AUD/JPY: Still capped by barrier protection ahead of 95.00


Another very quiet night in the FX markets and we can brace ourselves for similar lack of movement…

Long GBP still my preferred play


I see no reason at the moment to get off the GBP bull train and any dips are buying opportunities…

AUD/JPY: Significant defence of 95.00 barrier


One of the bigger Japanese banks has confirmed that a large barrier is in place at 95.00, just as…

Hard to gain insight from quiet Asian markets


EUR/AUD short term support held firm at 1.4130 and we saw a brief blip before prices settled…

AUD crosses sitting right on resistance levels


AUD/USD technical target looming at .9720 (see chart); AUD/JPY has broken above recent highs at…

Very low turnover in early Monday morning trade


  As you can see from the Reuters heat map, there is diddly-squat happening in the FX market…

EUR/USD: Technical resistance at 1.3710


Barrier at 1.3700 was breached on Friday; Technical resistance at 1.3710 (see chart) is next to…

USD/JPY: 97.50 looming as next important support point


Falling US yields will add to the bearish pressure here; Reduced possibility of a tapering event…

Major pairs steady in early interbank trade


Doesn't look like there were any big stop-loss orders close to the market as the majors are…

EUR/USD: Sellers between 1.3680/1.3700 ahead of option barrier


Technical resistance above there at 1.3710; EUR crosses currently showing mixed signals; EUR/GBP…

RBA Governor on newswires trying to talk down the AUD


Just like we thought he might, but the market doesn't have a lot of interest and the AUD/USD is…

USD/JPY: Both components looking like funding currencies


With tapering in the US looking less likely, the market has been ploughing back into 'risk-on'…

Cable: More gains look likely


This is still my preferred vehicle for trading the bearish USD view and until the short-term trend…

AUD/USD: Looking to trade .9550/.9715 in coming sessions


USD bears in complete control again; Risk trades got a boost as 'tapering' liklihood reduced; Real…

London get-together November 12th


I'll be over in Europe in early November and am planning to catch up with a few fellow bloggers in…

Real money sellers still driving USD lower


This move seems to have quite a bit of momentum behind it and it's real money funds who are doing…

USD selling picking up pace


Chinese ratings agency Dagong downgrades the US; USD/CHF triggers stops below .9060 and is testing…

AUD/JPY slips as technical resistance holds and Chinese comments weigh


Comments from the Chinese commerce minister that their economy faces challenges due to slowing…