Australian PM under increasing pressure


Tony Abbott will present a major speech to the Press Club later this evening and many expert…

AUD/USD: Long and wrong (for now) yet again


Such is the contrarians life, constantly getting burned while probing for the turn. Since…

Bank analysts uniform in their expectations for RBA rate cuts


Well actually is would be much more of a surprise if they actually differed from each other. The…

AUD: Weighted mean CPI +2.3% YoY, slightly above expectations


I'm looking to add to AUD/USD longs on dips as this result should ensure that any rate cuts are…

AUD/USD: We can expect high volatility around CPI data


The market is bearish AUD/USD and today's CPI data could determine whether it stays that way. The…

AUD: Important days ahead


Iron ore prices fell sharply again overnight and precious metals also stalled their recent run…

AUD/USD: Edging into fresh long position


EUR/AUD is bearish to my eye and will head back below 1.3000 in coming months; AUD/JPY looks…

AUD/USD: Reserve buyers noted on dips today


Some nice snippets in the FXWW chatroom today regarding the AUD/USD. Reserve buyers have been…

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…

AUD/USD: Market pricing in 50% chance of February rate cut


The CAD, AUD and NZD are always tightly correlated and the surprise overnight move by the BoC to…

NZ CPI on this morning’s calendar


The Reuters smart estimate (see table) suggests a little bit of downside risk for the NZD this…

What are the next big positions at risk


That's the question I'm asking myself after the rout in EUR/CHF. There will be absolute horror…

AUD higher after very strong employment data


The Australian economy added 37,400 jobs and the unemployment rate dropped to 6.1% with a slightly…

AUD/USD: Pick a 200 pip range for this week


The downtrend in AUD/USD is quite strong but it's already come a long way and the AUD looks…

AUD/USD: Heavy interest both sides of market


Large bids are being reported towards .8000 which suggests significant optionality. There will be…

AUD/USD: Heavy interest both sides of market


Large bids are being reported towards .8000 which suggests significant optionality. There will be…

Oil, Copper fall heavily; likely to influence AUD/JPY in particular


Crude oil prices dipped below $50/bbl for the first time in over 5 years and copper prices also…