March 12, 2013
GBP: Flow guy reckons that a bottom isn’t far away
After all my bearish pieces on GBP/AUD today, my friend the flow guy out of HK reckons that some…
March 12, 2013
GBP/AUD flows hurting the GBP
I suspect that some of the big macros might be selling after the close below previous record lows…
March 12, 2013
EUR/USD: Looks like a reasonable entry level near 1.3030 for bulls
I'm taking a small long here at 1.3030 with a stop 90 pips lower. I'm only running a small position…
March 12, 2013
EUR/AUD: Major bank recommends short-term short position
One of the big US banks has just sent out a short-term sell recommendation to their customers on…
March 12, 2013
Kuroda may start easing measures sooner than expected
There is a report in today's Nikkei which is driving Yen weakness this morning. In it they report…
March 12, 2013
Yen crosses: You gotta be quick
USD/JPY is back above 96.50 and all of the Yen crosses are higher in the last 30 minutes of trade.…
March 12, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
March 12, 2013
EUR/JPY: Headed for 135!
Remember a few Mondays ago when we had the silly move from 123.00 to 125.30 before we promptly fell…
March 12, 2013
EUR/USD: Starting to favour the topside from risk-reward perspective
Same view here as late yesterday; the EUR crosses are turning bullish with EUR/JPY leading the way…
March 12, 2013
GBP/AUD: Hedge funds selling again
This market looks like it might close below previous weekly lows at 1.4550, which would be a…
March 11, 2013
Cable: Bearish momentum seems to be waning
Despite the big rise in the USD on Friday night, the cable has held up reasonably well on the 1.49…
March 11, 2013
EUR crosses look well supported
With EUR/CHF and EUR/JPY still looking reasonably well bid, the short-term path of least resistance…
March 11, 2013
EUR/USD: It takes less than you might think to move the market
I've just had a meet with one of Europe's more active hedge funds who turn over billions during an…
March 11, 2013
USD still looks technically sound against Yen and CHF
I've updated the technicals for both USD/CHF and USD/JPY in the members section. The outlook for…
March 11, 2013
AUD/USD still showing no inclination to move
The AUD tried to move lower this morning after worse-than-expected Chinese data over the weekend,…
March 11, 2013
Yen undoing some earlier session losses
There is nothing really going on in the FX market this morning, we saw some modest Yen weakening…
March 11, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
March 11, 2013
AUD/JPY: Break above 97.50 opens up more blue sky
This could be an interesting pair to watch today. It broke above daily resistance at 97.50 on…