October 22, 2012
Chances of RBA rate cut increase to 85%
The latest Australian government economic and fiscal outlook, announced earlier today, included a…
October 22, 2012
EUR/USD: First reports of some selling interest
Interbank dealers report decent-sized offers starting at 1.3065 through 1.3080.
October 22, 2012
AUD/USD, GBP/JPY support lines hold; overall interest levels very low
The psychologically important 1.0300 has held so far this morning in the AUD/USD, but the bounce…
October 22, 2012
Tokyo open; quick overview
AUD,NZDGBP crossesUSD/JPYOpen/Wrap
Australian shares are 1% lower in early trade, taking a lead from US markets: Quite a bit of…
October 22, 2012
Asian market open
You can click through here to read my opening comments on FX Street.
October 21, 2012
AUD/USD outlook week October 22nd: Traders eyeing 1.0310/20 very closely
I have no need to tell regular AUD/USD traders of the importance of the 1.0320 level, as it's…
October 21, 2012
EUR/USD outlook, week October 22nd: Likes range-trading, wants to go higher, but is overbought
The latest EU summit has finished as expected with no major initiatives being announced. The…
October 19, 2012
USD/JPY: Stops building below 79.00
It's been a bit of a stop-loss hunting week and it's likely to finish that way as well. There are…
October 19, 2012
Updates on recent flows: Cable and USD/INR
Yesterday's fall in the cable during relatively thin NY trade is being attributed to a one-off…
October 19, 2012
EUR/USD pops up 15 pips after EU summit delivers the usual (nothing)
Maybe we get a chance to sell first then? It might be worthwhile selling near 1.3100 looking for…
October 19, 2012
That didn’t take long! On to the next batch of stops I suppose.
Easy pickings for the European heavy hitters and the stops below 1.3050 have been done. Next batch…
October 19, 2012
EUR/USD: Stop-loss sell orders below 1.3050
There must be some decent buying interest ahead of there keeping them safe but I expect Europe will…
October 19, 2012
Anyone else think EUR/JPY can go to 130+
Trade IdeasJPY crossesEUR crosses
I just popped in to see a hedge fund this afternoon on beautiful Sydney harbour and this is…
October 19, 2012
FX market staying very slow in Asia
We've had a reasonably busy week so the law of averages kicks in and we get a total non-event today…
October 19, 2012
Goldman Sachs leading indicator turns positive
Not that anybody is paying much attention to anything at the moment, but maybe Europe might pay…
October 19, 2012
AUD/USD session outlook
The local banks are saying that there is surprisingly little interest in the AUD at the moment. The…
October 19, 2012
EUR/USD session outlook
The break back below 1.3080 will have dampened bullish momentum so I'm expecting a session of…