Little change in NZD after CPI


NZD/USD is still trading around .7800/10 after fairly benign CPI data showed that inflation is…

EUR/USD: Still plenty of big orders either side of 1.30/1.31


Like I reported yesterday, there is plenty of interest either side of the EUR/USD. The bids were…

Hard to find any rhythm in this market


It's definitely starting to feel like 'holiday' markets and I know I'm not the only one who is…

Asian central bank selling NZD


Our hedge fund insider @FXWW888 is reporting On Twitter that ACBs have been seen selling NZD/USD…

EUR/CHF: Nice risk-reward in going long at present levels


Just going through the charts and I found this nice risk-reward trade in EUR/CHF (see chart). The…

AUD/USD: Still sneaking higher; look to lighten longs near .9175


The AUD was severely over-sold on Friday last and is starting to undo some of those losses. EUR/AUD…

USD/JPY: Japanese holiday ensuring very quiet trade


Take the next few hours off and go do those nagging chores as there is nothing happening in the FX…

AUD still reliant on crosses for next directional move


AUD/USD is 60 pips higher than its Friday closing level after the China GDP came in as expected.…

AUD/USD: Short-term market smells bit short


Quick spike above .9100 after Chinese GDP came in as expected which suggests that the short-term…

EUR/USD: Decent orders either side of 1.30/1.31


Dealers say that EUR/USD orders are already quite solid which is unusual for a Monday morning. Bids…

AUD/USD: Still long but case looking weaker for bulls


EUR/AUD put in a strong weekly close above 1.4400 and looks likely to move onto a higher plane…

USD/JPY: Risk-reward favours shorts at current levels near 99.50


Possible topping formation in EUR/JPY (see chart). AUD/JPY looks to be re-starting its downtrend…

EUR/USD: Buying dips preferred whilst crosses are bullish


EUR/AUD has made strong weekly close above 1.4400 and buying dips is once again the obvious play…

Market focusing on China GDP data today


The AUD got hit pretty hard on Friday, especially on the crosses, after comments from the Chinese…

AUD/JPY will be another to watch on Monday morning


There is major technical support 89.00/50 (see chart) and I'm guessing that there will be plenty of…

EUR/AUD macro view: Bullish weekly close


Since the EUR came into existence it traded pretty consistently against the AUD between 1.55 and…

Very slow day in Asia, hard to find any insights


I think I shall go and have a nice dinner as it's been a long week. Today was a waste of time and I…

So just how well are the current batch of hedge funds performing?


Well not very well at all according to this Businessweek article (you gotta love the caption :) ).…