January 4, 2013
Nikkei +3%, USD/JPY makes new highs
The USD remains pretty well bid in Asia though I'm still not quite sure why the market is so bulled…
January 4, 2013
USD/JPY: Getting close to resistance level at 87.60
Technical AnalysisTrade IdeasUSD/JPYFXWW News
The 61.8% retracement of 94.90/75.60 comes in at 87.60 and if this level holds then bears can…
January 4, 2013
China and Japan back today
Regional sharemarkets should get another boost today as China and Japan return and start playing…
January 2, 2013
Asian economic indicators on the improve
Singapore Q4 GDP +1.8% QoQ, better than the -1.0% expected: HSBC South Korean PMI 50.1 in…
December 28, 2012
EUR/JPY: Optionality expected at 115.00
No sign yet of any slowdown in the EUR/JPY bull move and I suspect that Japanese investment funds…
December 28, 2012
Japan manufacturing PMI falls to 45.0
Any PMI number below 50.00 signifies contraction in the manufacturing sector. EUR/JPY has now…
December 27, 2012
USD/JPY and EUR/JPY still edging higher
USD/JPY is consolidating it's break of previous highs at 85.50 and continues to edge higher in…
December 27, 2012
New Japanese FinMin named
Taro Aso is the 6th finance minister in recent years and is well known for his willingness to open…
December 19, 2012
FX market is usually very quiet ‘between the years’
Most corporate players will have completed all their FX requirements for the year, as will most of…
December 18, 2012
Quick overview of Asian FX market
Negotiations around the US fiscal cliff seem to have made some progress and this has resulted in…
December 18, 2012
EUR/JPY edging higher as risk sentiment improves
The Chinese FDI data was down on last year but no-one is paying any attention and risk sentiment is…
December 17, 2012
Quick overview of Asian market
It was all about the Yen today after the Japanese general election. USD/JPY opened near 84.25 in…
December 13, 2012
Quick overview of intraday flows
Only major flows of note have been in the Yen crosses with Samurai launches ensuring plenty of…
December 13, 2012
Gold under pressure in Asian trade
Gold broke below $1705 and triggered stops all the way down to $1696 before stabilising. It's…
December 12, 2012
AUD not reacting to personal finance data
AUD/USD is trading quietly at 1.0530 in early Tokyo trade with no reaction to data, -0.9% MoM
December 11, 2012
Average daily FX volumes down by 15% YoY
Just reading through some official data on total daily FX turnover and it makes for sobering…
December 7, 2012
Afternoon webinar on FX Street
I'll be doing another webinar this afternoon on FX Street, topic this time is 'stop loss hunting'.
December 7, 2012
AUD: No change after trade data
Trade data came in as expected and the AUD is pretty much unchanged compared with the NY close. Not…