Some hedge fund interest to buy USD/JPY


Dealers say that demand for USD/JPY has been very steady over the past 2 hours but that EUR/JPY…

EUR/JPY: Trimming open positions ahead of BOJ


We can expect the decision to be announced sometime after 12pm Tokyo time (edit: between 03:10 and…

Fresh EUR/AUD trade signal


One of our professional trade contacts, an interbank trader here in Asia, has just taken a fresh…

Asian market open, Tuesday October 30th


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

EUR bounces back as sellers lack momentum


The EUR has managed to bounce back across the board, with Sovereign dip-buyers and lack of news…

EUR/JPY: Technical support at 102.35


That's the 50% retracement of 100.15/104.60.

AUD/USD: Solid bids at 1.0340


AUD/USD is holding up well despite the lower EUR/USD and cable, and dealers say that decent-sized…

EUR/USD: Bit of Sovereign interest near 1.2900


Two Sovereign buyers reported at 1.2900 but the amounts seem to be relatively small; low so far at…

EUR: Look to EUR/JPY for leads


There are still some sizeable long positions in EUR/JPY which may come under scrutiny before the…

Asian market headlines


Asian stocks slightly higher ahead of tomorrow's BOJ meeting: US stock markets to stay closed…

NY markets likely to stay closed on Monday


Hurricane Sandy's impending arrival in metropolitan NY is expected to keep the US stockmarket…

EUR/GBP: Trade-idea developing for bulls


The 38.2% retracement of the 5-wave upmove from .7750 to .8160 retraced exactly 38.2% to .8005 and…

Yen crosses under mild pressure as session gets underway


The market is still probably quite short of Yen across the board and we are seeing further profit…

Asian market open, Monday October 29th


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

EUR/JPY trade update


     As always with these things, I wish I'd sold more but such is the nature of trade-building…

AUD: Focus will increase this week on RBA meeting


I got a little bit carried away in my previous post, (getting excited by the Melbourne Cup!), and…

RBA rate decision next week: Board-member statements suggest a rate cut still very much on cards.


For many people, the big event on Tuesday will be the Melbourne Cup, the race that stops a nation,…

USD/JPY: Stops getting triggered and not many bids in sight


No buyers today it would seem in USD/JPY and the pair is back below 80.00 driven by long…