Category in Trade Ideas

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 disparity between professional and non-professional traders. USD sentiment remains 50:50 with professional traders whilst the bears are clearly in charge at 32:68 amongst the retail trading community. Positioning data does not yet support the sentiment measure in either the

FX Price-Less market: What happened in GBP this morning and why these unwanted liquidity events will continue

I know all of us old interbank market dinosaurs will be driving you crazy with our “I told you so’s”, but we did! Whether for regulatory, commercial or technical reasons, the very core of the FX market no longer exists; namely the hundreds of interbank traders who sat at their desks and provided pricing no

BOJ and Fed: What the professional traders think… and what’s the Outlier

Analysts, economists and commentators have been having their say for weeks but what are professional traders thinking? BOJ: Short-term risk is still to the downside according to most surveyed, with an almost unanimous expectation that the BOJ will introduce its adjusted policy framework but will be light on policy changes. Perhaps a token 10bps cut,

USD/JPY: “Follow the Money” suggests downside risk for USD/JPY ahead of BOJ meeting

There has been a perception in the Asian market for decades that the big Japanese corporates somehow had the inside rub on major policy shifts by the BoJ. The idea being that hedging amounts tended to increase or decrease significantly in the lead up to major meetings. Next week’s meeting is looming as a major

MDT update

We are almost 4 weeks into the Axi Trader million-dollar-trader competition and the front-runner Alfadhalah is showing no signs of slowing up. His performance has been quite extraordinary and I will post a more in-depth individual profile soon. The trend-followers have had a lucky break in that the market is in the midst of some