February 5, 2013
AUD dips after slightly more dovish RBA statement
No surprise to see rates stay unchanged but expectations of a more hawkish tone were misplaced.…
February 5, 2013
EUR/JPY back to opening levels after promising Chinese data
Thankfully nobody ever questions the tenuous links between the EUR/JPY and Chinese economic data.…
February 5, 2013
AUD/USD stops taken out above 1.0450
Dealers will use economic data as the excuse but no-one will remember the name or number tomorrow.…
February 5, 2013
NZD/USD: And speaking of exhaustive moves!
If the move over 1.3700 on Friday was symptomatic of an exhaustive move in the EUR/USD, then how…
February 5, 2013
AUD market sitting on very long speculative positions
I don't know what will eventually turn the tide against the AUD but I strongly believe that this…
February 5, 2013
EUR/JPY: Another 60 pips lower in early Asian trade
JPY crossesEUR crossesTechnical Analysis
The low this morning has been around 124.20 and there would seem to be scope for a much deeper…
February 5, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
February 5, 2013
EUR/CHF: Longs re-instated at 61.8% retracement
EUR crossesTechnical AnalysisOthersTrade Ideas
I've had a very good run with this pair in recent times and I'm hoping it continues. My patience…
February 5, 2013
AUD: Big day on the data front highlighted by RBA decision
AUD/USD is still stuck in a sideways range trade between 1.0350 and 1.0550 (technicals updated in…
February 5, 2013
JPY positioning: Most of big Yen short positions are in Asia
That is according to the big Prime Brokers which means the yen crosses are susceptible to sharp…
February 5, 2013
EUR: Let the consolidation begin
Harry Hindsight will be screaming that it was obviously an interim top in the EUR but we're better…
February 4, 2013
USD/JPY: Forget Plan B, revert to Plan A
Too well bid, another big figure gets blown away, and maybe its the dip in EUR/JPY we should have…
February 4, 2013
EUR/USD showing bit of weakness, might USD/JPY follow suit?
EUR/JPY has been the dominant force in recent months and with EUR/USD now showing some intraday…
February 4, 2013
Spanish jobs data might attract some attention
The "EUR is dead" brigade have gone quiet now and asset managers are plunging back into…
February 4, 2013
AUD/USD stop-loss orders above 1.0450
There has been talk all day of sizeable stop-loss buy orders in the AUD/USD, but no definite levels…
February 4, 2013
Cable: Still some buying interest 1.5660/70
Exactly the same as when we were down at these levels 2 weeks ago, there are solid bids reported…
February 4, 2013
Well-known Kiwi FX dealer says NZD well overvalued against the USD
This former FX dealer is of course now the Prime Minister of New Zealand, John Key. He still thinks…
February 4, 2013
GBP/CHF: Worth a contrarian buy near 1.4200?
I certainly think this could be a potential winner but I am waiting for the short-term charts to…