February 13, 2013
EUR: Overall market sentiment has improved dramatically
The EUR is moderately higher across the board today and based on recent surveys in the professional…
February 13, 2013
RBA: Rate cut chances put at 41% for next month
Cash rate futures are putting the chances of a rate cut next month at 41%. The AUD is drifting…
February 13, 2013
AUD/USD: Trailing stops targeted
Some weak trailing stops are being targeted above 1.0335 and there are more above 1.0350 but hedge…
February 13, 2013
AUD/NZD: Exodus of longs continues
The pace of selling has slowed down in recent times but Prime Brokers still report that the big…
February 13, 2013
Asian market open
You can click through here and read my full opening comments on FX Street.
February 13, 2013
EUR/JPY: Almost 1000 pips of movement yesterday
That's a fair bit of volatility by anybody's reckoning. This volatility is being created by…
February 12, 2013
USD/CHF strategy
I'm long and hoping to build a decent sized position for an eventual move back above parity. For…
February 12, 2013
Winners and losers in institutional flows
I'm just reading some very thorough interbank research on who the likely winners and losers are…
February 12, 2013
CHF, USD edging higher after reports of North Korean nuclear test
The usual safe haven currencies, the CHF and the USD, have been edging slowly higher over the last…
February 12, 2013
AUD barrier breached at 1.0250
Local banks are reporting another barrier at 1.0200 as well as some substantial bids from a variety…
February 12, 2013
USD/CHF: Finally back to entry my levels
I went long at 0.9210 only to watch the market fall another 150 pips before finally returning to my…
February 12, 2013
Cable looking ominously soft
The GBP certainly has a soft feel to it and the strong rebound in EUR/GBP has given more momentum…
February 12, 2013
Japanese standing orders still huge in USD/JPY
Massive selling of USD/JPY by leveraged funds ahead of the G20 on Friday was easily soaked up by…
February 12, 2013
USD/JPY: Should be heavy on approach to 95.00
Dealers are reporting decent sized corporate sell orders starting at 94.65 and don't be surprised…
February 12, 2013
AUD/USD: Barrier protection at 1.0250 and 1.0200
Even if the first one gets breached during Asian trade, there is another barrier and asset manager…
February 12, 2013
Asian market open
You can click through here and read my full opening comments on FX Street. Unfortunately many of my…
February 12, 2013
US Treasury comments boost USD/JPY
On one hand we have EZ officials complaining publicly about Japanese policy and now an…
February 12, 2013
USD/JPY: Testing recent highs at 94.10
So much for the cheap trade in USD/JPY; minor resistance at 93.70 has been taken out in the usual…