December 20, 2012
Quick overview of Asian FX trade
BOJ expanded its easing program by Yen10 trillion and kept rates unchanged: Statement was dovish,…
December 20, 2012
USD/JPY: Talk of real money buying interest 83.60/70
I'm not sure if I place a whole lot of faith in these reports as in my experience, most of the…
December 20, 2012
USD/JPY: Bit of a worry when commentators start talking about “one-way bets”
These one-way bets are hard to find and are usually referred to as such, after the race has been…
December 20, 2012
Buy the rumour sell the fact
One of the oldest sayings in the market but also one of the truest. The market is very short of…
December 20, 2012
BOJ: Expands asset buying program by Yen10 trillion
EUR/JPY popped up on first reaction but with no mention so far of inflation targets it fell back…
December 20, 2012
Event-driven trading strategy
This is an interesting concept from a small group of traders who have studied the market price…
December 20, 2012
Yen crosses steady as BOJ decision time approaches
The rate announcement could come at any time but its the subsequent statement which is the most…
December 20, 2012
NZD: Still some selling interest around
Liquidity in the NZD is pretty poor at the best of times and once the market gets sniff of some…
December 20, 2012
EUR/JPY: Should meet resistance now near 111.50
EUR/JPY has held firm near 111.00 after the Greek FinMin's reported comments that Greece could…
December 20, 2012
EUR/JPY getting smashed on pre-BOJ profit taking
To say I'm an unhappy chappy would be an understatement this morning, with the long-awaited purge…
December 20, 2012
Day ahead in the FX market, Thursday December 20th
Main event later today will be the BOJ rate announcement and statement: Professional speculative…
December 20, 2012
AUD/USD: More stop-losses on downside and lack of Sovereign buyers
AUD/USD broke below previous-highs-come-support at 1.0510 and quickly triggered decent sized stops…
December 19, 2012
EUR/JPY: Retail positioning not nearly as extreme as in professional market
Just reading through the retail positioning information from retail brokers like Oanda and Axi…
December 19, 2012
FXWW Survey: Trade of the year 2013
I've started collating all data received so please feel free to send me your prognostications and…
December 19, 2012
Big levels to watch for during the European session ahead
AUD,NZDGBP crossesFlows and OrdersUSD/JPY
AUD/USD: 1.0510 was the previous high which has held firm for two tests over last few days; watch…
December 19, 2012
FX market is usually very quiet ‘between the years’
Most corporate players will have completed all their FX requirements for the year, as will most of…
December 19, 2012
Cable: Quite a few medium-term bears about
There were rumours in the market that China has selling interest between 1.6250/1.6300 and…