November 29, 2012
You know things are bad when AUD/NZD leads the volatility stakes
By my reckoning, AUD/NZD was the main mover today, down by nearly 50 pips as medium-term AUD longs…
November 29, 2012
AUD weakness accelerates as session draws to a close
Looks like intraday traders are squaring up before Europe opens and the AUD is trading at session…
November 29, 2012
AUD/USD: Cancelling my additional sell orders
I'm still running a small short position in the AUD/USD but I really dislike these momentum-less…
November 29, 2012
Still nothing happening in the FX world
Come back in 2 hours and hopefully something will be happening then. The major pairs are stuck in…
November 29, 2012
AUD/NZD: Selling noted as rate-cut liklihood increases
The chances of a rate cut by the RBA next Tuesday are edging very slowly higher, with the market…
November 28, 2012
AUD, NZD and CAD still finding plenty of buyers
Overall market positioning, based on CFTC and prime broker reports, would seem to suggest that…
November 28, 2012
The day ahead in the FX market, Wednesday November 28th
Economic calendar is almost totally bare: EUR/JPY has failed again near 107.00 so watch for…
November 28, 2012
Picking the year-end trends in the FX market
Generally speaking we get a fair amount of volatility in December and patient traders can certainly…
November 27, 2012
Retail market reportedly running quite short AUD
I was only popping out for a quick coffee but I seemed to bump into every FX trader in the city, so…
November 27, 2012
AUD/USD session outlook: Plenty of selling interest near 1.0500
Regardless of what happens in Europe, the AUD/USD market seems likely to stay in range trading mode…
November 26, 2012
Azerbaijan joining in AUD buying spree
I'm not sure exactly how much Australian government bonds the Azerbaijanian Sovereign wealth fund…
November 26, 2012
Quick overview of the Asian FX market
USD/JPYOpen/WrapAUD,NZDGBP crossesEUR/USD
Market in waiting mode ahead of Greek debt conference: Quiet start to interbank trading week…
November 26, 2012
AUD/USD session outlook: Eyeing the top of the weekly wedge
I've been trading this pattern for the last few months and it's been pretty good to me so no…
November 22, 2012
AUD up 15 pips after improved China PMI
The HSBC flash China PMI rose by almost 1 point to 50.4, indicating renewed expansion in the…
November 21, 2012
AUD sliding lower as risk sentiment sours
The Shanghai composite index has fallen below 2000 (edit) again briefly and is nearing 3 1/2 year…
November 20, 2012
Markets to stay range-bound until Bernanke speaks
USD/JPYAUD,NZDGBP crossesEUR/USD
Very hard to come to any conclusions about this market at the moment and I'm guessing that we will…
November 20, 2012
AUD/USD: Staying well bid despite RBA minutes
The AUD still looks reasonably strong despite the pullback after stops were triggered above 1.0420.…
November 20, 2012
AUD/USD session outlook: Benefitting from ‘reserve currency’ chatter
More reports overnight regarding the AUD reserve currency status, this time coming from the IMF who…