March 13, 2013
Is this market long USD to it’s neck
AUD,NZDGBP crossesEUR/USDUSD/JPYOthersTrade Ideas
Like I said this morning, I have a feeling that something big is about to happen and that we have a…
March 13, 2013
FX market staying very quiet in Asia; USD/JPY still main focal point
Just going through the interbank reports from 3 of the big banks and the striking thing is that two…
March 12, 2013
GBP/AUD flows hurting the GBP
I suspect that some of the big macros might be selling after the close below previous record lows…
March 12, 2013
EUR/AUD: Major bank recommends short-term short position
One of the big US banks has just sent out a short-term sell recommendation to their customers on…
March 12, 2013
GBP/AUD: Hedge funds selling again
This market looks like it might close below previous weekly lows at 1.4550, which would be a…
March 11, 2013
AUD/USD still showing no inclination to move
The AUD tried to move lower this morning after worse-than-expected Chinese data over the weekend,…
March 11, 2013
AUD/JPY: Break above 97.50 opens up more blue sky
This could be an interesting pair to watch today. It broke above daily resistance at 97.50 on…
March 11, 2013
Quiet start to early interbank FX market
USD/JPYAUD,NZDOpen/WrapEUR/USD
The retail market won't open for another 2 hours but the interbank market is up and running.…
March 10, 2013
AUD may struggle on Monday morning after poor Chinese data
The AUD held up really well on Friday, with positive risk sentiment after strong US jobs numbers…
March 8, 2013
AUD/USD edges lower on Chinese import data but AUD/JPY buyers support
China announced an unexpected trade surplus boosted by very strong exports, but the fall in imports…
March 7, 2013
AUD/USD: Risk-reward favours selling intraday rallies.
The earlier dip in AUD/USD after the record trade deficit didn't last very long and the Aussie once…
March 7, 2013
GBP/AUD: Diverging Central Bank expectations keep the pressure on
The problem with experience is that we have seen pairs like GBP/AUD at much higher levels (twice as…
March 6, 2013
FX market at a standstill
Do not adjust your sets, there is absolutely nothing happening and rates have basically been the…
March 6, 2013
Once again Asia gives few clear clues to FX market
Maybe I've gone temporarily blind and can't read the signals but these markets are giving me…
March 6, 2013
PBOC more likely to tighten monetary policy
The NPC began yesterday and the announcements that the 2013 inflation target is 3.5% and the M2…
March 6, 2013
AUD/USD: Sell orders noted staring at 1.0265
A US investment house is reporting some solid selling interest just above the market at 1.0265. I…
March 6, 2013
Expect a very quiet session today in Asia
USD/JPYAUD,NZDOpen/WrapEUR/USD
Australian GDP will be the main risk event and any number significantly higher than expectations…
March 5, 2013
AUD/USD: Appears I was somewhat over-optimistic
No change to rates and every analyst in the market will be poring over each written word in the…