March 3, 2015
Post-RBA price action suggests to me that AUD/USD goes higher quite soon
There was a pop in the AUD/USD just prior to the RBA rate decision and this occurred because all…
March 3, 2015
Market split 50:50 on RBA decision today
There is a very even split amongst analysts and interest rate traders as to what the RBA will do…
March 2, 2015
EUR/USD: Opens week with a very heavy feel
EUR/USD is currently trying to hang on to hourly support levels near 1.1170/80 but a break below…
March 2, 2015
AUD/USD steady in early trade, not reacting to Chinese rate cuts
The market has been expecting some stimulative measures from the PBOC and perhaps that's the reason…
February 27, 2015
Large fixing flows expected today
Most of the big banks are expecting very significant end-of-month fixing flows later today and all…
February 27, 2015
Exiting long AUD/USD play; too much uncertainty around EUR/USD
I don't like the overnight price action in EUR/USD and I'm exiting my long AUD/USD play basically…
February 26, 2015
Could USD/CAD be the next to topple from the USD house of cards!
Cable has been leading the way, first rejecting levels below 1.50 and the daily close back above…
February 25, 2015
USD: I’m still clinging to the contrarian view
Nothing has changed compared to yesterday morning with all of the major USD pairs still well inside…
February 24, 2015
Range trading, apart from the GBP
EUR/USD is in sideways consolidation below 1.1500. The market remains bearish. Only a break above…
February 23, 2015
EUR/USD: Professional market still looking to sell despite Greek debt extension
FXWW NewsEUR/USDFlows and Orders
Most of the research and trade strategies that I'm reading this morning from banks and professional…
February 23, 2015
AUD/USD: Still long, hoping for a break above .7850/70 resistance
It looks like there are still plenty of offers in the AUD/USD ahead of .7850 and we could be in for…
February 21, 2015
Big Prime Brokers issue liquidity warnings for Monday morning
Liquidity gaps will become an increasing issue for the FX market and we are seeing/hearing…
February 20, 2015
AUD/USD: .7850 still key short-term level topside
There is talk in the market of a short-term exotic option structure which is corralling prices…
February 20, 2015
AUD/USD: Short-term exotic structure .7750/.7850
FXWW NewsAUD,NZDFlows and Orders
I'm not sure of the exact levels but the weight of bids towards .7750 and the weight of offers…
February 19, 2015
USD bears not panicking yet post FOMC
The FOMC statement was more dovish than expected and while the bearish USD trend looks to be…
February 18, 2015
AUD/USD: Longs in play, hoping for a trend reversal
The AUD/USD has so far been unable to generate any sort of decent reversal momentum so this may…
February 18, 2015
CAD/JPY: Quasi-oil trade in the FX market reverses sharply
Some weeks back, when oil started to crash, it took quite some time for the traditional oil play in…
February 18, 2015
Broad-based positional adjustment ahead of Chinese New Year holiday
The EUR started to ignore continued negative headlines and this has had an effect on itchy profit…