November 1, 2012
AUD/USD: 1.0350/1.0400 likely to cover most eventualities
Unofficial Chinese PMI data is the main risk event (01:45 GMT) but dealers still expect the AUD/USD…
October 31, 2012
EUR/AUD trade update
The position has been reduced again as our trader feels he may have entered at less than attractive…
October 31, 2012
Looks like the SNB is done with its EUR selling, for now at least.
The EUR is also getting a lift after the latest SNB reserve allocation data was published (link is…
October 31, 2012
Few comments re market positioning
AUD,NZDFlows and OrdersUSD/JPY
The professional market and the retail market act in different ways. If you read that the retail…
October 31, 2012
Troika/Greek negotiations finally seem to be coming to a close
That's is according to some early news reports out of Europe. If and when the end is announced,…
October 31, 2012
Professional market positioning overview: EUR shorts on increase again
EUR/USDUSD/JPYFlows and OrdersAUD,NZDGBP crosses
I collate this data from 3 of the biggest prime brokers and one leading investment bank. In…
October 31, 2012
EUR/AUD trade update
This interbank trader seems to be getting a bit aggressive in his old age. :) You can follow all…
October 30, 2012
Fresh EUR/AUD trade signal
One of our professional trade contacts, an interbank trader here in Asia, has just taken a fresh…
October 29, 2012
AUD/USD: Solid bids at 1.0340
AUD/USD is holding up well despite the lower EUR/USD and cable, and dealers say that decent-sized…
October 29, 2012
Asian market headlines
Asian stocks slightly higher ahead of tomorrow's BOJ meeting: US stock markets to stay closed…
October 28, 2012
AUD: Focus will increase this week on RBA meeting
I got a little bit carried away in my previous post, (getting excited by the Melbourne Cup!), and…
October 26, 2012
RBA rate decision next week: Board-member statements suggest a rate cut still very much on cards.
For many people, the big event on Tuesday will be the Melbourne Cup, the race that stops a nation,…
October 26, 2012
Risk trades looking bit sick as Europe gets underway
No major story to report out of Asia with the usual case of positional adjustment ahead of the…
October 26, 2012
AUD/JPY losing ground on Friday square-up
Looks like some profit taking ahead of the weekend and we are back near yesterday's break-up level…
October 26, 2012
Ranges to watch in early Friday trade.
AUD,NZDEUR crossesEUR/USDUSD/JPYJPY crosses
Obviously the Yen crosses are the main ones to watch: USD/JPY: Reports of a barrier at 80.50 and…
October 25, 2012
Chinese newspaper reports giving risk-sentiment a boost
Reports in official Chinese newspapers that China will take steps to increase domestic demand are…
October 25, 2012
AUD/JPY: Looks like some short-term stops were triggered above 82.70
AUD,NZDTechnical AnalysisUSD/JPY
I'm sorry to be so cynical but it seems like the only reason the market can find for moving is…
October 24, 2012
Citibank FX strategist sees AUD hitting new highs in 2013
Steven Englander, head of G10 strategy at Citi, says reserve manager buying will the be main driver…