October 17, 2012
AUD/USD still grinding higher
Offers near 1.0320 have now been filled and the market can now get back into stop chasing mode. I'm…
October 16, 2012
USD/SGD: ‘Agents’ bought around $400million today
Looks like the MAS will continue to defend the 1.2200 level, with local agents reportedly buying…
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 12, 2012
MAS: 17 out of 21 analysts get it wrong, again.
Most of the market once again got today’s Monetary Authority of Singapore (MAS) decision badly…
October 9, 2012
Asian currency update: CNY, KRW, SGD, and MYR
CNY: Fixed at 6.3441; Shanghai Bourse +2%; Speculation increases of an RRR cut this month: KRW:…
October 9, 2012
IMF lowers growth forecasts
More from the FT. They don't mention Australia which also got lowered to 3.0% from 3.5%.
October 8, 2012
US markets closed tonight
That should mean that the European market starts to quieten down sometime soon. Good luck with your…
October 5, 2012
EUR/JPY: More likely to go lower in short-term
Fibo resistance at 102.25 now confirmed: BOJ decision out of the way: And the market was short JPY…
October 5, 2012
EUR/USD: Mild bearish bias at current levels
As I mentioned earlier, there is Fibo resistance at 1.3030 in EUR/USD and at 102.25 in EUR/JPY and…
October 5, 2012
GBP/JPY trade update
I've been long since Monday and am currently 150 pips in the money. This pair is stalling near a…
October 4, 2012
Still looks like a sell-Asian-currency play
The AUD has bounced after posting fresh lows but still looks soft and the JPY is also out of…
October 4, 2012
AUD/USD: Next support 1.0165
Safe to assume stops below there, with next below there at 1.0100. If AUD stops go off then NZD…
October 2, 2012
Slow going in early Europe
I'm off for a break as the going is just too slow. I'll pop back a bit later on and if anyone has…
October 2, 2012
Whole lotta nothing going on
The JPY crosses are modestly higher in early Tokyo but interest has been very low so far. China is…
October 1, 2012
Catch you tomorrow..
I'm thinking most rates will be pretty much as they are now but at least we should get some…
October 1, 2012
Asian markets update
China closed all week; Korea and Australia closed today: Chinese National Party Congress will be…
October 1, 2012
Positioning still quite neutral amongst big hedge funds
Positioning data from the futures market showed that EUR shorts have been reduced to 11 month lows.…
October 1, 2012
Back later..
Much of Asia is closed today so I'm expecting the market to stay quiet. I'll be back in a few hours…