January 7, 2013
Around the Asian markets
Stocks slightly lower as morning sessions come to a close: Gold fairly steady near $1660/oz: Risk…
January 7, 2013
EUR/JPY: Fails to maintain gains and now sliding lower
I've taken a small short position in this pair this morning as I feel there is plenty of scope for…
January 7, 2013
EUR/USD orders: Should be toppy near 1.3160/75
When orders don't get cancelled on a Friday night it's usually a sign that the sellers are quite…
January 7, 2013
USD/JPY: Talk of optionality at 88.50
Flows and OrdersJPY crossesUSD/JPY
Some unconfirmed chatter of a barrier at 88.50 but I don't believe it's a very big one. Most focus…
January 7, 2013
AUD: Chances of a February rate cut continue to fall
Last week the chances of a rate cut in February were seen at over 60% by the market but the…
January 7, 2013
USD/JPY: Next technical target at 88.95
The 38.2% retracement of the big down-move from 110.60 to 75.60 comes in at 88.95 and that…
January 7, 2013
Asian market open, Monday January 7th
You can click though here and read my full opening commentary on FX Street.
January 7, 2013
Risk pairs slightly higher in steady start to FX trading week
EUR/JPY is trading at 115.35 in early interbank trade: Yen weakness remains the stand-out factor…
January 4, 2013
AUD/USD: Still like buy-dips trade with stop below 1.0350
Last Wednesdays move off the 1.0380 lows looks like it might get fully retraced but I still like…
January 4, 2013
China services PMI falls slightly
The latest HSBC China services PMI fell slightly to 51.7 from 52.1 last month. Risk trades aren't…
January 4, 2013
EUR/USD not showing much inclination to bounce
EUR/USD is hanging around 1.3030 and not showing much inclination to bounce. I think we've become…
January 4, 2013
Switzerlands oldest private bank forced to close
The news that Wegelin and Co has been forced to close due to problems with their treatment of US…
January 4, 2013
Nikkei +3%, USD/JPY makes new highs
The USD remains pretty well bid in Asia though I'm still not quite sure why the market is so bulled…
January 4, 2013
USD/JPY: Getting close to resistance level at 87.60
FXWW NewsTechnical AnalysisTrade IdeasUSD/JPY
The 61.8% retracement of 94.90/75.60 comes in at 87.60 and if this level holds then bears can…
January 4, 2013
China and Japan back today
Regional sharemarkets should get another boost today as China and Japan return and start playing…
January 4, 2013
Friday January 4th: No obvious trends yet to emerge
Flows and OrdersAUD,NZDGBP crossesEUR/USDUSD/JPY
Since the temporary fiscal cliff solution was agreed upon, EUR/USD has gone from 1.3175 to 1.3300…
January 3, 2013
Updates on important levels and ranges
Flows and OrdersAUD,NZDGBP crossesEUR/USDUSD/JPY
EUR/JPY: Looks like a broad 113/116 range in coming sessions so patience required: USD/JPY:…
January 3, 2013
EUR/JPY longs booking profits ahead of NFP tomorrow
EUR remains under pressure in fairly illiquid conditions and there have as yet been no reports of…