March 21, 2013
Bookies have Rudd at odds-on favourite to defeat Gillard
As we saw during the US election, the bookies knew the result even before the vote took place! Rudd…
March 21, 2013
No bright trade ideas this afternoon
AUD,NZDJPY crossesTrade IdeasUSD/JPY
The trades that could tempt me are: Short USD/JPY with stop above 96.70. Long AUD/USD at 1.0370,…
March 21, 2013
Australian leadership ballot set for 0530GMT
Looks like we might have our old PM Kevin Rudd back in the job in time for dinner. This should not…
March 21, 2013
AUD pops up slightly after improved China PMI data
AUD/USD has popped up to 1.0390 from 1.0375 after HSBC China manufacturing PMI data came in at…
March 21, 2013
NZD/USD: Whippy after data, possible basing formation on s/t charts
The NZD/USD and AUD/USD are both giving me the same vibes this morning, namely that the topside…
March 21, 2013
AUD: Much will depend on what happens in AUD/JPY
Flows and OrdersTechnical AnalysisAUD,NZD
AUD/JPY is again fast approaching the important physical and psychological barrier at 100.00.…
March 20, 2013
AUD: Torn between AUD/JPY and EUR/AUD flows
AUD/JPY fell last night as the market reverted to risk-aversion mode, but this pair is still…
March 19, 2013
Rio Tinto sees slowing demand for iron ore
The other big Australian miner sees demand slowing and prices falling in the iron ore market in H2.…
March 19, 2013
AUD/USD: Local hedge fund sells above 1.0390
One of the big Asian banks put out a bearish piece on the AUD in the last few hours and one of our…
March 19, 2013
Early morning snippets
AUD,NZDEUR crossesFlows and OrdersUSD/JPYOpen/Wrap
USD/JPY: So-called 'clever money' seen selling at 95.00 and 95.50 overnight. BOJ changing of guard…
March 17, 2013
Trading opportunities on Monday morning
Flows and OrdersUSD/JPYTrade IdeasAUD,NZDGBP crosses
I'm not expecting much volatility on Monday morning but those with early interbank access can…
March 15, 2013
AUD/USD: Very quiet in Sydney with few flows of note
There were a couple of very minor flurries in AUD/JPY and in AUD/NZD but otherwise its been a very…
March 15, 2013
Highlights today in GBP/AUD and AUD/JPY
AUD,NZDGBP crossesFlows and OrdersJPY crosses
GBP/AUD has based twice at 1.4400 but has not yet been able to break back above previous record…
March 14, 2013
USD/JPY drifts lower as AUD/JPY resistance holds
The most obvious play in recent trade has been to sell near 96.25 sell orders in expectation of a…
March 14, 2013
AUD: You simply can’t keep it down
AUD/USD is testing chart resistance at 1.0370, AUD/JPY is testing 99.50 and AUD/NZD is headed for…
March 14, 2013
AUD/JPY technicals: Still looking bullish
Technical AnalysisUSD/JPYTrade IdeasAUD,NZD
I've posted both short and medium-term charts in the members section and both look bullish. The…
March 14, 2013
AUD/NZD back near 1.2600 again
The downward revision in inflation forecasts is leading to a substantial downward revision in…
March 14, 2013
NZD falls surprisingly hard after RBNZ; AUD/NZD trade idea
I don't find anything that the RBNZ did or said in any way surprising; they've been saying for the…