswires as saying that it's…

EUR/JPY: Still stuck in 124/126 consolidation range


It's pretty hard to get overly bearish on this pair despite the big rise of recent months and the…

EUR/USD: Large buying interest reported towards 1.2900


I know it's quite a ways away but its good to know where the big buy orders are reportedly…

USD/JPY: Still looking to options market for leads


The heavy buying of downside protection has now eased according to interbank reports, and now we…

All 3 BOJ nominees expected to be confirmed by Japanese parliament


The meeting takes place today and only the the nomination of the extremely-dovish Iwata seems to be…

Asian market open


You can click though here and read my full opening commentary on FX Street.

Cable; bearish overall but short-covering has started


Thankfully the flow guy is fit again because his info here was priceless; the big players were…

Highlights today in GBP/AUD and AUD/JPY


GBP/AUD has based twice at 1.4400 but has not yet been able to break back above previous record…

Cable: Buyers staying patient


The flow guy thankfully didn't die from alcohol poisoning and is back in full voice. There still is…

USD/JPY: Solid sell orders 96.50 through 96.80


Apologies for the much longer than anticipated absence and it seems I've missed more Yen weakness.…

USD/JPY drifts lower as AUD/JPY resistance holds


The most obvious play in recent trade has been to sell near 96.25 sell orders in expectation of a…

AUD: You simply can’t keep it down


AUD/USD is testing chart resistance at 1.0370, AUD/JPY is testing 99.50 and AUD/NZD is headed for…