In the grip of the Algos but sticking with the plan


I've been getting chopped around a bit over the last couple of weeks with the big Algos seemingly…

Careful Now! Equity markets have me a bit worried


I was very bullish cable to start the week and I've obviously been totally wrong on that one. This…

JPY crosses providing direction for now


EUR/JPY is back at levels last seen over 3 years ago and this is putting the other JPY crosses…

Sticking with buy-dip strategy in AUD/USD, Gold and Cable


I don't see anything to change my medium-term macro view that the USD will come under increasing…

GBP/JPY: Dipping my toes into the short side trade


Now that the good news of an agreed Brexit deal is built into the price, we turn our attention to…

GBP: Still prefer to look for selling opportunities


I've been chopped around in recent weeks on the short GBP play but I still feel that the short side…

EUR/GBP: Keen to be long but reassessing levels


Like I wrote last week, I am keen to be long EUR/GBP but having reassessed current momentum and…

Global Liquidity Conditions: So what should we be trading in spot FX world?


Global liquidity conditions were, according to quite a few learned commentators (eg Morris…

Cable: Looking to range trade; volatility only going to increase


Plenty of risk factors at play in sterling, what with trade wars, Brexit, and a general feeling of…

Another big week for GBP with two-way risk on Brexit headlines


The great thing about being a sterling trader is that there is never any shortage of volatility.…

Cable (currently 1.3175): Looking for buying opportunities


The short-term trend remains bearish but I feel that momentum is starting to wane and some…

FX Market Sentiment & Positioning; week to 26th Jan 2018


Our proprietary analysis of online and social media sentiment in the major FX pairs shows a…

USD remains under pressure in early Asian trade


EUR/USD traded up to 1.2270 in very early Asian trade, 50 pips above Friday's close, after positive…

USD rally gathering momentum


The precious metals, the JPY and the GBP have been the main sufferers at the hands of a bouncing…

Plenty of bottom-pickers in the GBP crosses


As you all well know, I'm an inveterate contrarian and this trait is currently on show through my…

GBP opens firmer after weekend comments from MPC member


Bank of England Monetary Policy Committee member Martin Weale said Sunday he expects interest rates…

Cable: Playing from long side for now


There are still plenty of very bearish recommendations coming from the big banks but the price…

GBP looking fragile across the board


A market always looks like it's most bearish at the bottom but it would be a brave person who would…