January 11, 2013
USD/JPY: Time to try a risky short play
Nasty 50 pip rally in thin markets over the last 30 minutes with a barrier at 89.00 and Fibo…
January 11, 2013
USD/JPY: Barrier breached in thin late NY trade
Recent highs and a barrier at 88.50 have all been breached and stops have been triggered above…
January 11, 2013
Day ahead in the FX market, Friday January 11th
Flows and OrdersAUD,NZDOpen/WrapEUR/USDUSD/JPY
Japanese trade data at 23:50 GMT: Chinese CPI at 01:30 GMT: EUR/JPY, double-weekly high at……
January 11, 2013
EUR rallies: EZ debt markets still the key
The market has been avoiding the EZ debt markets like the plague in recent years but a lot of…
January 10, 2013
EUR: Market gearing up for big move in coming weeks
There are a lot of EUR traders in the market who have been sitting patiently waiting for today's…
January 10, 2013
AUD/JPY keeps on moving higher
I'm still convinced this is a silly 'start of year' move with the Yen leg driven by what is in…
January 10, 2013
NZD/USD struggling to keep up with the AUD
Plenty of talk about Sovereign, custodial and corporate buyers in the NZD/USD as well as reports of…
January 10, 2013
AUD/USD eyeing reported stops above 1.0590
No point in getting in the way of the runaway train just yet, especially with reports of stops…
January 10, 2013
AUD/JPY: Trade idea for contrarian hard-asses only
Trade IdeasAUD,NZDTechnical AnalysisUSD/JPY
A Yen analyst out of Tokyo, for whom I have a lot of respect, is calling an end to the Yen…
January 10, 2013
AUD/USD orders: Mixed reports on order front
Sell orders reported 1.0530/35 and again 1.0545/50 but also reports of stops above 1.0535.
January 10, 2013
AUD pops up on strong Chinese data
Chinese exports +14.1% and imports at +6% against expectations of +4% and +3% respectively. AUD/USD…
January 10, 2013
Building approvals +2.9%; more disappointing Australian data
Coming on the back of poor trade and retail sales data, surely the poorer than expected building…
January 10, 2013
USD/JPY: Back above 88.00 despite lower US yields
Yet another staple FX market correlation, US yields and USD/JPY, seems to be getting completely…
January 10, 2013
CBA: Expecting higher than consensus jump in building approvals
One of the big 4 Australian banks, the Commonwealth Bank of Australia, were spot-on with their…
January 10, 2013
NZD/USD: Inches higher after NZ trade data
The trade deficit of NZD$700m for November was a slight improvement on the October number but was…
January 10, 2013
Day ahead in the FX market, Thursday January 10th
Flows and OrdersAUD,NZDOpen/WrapEUR/USDUSD/JPY
Today's main event will be the Chinese trade data which should be released around 01:30 GMT: The…
January 10, 2013
Time to re-think the bearish AUD trade
On Monday I was lucky enough to sell EUR/JPY at the top but last night I experienced the other side…
January 9, 2013
AUD/NZD short-term trade idea
This comes from an interbank source (who is undoubtedly short already and wants the market to start…