October 16, 2012
AUD: No new momentum from RBA minutes
AUD/USD is stuck in the middle of a tight 1.0230/70 range and the release of the meeting minutes…
October 16, 2012
JPY crosses picking up some bullish momentum; volatility to stay for next few hours
Early Tokyo is keen to jump on the Yen-crosses bullish momentum and both EUR/JPY and AUD/JPY have…
October 16, 2012
EUR/JPY technicals: Play 101.50/102.80 with bullish bias
The break above 101.90 has given this pair a bullish bias in my opinion, and I'm looking for a…
October 16, 2012
AUD/JPY trade: Risky longs in play
JPY crossesTrade IdeasUSD/JPYAUD,NZD
I've got a relatively small long position here at 80.68 with a 40 pip stop-loss and I will look to…
October 15, 2012
EUR/USD: Stops reported above 1.2995 and again above 1.3020
Interbank dealers report plentiful stops situated above recent highs at 1.2995 which may be…
October 15, 2012
EUR/USD: That was the dip and I missed it!
As usual, Europe walks in says "what was Asia thinking" and promptly reverses whatever happened…
October 15, 2012
USD/JPY: Good-sized selling interest reported above 78.85
Flows and OrdersJPY crossesUSD/JPY
Nice bounce in EUR/JPY off the earlier lows near 101.00 has taken USD/JPY to an intraday high near…
October 15, 2012
AUD/USD off lows after China CPI data and CNY fix
China's CPI came in bang on expectations at +1.9% YoY and a little while before that, the PBOC…
October 15, 2012
EUR/USD trade idea: Asian moves on a Monday are always wrong!
So goes the old market 'wisdom'', that the first move of the week in Asia, especially if its a big…
October 15, 2012
Just another risk-off Monday: AUD drifts lower as S&P futures fall
I believe that something like 14 out of the last 15 Monday's have been risk-off and today is…
October 15, 2012
USD/SGD: Around $2billion bought in intervention near 1.2200 on Friday
That's the guestimate I'm hearing from one of the big banks, that agents for the MAS bought around…
October 15, 2012
AUD/USD slips back to opening levels in quiet trading conditions
We saw a small spike higher in early trade on the back of better-than-expected Chinese trade data…
October 14, 2012
AUD/USD weekly preview, October 14th: Stronger CNY and SGD could foster short-covering
There is a fairly clear downtrend in play here but the signs are strong that this pair's…
October 14, 2012
EUR/USD weekly preview, October 14th: Range trade with bullish bias
There is a very clear range-trading pattern in EUR/USD at the moment, with highs between…
October 12, 2012
USD/SGD: Heavy SGD selling near top of 2% band
It looks and feels like intervention with a number of big local banks buying a guestimated…
October 12, 2012
EUR/USD: Stops triggered as bond yields edge lower
Bit of a stop-loss hunt in early European trade with stops triggered above 1.2955 and more reported…