November 23, 2012
EUR/USD: Barrier pops but no volatile follow-through as corp sellers await
Relatively small barrier at 1.2900 has been consigned to history but there has been no volatile…
November 23, 2012
Modest amount of USD selling in quiet trading conditions
It will be a very quiet session to end the week here in Asia, with only a modestly lower USD to…
November 23, 2012
EUR/USD session outlook: Should struggle ahead of 1.2900
Flows and OrdersEUR crossesEUR/USD
EU council meeting starts shortly but headlines are unlikely for quite some time: The EUR did well…
November 22, 2012
10-year Greek yields almost 0.5% lower
The EUR is getting a boost from the sharp drop in Greek 10-year yields.
November 22, 2012
EUR/JPY dispatches another technical resistance level
Technical AnalysisEUR crossesEUR/USD
This very strong trend continues to power ahead and weekly trendline resistance near 106.20 has…
November 22, 2012
EUR/USD: Still some sizeable stops around
I would not be at all surprised to see these stops targeted before the long weekend begins. The…
November 22, 2012
Quick overview of Asian FX market
Fairly quiet in Asia ahead of long weekend in the US: Nikkei +1%, Hang Seng +0.6%; Gold $1731/oz:…
November 22, 2012
Market still overall short of EUR
It's very logical to be short and bearish of the EUR given the situation in Greece and Spain but…
November 22, 2012
Trailing stops triggered in EUR/USD
The EUR is higher across the board over the last hour with trailing stops in thin markets getting…
November 21, 2012
EUR/JPY looks to have well and truly broken higher now
This Yen weakness is impossible to staunch it would seem and the latest in a long line of really…
November 21, 2012
Merkel sees possible Greek deal
Latest Greek-debt headlines across DJ are giving the EUR a mild lift. The German PM sees possible…
November 21, 2012
EUR/JPY still needs to comprehensively break above technical resistance
There was a marginal break above 104.80 today but this resistance still needs to be comprehensively…
November 21, 2012
Spanish 10-year yields edge lower
The EUR might get a slight bullish bump from the bond markets. I still think the sell-off off the…
November 21, 2012
EUR/USD: Short trade strategy
Chifbaw, one of the strategists that I've started monitoring, has gone short EUR/USD near 1.2750…
November 21, 2012
EUR: Reaction to EZ FinMin headlines way overdone
The market hadn't categorically expected any developments from the FinMin meeting but I guess the…
November 21, 2012
EUR/USD orders: No bids until 1.2700
You gotta be very quick in this game and EUR/USD gave us all a very brief opportunity before…
November 21, 2012
EZ FinMins to meet again on Monday
Schaeuble says FinMins could not reach agreement on Greece and will meet again next week. The EUR…
November 21, 2012
EUR/JPY pulling back after failing to hold gains
USD /JPY has managed toehold above previous resistance at 81.50 so the fact that EUR/JPY hasn't…