January 10, 2013
USD/JPY: Back above 88.00 despite lower US yields
Yet another staple FX market correlation, US yields and USD/JPY, seems to be getting completely…
January 10, 2013
Day ahead in the FX market, Thursday January 10th
AUD,NZDOpen/WrapEUR/USDUSD/JPYFlows and Orders
Today's main event will be the Chinese trade data which should be released around 01:30 GMT: The…
January 9, 2013
Few flows noted in afternoon Tokyo trade
There was a pre-lunchtime flurry up to 87.50 in USD/JPY but since then trade has been very quiet.…
January 9, 2013
USD/JPY: Expect the unexpected
Once this pair opened below 87.00 this morning I think many presumed that the Yen short-covering…
January 8, 2013
USD/JPY failing to rally hard after FinMin comments
Japan will buy ESM bonds as early as today and this has seen the Yen crosses spike around the place…
January 8, 2013
AUD/JPY: Worth considering a short after poor trade data?
AUD,NZDTechnical AnalysisUSD/JPYTrade Ideas
The poor trade data does make a rate cut slightly more likely although the futures market…
January 8, 2013
USD/JPY technicals: Just a normal retrace?
USD/JPYTechnical AnalysisTrade Ideas
If we look at the move from 83.85 to 88.40 as being the latest leg of an up-move, then we may…
January 8, 2013
USD/AXY: Remains under quite heavy selling pressure
USD/JPYEUR/USDFlows and Orders
The main flows have been in USD/KRW, with the Bank of Korea reportedly buying around USD 1 billion…
January 8, 2013
USD/JPY dips on yesterday’s comments
Looks to me as if they same comments are being recycled regarding the level of USD/JPY which…
January 8, 2013
The day ahead in the FX market, Tuesday January 8th
AUD,NZDJPY crossesEUR/USDUSD/JPYOpen/WrapFlows and Orders
Australian trade balance 00:30 GMT, -AUD2.3bln expected: UK BRC retail sales 00:00 GMT, last +0.4%…
January 7, 2013
Head of Japan’s business lobby expects USD/JPY range of JPY75/90
No wonder he's happy with the current level of 88.00. EUR/JPY dipped towards support at 114.30 on…
January 7, 2013
USD/JPY technicals: Sooner or later the contrarians will get it right
USD/JPYTechnical AnalysisTrade Ideas
Just a glance at the daily chart will show you how overbought USD/JPY is and the attached…
January 7, 2013
USD/JPY: Talk of optionality at 88.50
JPY crossesUSD/JPYFlows and Orders
Some unconfirmed chatter of a barrier at 88.50 but I don't believe it's a very big one. Most focus…
January 7, 2013
USD/JPY: Next technical target at 88.95
The 38.2% retracement of the big down-move from 110.60 to 75.60 comes in at 88.95 and that…
January 4, 2013
USD/JPY: Getting close to resistance level at 87.60
Technical AnalysisTrade IdeasUSD/JPYFXWW News
The 61.8% retracement of 94.90/75.60 comes in at 87.60 and if this level holds then bears can…
January 4, 2013
Friday January 4th: No obvious trends yet to emerge
AUD,NZDGBP crossesEUR/USDUSD/JPYFlows and Orders
Since the temporary fiscal cliff solution was agreed upon, EUR/USD has gone from 1.3175 to 1.3300…
January 3, 2013
Updates on important levels and ranges
AUD,NZDGBP crossesEUR/USDUSD/JPYFlows and Orders
EUR/JPY: Looks like a broad 113/116 range in coming sessions so patience required: USD/JPY:…
January 3, 2013
USD/JPY: Still no sign of a top forming
USD/JPYTechnical AnalysisTrade Ideas
Very little pullback from yesterday's highs in USD/JPY and option players are still noted buyers as…