Once again apologies to all those awaiting access but we should have it sorted out very soon (as you know, IT stands for Irish Time 
).
”
Sean Lee FXWW
Quiet start to interbank trading week
EUR/USD is trading at 1.3550, USD/JPY at 101.30, cable at 1.6230 and AUD/USD is at .9160.
All of the focus remains on the crosses with the GBP staying very strong […]
EUR/JPY: 135.50 still key level amongst major pairs
At first glance, it would seem that very little happened overnight. The EUR has strengthened marginally on the crosses from European opening levels but there is little or no […]
Quiet start to the interbank trading week
- Market remains moderately bullish for USD according to latest CFTC positioning data;
- Prime brokers report that long USD/JPY is still the speculators favourite position;
- Market still doesn’t believe the long cable […]
AUD/USD: Favours a .9420/.9520 trading range
- Previous highs turned pivot at .9520 should offer solid resistance;
- Sovereign bids expected .9410/20;
- Crosses look mixed but AUD does seem to be nearing better value levels, especially against the EUR […]
Asian market open, Wednesday October 30th
The USD has made more ground overnight, breaking through short-term resistance against the Yen after bullish moves yesterday against the AUD and the GBP. The economic calendar is again […]
Market still in waiting mode: Levels to watch today are…
Not exactly sure what we are waiting for, but I hope it happens soon! The big storm in Europe undoubtedly contributed to the quiet conditions and NY was unable […]
Peter Jackson RIP
It saddens me to have to report that Peter Jackson, who many will remember from Forexlive, passed away last night at a very young age. Rest in peace Pete.
FX market now less predictable after yesterday’s change in tempo
We had a definite change in tempo yesterday during the Asian session and through early Europe with traditional risk trades like NZD/JPY (during the Asian session) and GBP/CHF (during […]
Quick overview of busy Asian session
- Yen crosses opened with a very bullish tone after US data;
- AUD/USD broke higher after higher-than-expected domestic inflation data, taking out technical resistance at .9715 (50% Fibo) but stalling ahead […]
Major pairs steady in early interbank trade
- Doesn’t look like there were any big stop-loss orders close to the market as the majors are trading quietly near their closing levels from Friday;
- There were no big developments […]
London get-together November 12th
I’ll be over in Europe in early November and am planning to catch up with a few fellow bloggers in London on the evening of Tuesday November 12th.
If you’re […]
USD selling picking up pace
- Chinese ratings agency Dagong downgrades the US;
- USD/CHF triggers stops below .9060 and is testing technical support near .9045;
- USD/JPY down 100 pips from this morning’s levels;
- EUR/USD sees huge pick up […]
FX market staying very quiet in Asia
- The AUD has recovered from earlier losses, which were caused by poor Chinese exports data over weekend;
- Market has reverted to glass-half-full, now focusing on strong imports and domestic demand;
- AUD/USD […]
FX market looking to non-USD pairs for trading opportunities
- Unusual pairs like GBP/NZD saw much of the volatility overnight, falling heavily before recovering all losses;
- I suspect that many traders prefer to look to non-USD pairs whilst the US […]
European open: Still prefer to play market from short-USD side
- USD/JPY broke below the 200-DMA at 96.68 but failed to trigger stops below 96.50;
- Semi-official names remain the noted buyers on dips;
- JPY crosses are higher across the board after Asian […]
Very quiet in Asia with China and Australia closed
- USD/JPY has looked like the pair most likely to move with heavy stops touted below 96.50 but the bids between 96.70/90 are reportedly very solid indeed;
- The NZ FinMin took […]
Away until Monday next
I’m off for a few days break, starting tomorrow and will be away until Monday next. If anything unbelievable happens I will of course share my thoughts but sometimes […]
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