March 7, 2013
BOJ: Kuroda nomination likely to lead to increase in Yen selling (again)
We all know its going to happen, that Kuroda San will be nominated and probably accepted as the…
March 6, 2013
Expect a very quiet session today in Asia
Open/WrapEUR/USDUSD/JPYAUD,NZD
Australian GDP will be the main risk event and any number significantly higher than expectations…
March 5, 2013
USD/JPY still drifting lower
It appears that Mr Grundlach's USD/JPY target of 200 may take a few sessions to reach (I'll have…
March 5, 2013
Think you’re bullish USD/JPY? How about 200!
Jeffrey Gundlach manages a $56 billion bond fund and he was quoted in a newspaper interview as…
March 4, 2013
Yen outlook
USD/JPY turned sharply higher on Friday during NY trade but I do not expect these gains to be…
March 1, 2013
AUD/JPY: Flow guy says sell-orders now cancelled
Flows and OrdersUSD/JPYAUD,NZD
Anyone who sold yesterday alongside the sell orders at 95.10/20 will be interested to hear that the…
March 1, 2013
Cable: Prefer to buy intraday dips for 1.5250 test
USD/JPYGBP crossesTrade IdeasAUD,NZDEUR crossesEUR/USD
I still feel that last Friday's gap in late NY trade from 1.5250 is likely to be closed. I prefer…
February 27, 2013
USD/JPY orders
Solid offers now starting at 92.25 and again 92.40/50. Modest bids 91.55/60. Stops below 91.40 but…
February 26, 2013
USD/JPY: Likely to be toppish in short-term 92.00/25
Previous support was very strong near 92.00/25 and this level has now been categorically breached.…
February 25, 2013
USD/JPY still surging, highs so far around 94.75
Dealers are too busy to talk to me and I remember well how hectic it can be on a Monday morning in…
February 25, 2013
Cable makes new lows below 1.5130, USD/JPY gaps 100 pips higher
The early interbank market is up and running and cable has traded to fresh trend lows near 1.5100…
February 21, 2013
Another old adage: GBP market always ignores what happens in Asia
Cable is back close to regaining 1.5200 and another old market saying is that the London market…
February 20, 2013
Hedge funds seen selling USD/JPY in recent trade
Early players in Switzerland have been seen selling the USD/JPY in the past 60 minutes.
February 20, 2013
Short-term technicals updated
Technical AnalysisJPY crossesUSD/JPY
The potential USD/JPY H&S and the EUR/JPY pennant are still relevant. Please view the charts in…
February 19, 2013
USD/JPY: Another technical record surpassed
Thanks to Chris Weston on Twitter for another piece of interesting technical trivia; USD/JPY has…
February 19, 2013
NZD/JPY: Looks massively overbought on all daily indicators
As we well know, when strong trends are in play these indicators can stay overbought for a very…
February 19, 2013
Modest volatility in JPY and AUD post CB minutes
Flows and OrdersUSD/JPYAUD,NZD
USD/JPY dipped on comments from the Japanese FinMin regarding foreign bond purchases more than as a…