Citi: Tide change for JPY?


Citi Bank's JPY spot desks are anticipating a reversal of the recent JPY rise with technical…

The little Aussie battler: Currency of the Year 2023


Looking at all of the major currencies I am really struggling to find one which I am comfortable…

Gold: Major technical support window 1675-1700 holds again


Well it held the first test at least, which is usually what happens with major technical levels.…

Edging into long USD/CHF position


I've been caught in the washing-machine tumble cycle for the past few months and my most recent…

Reasons to be cheerful, Part 3


Stopped myself out of USD/JPY and what have I learned? First lesson was that the Tokyo market was…

USD/JPY: Shorts in play


I quite like the prospects for a short-term reversal in USD/JPY and have started building a short…

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…

Levels to watch- Friday October 21st


I'm still long AUD/USD after buying the 'dip' at .7670 yesterday. I'm still comfortable with the…

USD rally gathering momentum


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

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…

USD bears not panicking yet post FOMC


The FOMC statement was more dovish than expected and while the bearish USD trend looks to be…

USD/JPY: Still firmly in consolidation range


USD/JPY has been stuck in a 116/121 range since early December and it looks likely to stay in this…

USD/JPY breaks lower in early interbank trade


USD/JPY has broken below its previous consolidation channel between 117.20/119.00 trading thus far…

Liquidity gaps going to be a major issue for FX market in 2015


Don't confuse liquidity gaps with level of turnover. We have had a few days last week where hourly…

USD/JPY: Swing trading still the approach, but not so sure about bias anymore


I've been approaching USD/JPY with a swing trading mentality and a mild bearish bias, and whilst…

Prefer to trade USD/JPY and AUD/USD pre- and post-ECB


The EUR will be whippy and silly at times I'm sure and even the GBP will get turbulent with EUR/GBP…

USD/JPY: More short-term gains likely with market in swing-trading mode


I've had a reasonably good handle on USD/JPY over the last two weeks and I know I'm trading a…

Longer term JPY positions likely to be tested today


Forget about fundamentals, once the market gets a nasty shock the obvious reaction is to scale back…