September 30, 2014
USD/JPY: Market still eyeing big barriers ahead of 110.00
There were plenty of reports in the FXWW chatroom yesterday of very large offers at 109.74/75,…
September 26, 2014
USD/JPY: Optionality, trailing stops and risk-off Friday
Another failure to test optionality at 109.50 will have longs questioning their resolve. A quick…
September 23, 2014
USD/JPY: Favour playing 107.50/110.00 range
The entire world is bullish USD/JPY it seems and many are positioned accordingly. Sentiment will…
September 22, 2014
JPY crosses open slightly higher after G20 weekend
The lack of any currency-related comment from the G20 weekend will be seen by the market as being…
September 19, 2014
USD/JPY: Plenty of headwinds ahead of 109.00
Very large offers were spotted overnight on interbank platforms on the approach to 109.00,…
August 28, 2014
USD: Retracement or reversal- latter I think
FXWW NewsAUD,NZDEUR/USDUSD/JPY
The USD bears will need a bit more evidence before getting overly excited but the recent price…
August 25, 2014
Kuroda comments ensure USD/JPY opens higher
USD/JPY gapped higher on the Asian open, touching 104.40 in early interbank trade, after dovish…
August 3, 2014
Buy NZD/USD dips, sell USD/CAD rallies, too-hard USD/JPY
I had a sell order in USD/CAD on Friday, looks like it missed by 2 pips. I'm never sure how to…
July 31, 2014
USD/JPY: Still think it’s a matter of picking the range
USD/JPY has over-extended on the topside and recent history would suggest that range trading is…
July 23, 2014
USD/JPY: Definitely prefer the sell-rally play in short-term
Yen crosses still look liable to deeper falls in my view, led by EUR/JPY but with others like…
July 9, 2014
USD/JPY looking most likely of majors to make big move
Larger positions will tend to get increasingly nervous the longer a currency pair trades in a…
July 8, 2014
USD/JPY: Favour selling intraday rallies to 102.15/20
I quite like the risk-reward in selling near 102.15/20 with stops above 102.90, targeting a move…
June 13, 2014
BOJ not giving market any reasons to turn bullish Yen
The BOJ policy statement shows that they will continue along the same policy path for the…
June 5, 2014
USD/JPY: In recent months has tended to top-out post NFP
I read a research piece from BofAML yesterday which showed how USD/JPY has rallied in the days…
June 4, 2014
USD/JPY: Hedge funds main driver behind recent rally
FXWW NewsUSD/JPYFlows and Orders
It's getting increasingly hard for professional traders to generate any returns in these markets…
June 4, 2014
Australian GDP the main event this morning
FXWW NewsAUD,NZDEUR/USDUSD/JPY
Another very quiet 24 hours in the FX market and all of the major pairs seem to be trading exactly…
June 3, 2014
USD/JPY: Heavy turnover overnight, more sell orders ahead
FXWW NewsUSD/JPYFlows and Orders
There were offers of up to $1 billion at regular intervals on the interbank platforms starting at…
May 30, 2014
USD set for further gains against the GBP, CHF and EUR #2
As I said earlier in the week, the USD looks set to make further gains against the big European…