Day ahead in the FX market, Thursday January 10th


Today's main event will be the Chinese trade data which should be released around 01:30 GMT: The…

Time to re-think the bearish AUD trade


On Monday I was lucky enough to sell EUR/JPY at the top but last night I experienced the other side…

AUD/NZD short-term trade idea


This comes from an interbank source (who is undoubtedly short already and wants the market to start…

EUR/AUD: Adding to small long position


Luckily I bought near the absolute top yesterday :( but I often find that these trades turn out to…

Australian November retail sales -0.1% MoM Versus +0.4% expected


The AUD/USD tried to test 1.0520 before the number but the bulls were swiftly rebuffed when the…

AUD quiet ahead of retail sales data


AUD/USD is treading water near 1.0510 ahead of the retail sales data due in 20 minutes. Sell orders…

Alcoa reports increased sales, and optimistic outlook especially on China


One pair to watch this morning could be the NZD, with stop-loss buy orders reported in NZD/USD…

EUR/AUD: Buy now for move to 1.28+


     There was very nice technical support at 1.2410 which held well and this pair is starting to…

AUD/JPY: Worth considering a short after poor trade data?


     The poor trade data does make a rate cut slightly more likely although the futures market…

Australian trade deficit AUD 2.64 billion in November


Nice call from the CBA earlier. AUD/USD is a few spreads lower but staying fairly quiet overall.

CBA: Expecting Australian trade data to disappoint and AUD to ease modestly


Based on peculiarities in iron ore pricing, the CBA is expecting the Australian trade data to be…

The day ahead in the FX market, Tuesday January 8th


Australian trade balance 00:30 GMT, -AUD2.3bln expected: UK BRC retail sales 00:00 GMT, last +0.4%…

AUD: Chances of a February rate cut continue to fall


Last week the chances of a rate cut in February were seen at over 60% by the market but the…

AUD/USD: Still like buy-dips trade with stop below 1.0350


Last Wednesdays move off the 1.0380 lows looks like it might get fully retraced but I still like…

Friday January 4th: No obvious trends yet to emerge


Since the temporary fiscal cliff solution was agreed upon, EUR/USD has gone from 1.3175 to 1.3300…

Updates on important levels and ranges


EUR/JPY: Looks like a broad 113/116 range in coming sessions so patience required: USD/JPY:…

AUD/USD session outlook: Play edges of 1.0460/1.0540


The main factor to watch for here in coming weeks is the influx of US cash into the Australian…

Levels to watch for today during Asian FX trade


USD/JPY: 61.8% retracement of 95.00/75.60 comes in near 87.60 which was the approximate high…