March 19, 2013
Early morning snippets
Open/WrapAUD,NZDEUR crossesFlows and OrdersUSD/JPY
USD/JPY: So-called 'clever money' seen selling at 95.00 and 95.50 overnight. BOJ changing of guard…
March 18, 2013
USD/JPY: Favour buying dips to 93.80
I think the USD may rebound once all the cross activity has been taken care of so I'm looking to…
March 18, 2013
EUR/USD trading 100 pips lower after Cyprus bank tax
EUR/USDEUR crossesTrade IdeasUSD/JPY
EUR/USD opened 100 pips lower after EU FinMins agreed to Cyprus imposing a tax on bank deposits.…
March 17, 2013
Trading opportunities on Monday morning
GBP crossesFlows and OrdersUSD/JPYTrade IdeasAUD,NZD
I'm not expecting much volatility on Monday morning but those with early interbank access can…
March 15, 2013
Mr Yen: Quite unlikely for USD/JPY to rise above 100
Former Ministry of Finance chief Sakakibara is being quoted on DJ newswires as saying that it's…
March 15, 2013
USD/JPY: Still looking to options market for leads
The heavy buying of downside protection has now eased according to interbank reports, and now we…
March 15, 2013
All 3 BOJ nominees expected to be confirmed by Japanese parliament
The meeting takes place today and only the the nomination of the extremely-dovish Iwata seems to be…
March 14, 2013
AUD/JPY technicals: Still looking bullish
Technical AnalysisUSD/JPYTrade IdeasAUD,NZD
I've posted both short and medium-term charts in the members section and both look bullish. The…
March 13, 2013
Is this market long USD to it’s neck
GBP crossesEUR/USDUSD/JPYOthersTrade IdeasAUD,NZD
Like I said this morning, I have a feeling that something big is about to happen and that we have a…
March 13, 2013
USD/JPY: Very large expiry this week at 95.20
I'm not 100% sure when it rolls off, but Friday NY cut is usually a popular time. The spot rate…
March 13, 2013
FX market staying very quiet in Asia; USD/JPY still main focal point
Just going through the interbank reports from 3 of the big banks and the striking thing is that two…
March 12, 2013
EUR/USD: Looks like a reasonable entry level near 1.3030 for bulls
I'm taking a small long here at 1.3030 with a stop 90 pips lower. I'm only running a small position…
March 11, 2013
Yen undoing some earlier session losses
There is nothing really going on in the FX market this morning, we saw some modest Yen weakening…
March 11, 2013
AUD/JPY: Break above 97.50 opens up more blue sky
This could be an interesting pair to watch today. It broke above daily resistance at 97.50 on…
March 11, 2013
Quiet start to early interbank FX market
AUD,NZDOpen/WrapEUR/USDUSD/JPY
The retail market won't open for another 2 hours but the interbank market is up and running.…
March 8, 2013
Good luck tonight in great NFP lottery
I prefer to avoid getting involved in the NFP silliness and will stick with my core EUR/CHF and…
March 8, 2013
USD/JPY could be at 100 in 3 weeks: Big bank chief dealer
The chief Yen dealer for a major international bank reckons that the domestic Japanese market has…
March 8, 2013
USD/JPY: Buyers coming from all directions
I'm hearing reports of Singaporean hedge funds, Japanese investment funds, US real money funds and…