February 4, 2013
EUR/USD showing bit of weakness, might USD/JPY follow suit?
EUR/JPY has been the dominant force in recent months and with EUR/USD now showing some intraday…
February 3, 2013
EUR crosses on the rampage
EUR/USDUSD/JPYAUD,NZDEUR crosses
EUR/GBP and EUR/JPY are the stand-outs with long-term players exiting EZ short strategies across…
February 1, 2013
And on to the contentious issue of fair value
EUR/USDUSD/JPYGBP crossesAUD,NZDJPY crosses
Just like the age-old questions of 'what's the best song ever written' or the 'greatest goal ever…
February 1, 2013
Yen selling begets more Yen selling
The FX market is like a great big herd of sheep, constantly looking for direction and then all…
February 1, 2013
Real money buyers all over the JPY crosses
Thanks for all the emails outlining exactly who has been buying the Yen crosses in recent days, and…
February 1, 2013
USD/JPY: Just keeps on making new highs
Flows and OrdersJPY crossesUSD/JPY
Nobody seems to be able to tell me exactly who is buying this pair, but someone is that's for sure…
February 1, 2013
Market settles down for quiet afternoon post-PMI
Wishful thinking perhaps on my part. I've added to my AUD/JPY short position and this is one where…
February 1, 2013
AUD/JPY: Time to take a risky short position
I've just gone short at 95.50 with a tight-ish stop above 96.00. I have no set level yet but will…
February 1, 2013
USD/CHF, cable testing technical levels
OthersTechnical AnalysisEUR/USDGBP crossesFlows and OrdersUSD/JPY
All the levels mentioned below have proven to be very relevant. Corporate sellers have capped…
January 31, 2013
EUR/USD: European corporate sellers 1.3585/1.3600
OthersTechnical AnalysisEUR/USDGBP crossesFlows and OrdersUSD/JPY
The other big levels to watch for the rest of today are : USD/CAD: Real money buyers between…
January 31, 2013
USD/JPY drifting lower in fairly listless trade
Maybe I should have kept those USD/JPY shorts after all :( No matter, I really have no strong feel…
January 31, 2013
Staying quiet in early Tokyo
10 pip ranges in most of the majors are not very inspiring so best go do some essential chores and…
January 31, 2013
When will the USD start to trend
EUR/USDUSD/JPYAUD,NZDEUR crosses
Obviously we've been having some huge cross moves over the last few weeks and in my experience…
January 31, 2013
USD/JPY: What can’t go down should go up
I sold smalls yesterday in order to have no USD exposure heading into the FOMC and I am closing…
January 30, 2013
USD/JPY: Worth a risky short at 91.20
A failure at 91.20 would open the possibility of a double-top forming: Most technical indicators…
January 30, 2013
FOMC: Could be risky being long USD
I will be long USD/CHF heading into the FOMC but I may well hedge this position with a short…
January 25, 2013
Bit of chatter on the Gold front
Just reading a report from one of the big Prime Brokers on overall professional positioning in the…
January 25, 2013
JPY crosses ease back toward opening levels
It's been pretty quiet in Asia, after a fairly hectic round of Yen selling in late NY trade.…