AUD holding on to gains heading into European open


Let's see what the early European traders have to do, hopefully a bit more that we saw here in…

USD/JPY dips after BOJ decision


Obviously with the market already long, there was nowhere to go but down. The BOJ has kept the size…

USD/JPY: Retail market 90% long heading into BOJ


I only have data from 1 broker to back up that statement so if anyone else has access to data then…

USD/JPY: Trying to sneak higher but momentum lacking


The market looks like it's hoping for Deja Vu all over again :) Remember the last BOJ meeting when…

USD/JPY: Overnight comments raises possibility of further ‘measures’


The new Japanese FinMin was on the newswires overnight and he's obviously had some coaching from…

USD/JPY: Stops triggered below 77.50


This has also led to some selling in the JPY crosses which this has eased the upside pressure on…

USD/JPY: Looks set to target weak stops below 77.50


Many felt that there was a minor possibility of some BOJ intervention today (last day of financial…

USD/JPY: Trading in a 5 pip range


Not much to get excited about there! I still like the idea of buying a dip towards technical…

Asian market open


You can read my opening commentary on FX Street.

EUR/JPY: Gets smashed back to pre-BOJ levels


I think the market has had a good long look at the BOJ details and decided that its unlikely to…

USD/JPY: Retail market sitting quite long


According to data this afternoon from two retail brokers, around 78% of open USD/JPY positions are…

Professional-market positioning data


USD shorts are at 13 month highs. GBP longs getting close to levels not seen in 4 years. EUR…

What’s the BOJ going to do, according to big investment bank analysts


After reading analysis from 3 investment banks I would suggest that the BOJ will do nothing.…