Quiet start to early interbank FX market


The retail market won't open for another 2 hours but the interbank market is up and running.…

AUD may struggle on Monday morning after poor Chinese data


The AUD held up really well on Friday, with positive risk sentiment after strong US jobs numbers…

Good luck tonight in great NFP lottery


I prefer to avoid getting involved in the NFP silliness and will stick with my core EUR/CHF and…

USD/JPY could be at 100 in 3 weeks: Big bank chief dealer


The chief Yen dealer for a major international bank reckons that the domestic Japanese market has…

Cable support at 1.4970


The USD is making gains against the GBP and the AUD as well as the Yen during Asian trade. Cable is…

USD/JPY: Buyers coming from all directions


I'm hearing reports of Singaporean hedge funds, Japanese investment funds, US real money funds and…

AUD/USD edges lower on Chinese import data but AUD/JPY buyers support


China announced an unexpected trade surplus boosted by very strong exports, but the fall in imports…

USD/JPY back above 95.00


Overnight highs at 95.10 have been breached and USD/JPY is threatening to take off again,…

JPY crosses: Light profit taking after big overnight moves


It is Friday after all, and some Japanese traders will have woken up to a pleasant surprise after a…

AUD/JPY: Sneaking back towards 97.60


News reports that North Korea is threatening a pre-emptive nuclear attack aren't helping the Yen's…

Asian market open


You can click through here and read my full opening comments on FX Street.

Cross plays starting to dominate USD strength


We had a phase a few weeks back when the EUR was all dominant on the crosses and EUR/USD rallied to…

EUR/JPY: Bull trend back in control again


My feeble attempt to pick an interim top didn't last very long but thankfully the position was…

EUR crosses firm once again in European trade


My targeted resistance level at 122.50/70 in EUR/JPY has been easily breached so I will not be…

EUR/JPY: Time to try the short trade again


Short at 122.40 and will add to position if an hourly high can form below 122.70. Stops above…

Cable: If you feeling brave…


Feels a bit oversold to me and I might try that dangerous game of picking a bottom, if prices stall…

Quick overview of Asian FX market trade


Australian January trade deficit A$1.06 billion, a record low. The A$ has risen slightly! BOJ kept…

BOJ keeps policy unchanged


No change to USD/JPY either, stuck in neutral gear at 93.95.