CHF/JPY: Looking for a selling opportunity


I think we are at the beginning of a period of major moves in the FX crosses that began with a…

EUR/USD: Bank research still suggests move to 1.36+


This research has been very consistent over recent weeks, suggesting that overall flows favour a…

Asian market open


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

The day ahead in the FX market, Tuesday January 15th


Not much of note on the economic calendar after Mr Bernanke's Q&A this morning: We may see…

EUR/GBP, EUR/CHF maintain bullish momentum


This is a fairly significant move taking place in the market at the moment with the EUR maintaining…

EUR/USD orders update


Light trailing stops below 1.3325 and again below 1.3290: Heavy buying interest expected near…

EUR/JPY giving back this morning’s gains: 117.50 now support level


I know that's a long way away but we can expect heightened volatility for next few sessions. 120.00…

EUR/CHF: Option players main buyers today


The break above 1.2190 saw increased demand for EUR/CHF from option players and it gapped quickly…

Brief overview of Asian trade


Yen weakened again after comments from Japanese PM Abe that BOJ must attain 2% inflation target:…

EUR/JPY: Decent-sized selling interest on interbank platforms


We talked this morning about 120 acting like a magnet and that's exactly what has happened, with…

EUR/USD: Consolidating session gains just below 1.3400


Fed's Evans is on the newswires at the moment, is comfortable with current policy, feels employment…

Where’s the USD going to go if EUR crosses take off higher?


The EUR looks very bid on the crosses but what I haven't quite figured out is whether pairs like…

AUD/USD: Stops triggered below 1.0525


Pretty hard to be very confident about being long AUD in the face of poor domestic economic data…

Australian job ads -3.8% MoM, housing finance -0.5% MoM


Another round of very poor domestic economic data out of Australia, coming on the back of last…

TD-MI Australian inflation gauge +0.4% MoM, +2.4% YoY


Quite a significant rise in this private measure of Australian inflation and the prospects of a…

Liquidity very poor in early FX market trade


Dealers aren't too enthusiastic this morning, complaining to anyone who will listen (only their…

EUR/JPY: Here we go again with another gap higher


We are getting used to these gaps now, and the market has just gapped from 119.20 to 119.70 in a…

Asian market open


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