January 8, 2013
EUR/JPY at a short-term cross-roads
News that Japan will buy European bonds as early as today places EUR/JPY firmly at the forefront of…
January 8, 2013
USD/JPY failing to rally hard after FinMin comments
Japan will buy ESM bonds as early as today and this has seen the Yen crosses spike around the place…
January 8, 2013
AUD/JPY: Worth considering a short after poor trade data?
USD/JPYTrade IdeasAUD,NZDTechnical Analysis
The poor trade data does make a rate cut slightly more likely although the futures market…
January 8, 2013
USD/JPY technicals: Just a normal retrace?
Trade IdeasUSD/JPYTechnical Analysis
If we look at the move from 83.85 to 88.40 as being the latest leg of an up-move, then we may…
January 8, 2013
Australian trade deficit AUD 2.64 billion in November
Nice call from the CBA earlier. AUD/USD is a few spreads lower but staying fairly quiet overall.
January 8, 2013
USD/AXY: Remains under quite heavy selling pressure
Flows and OrdersUSD/JPYEUR/USD
The main flows have been in USD/KRW, with the Bank of Korea reportedly buying around USD 1 billion…
January 8, 2013
USD/JPY dips on yesterday’s comments
Looks to me as if they same comments are being recycled regarding the level of USD/JPY which…
January 8, 2013
CBA: Expecting Australian trade data to disappoint and AUD to ease modestly
Based on peculiarities in iron ore pricing, the CBA is expecting the Australian trade data to be…
January 8, 2013
EUR/JPY: Looking at a 114.10/117.10 trading range in coming sessions
The overnight low was at 114.10 so I'm using that as my downside base. Presuming the recent…
January 8, 2013
Asian market open
You can click through here and read my full opening commentary on FX Street.
January 8, 2013
The day ahead in the FX market, Tuesday January 8th
USD/JPYOpen/WrapFlows and OrdersAUD,NZDJPY crossesEUR/USD
Australian trade balance 00:30 GMT, -AUD2.3bln expected: UK BRC retail sales 00:00 GMT, last +0.4%…
January 7, 2013
EUR/JPY support 114.20/30 getting tested again
If this level can hold again then we should see trailing stops building above 114.75. A clean…
January 7, 2013
EUR/USD orders: Bids reported near 1.3020
First reports of any decent buying interest now starting to emerge with Swiss names reporting solid…
January 7, 2013
EUR/JPY view #2: Wait for an outside week before commiting to contrarian trade
Very wise old trader just sent me his view of the world and he's expecting a very volatile week in…
January 7, 2013
Head of Japan’s business lobby expects USD/JPY range of JPY75/90
No wonder he's happy with the current level of 88.00. EUR/JPY dipped towards support at 114.30 on…
January 7, 2013
USD/JPY technicals: Sooner or later the contrarians will get it right
Trade IdeasUSD/JPYTechnical Analysis
Just a glance at the daily chart will show you how overbought USD/JPY is and the attached…
January 7, 2013
EUR/JPY: Next support at hourly lows near 114.30
There may even be stops placed below there so some care is needed if you are trying to pick a base.…
January 7, 2013
EUR/JPY: Hanging around session lows, still looking softish
PM Abe made lots of bold statements in the weekend press, and a joint-statement between the…