AUD edging higher on back of metals rally


I'm talking my position as usual but I think this move in precious metals is an important one and I…

Gold higher in early trade


The initial reaction to the Fed's review decision has been to send Gold higher, presently trading…

AUD: Weekend press reports not having any impact at moment


Australian Financial Review running a story saying that there will be a rate cut in August. The…

Fed reviewing bank trading in physical commodities


This story over the weekend (Reuters version) could have a very significant impact on a variety of…

USD/JPY trading sideways after weekend elections


The Japanese PM won the expected majority in weekend elections but early attempts to buy USD/JPY…

AUD/NZD: Look for support to stiffen near 1.1500


I'm hearing that there will be decent sized buying interest near 1.1500 and local dealers expect…

How to turn $20k into $1 million in 8 easy weeks


You think I'd tell you if I knew! But the up-side to tracking traders is that you eventually come…

Time to stop trading the crosses and start selling the USD


The entire market focus in recent months has been on the crosses, buy risk, sell risk, sell the…

Don’t you love Friday afternoon markets, not…


Very patchy liquidity this afternoon with mini liquidity bubbles causing small gaps. USD/JPY got…

Macro fund behind the Nikkei sell-off


Our hedge fund insider @FXWW888 reported earlier that a macro fund was behind the sell-off in the…

Nice call on USD/JPY from FXWW303


You can follow him on Twitter @FXWW303 and he went short 40 minutes ago at 100.82, nice one! Pity I…

EUR/USD: Structural flows suggest will eventually break higher


Let's face it, 'eventually' could mean in 10 years time the way this pair is trading! A good source…

JPY outlook: Crosses starting to look bid again


EUR/JPY broke through technical resistance at 131.20 and looks like a buy-dips proposition for a…

AUD outlook: Mixed bag on crosses but AUD/USD set to recover


AUD/NZD continues to drift slowly lower and is targeting 1.1500, but that level should be tough to…

Yen crosses break higher as risk sentiment improves


My stop-loss order was eventually triggered in EUR/JPY and it looks like the Bernanke testimony is…

Bernanke: Another case of “sell the rumour buy the fact”? Buying AUD/USD dips is obvious trade!


It looks like the market might have even gotten itself a bit short of the USD heading into the…

EUR/JPY: Shorts looking precarious again


I would have thought that the Bernanke testimony yesterday would be modestly USD-bearish and…

AUD/USD drifting lower amid decent two-way flows


Local dealers tell me that flows are fairly decent so far this morning and the AUD/USD is drifting…