EUR/GBP: Nearing recent lows


Recent support points at .7935 are coming back into view and there is a 61.8% retracement level…

Seems to be large difference of opinion, retail vs professional markets


I certainly don't talk to everyone in the professional market but I do see pretty much everything…

GBP: Asset rebalancing demand expected at London fix


Just like the AUD during the Asian session, the GBP is likely to be the main beneficiary of…

GBP/USD: Interesting buyers noted but 1.75 by Christmas?


One of the big Prime Brokers is extremely bullish on GBP. They have been seeing some very large…

Asset rebalancing likely to be AUD and GBP positive


Its nearing the end of the financial quarter so we can expect turnover at the London Fix to be much…

Cable: Taking some more P off the table


I've booked some more profit on my cable shorts at 1.6173 as I feel that support near 1.6160 should…

EUR/USD: Stops set-off below 1.2880


EUR/JPY looks like it also set off some stops and the EUR/USD fell 20 pips very quickly in what…

Nothing new emerging during Asian trade: NZD the big loser so far today


There have been no new developments over the last few hours, fundamentally or technically, and…

Cable: Taking a bit of profit off the table


I've bought back my 1.6255 sales from yesterday at 1.6185 and will continue to play a broad…

Early European flows


EUR/USD: Asian and Middle Eastern players were main sellers in early trade with the unconfirmed…

Adding smalls to cable position


I've sold a small amount of cable at 1.6255, adding to my existing short position. A UK clearer was…

What the big Prime Brokers are reporting..


Not much is the short answer, though it seems many of the big hedge funds are quite neutrally…

Asian market open


You can read my opening comments on FX Street.

Cable: Look to cover partials near 1.6160/70


I remain bearish but will look to book partial profits near 1.6170ish, hoping to re-sell on 100 pip…

Cable: Looking to build shorts inside 1.6160/1.6270 s/t range


I'm short already after the renewed failure at 1.6300 and I'm looking to build a substantial short…

“Short the screen” to start the week


I sold AUD/USD, cable and EUR/USD on Friday and although I was a bit nervous over the weekend that…

Asian market open


You can read my full opening commentary on FX Street. Summary: EUR/USD range trade 1.2930/1.3000;…

EUR/GBP: Buying dips to .7965 looks like an excellent proposition


The 50% retracement of .7810/.8110 comes in at .7960 which is close to where the previous spike…