April 1, 2013
AUD/JPY: Back near 97.50 yet again
The lower than expected Chinese PMI have led to some modest risk-aversion in the markets and the…
April 1, 2013
Yen positioning reports suggest consolidation phase may soon end
Some interesting reports coming out of the interbank market suggest that overall Yen…
March 28, 2013
Yen slightly higher after Kuroda speech
USD/JPY shorts are looking a bit safer now that the Kuroda statement is out of the way. I won't…
March 28, 2013
Kuroda appearing before Japanese parliament for second appearance
We may see a lift in volatility this afternoon when these headlines hit the newswires.
March 28, 2013
USD/JPY: Still capped below 94.90
That's been the high twice already this week so bears have the better cards in the short-term…
March 27, 2013
USD/JPY: I still prefer the sell-rally play
Monday's range was 93.50/94.90 and I can't see any reason for not trying to trade this range again.…
March 25, 2013
JPY: Comments from South Korean FinMin will have an impact
The new South Korean FinMin has raised concerns about expansionist Japanese policies weakening the…
March 22, 2013
USD/JPY: Still healthy demand from options players and Japanese corporates
Some of the bigger hedge funds have been busy selling rallies but the dip-buyers are also active,…
March 22, 2013
EUR/JPY continues its yo-yo week
EUR/USDUSD/JPYJPY crossesFlows and OrdersAUD,NZDEUR crossesGBP crossesTrade Ideas
From 124.50 on Friday last, to 121.50, to 124.00, to 122.00, to 124.50 and back to 122.30. EUR/JPY…
March 21, 2013
JPY crosses slightly lower after FinMin comments
Japan's FinMin Aso is being quoted on the newswires as saying that achieving the 2% inflation…
March 21, 2013
No bright trade ideas this afternoon
USD/JPYAUD,NZDJPY crossesTrade Ideas
The trades that could tempt me are: Short USD/JPY with stop above 96.70. Long AUD/USD at 1.0370,…
March 21, 2013
Kuroda to speak at 6pm Tokyo time tonight
Looks like we won't be seeing any wild volatility this afternoon. Bank analysts are downplaying the…
March 21, 2013
Kuroda speech today; market speculating on early easing measures
There has been increased speculation over the last few hours that Kuroda San will use his first…
March 20, 2013
USD/JPY: Should stay range bound 94.60/95.40
Hedge fund offers start near 95.25 through 95.50 as big players continue to book healthy profits.…
March 20, 2013
USD/JPY: Japanese holiday may increase downside risk
If interbank reports are to be believed, most of the USD/JPY selling in recent days has been from…
March 19, 2013
Little or no change expected from FOMC statement tomorrow
Most of the big banks are agreed that Mr Bernanke won't be making any major changes this time,…
March 19, 2013
USD/JPY takes out overnight highs but more sell orders reported
Quite heavy turnover today in USD/JPY with Japanese buyers working through hedge fund offers. There…
March 19, 2013
JPY interbank flow reports
JPY crossesUSD/JPYFlows and Orders
Hedge funds are currently buying back Yen short positions, mainly against the EUR and the USD.…