USD/JPY: Hefty profit taking to start the year


Prime brokers are reporting some heavy profit taking in USD/JPY overnight which had a knock-on…

Looking to buy short-term dips in cable and AUD/USD


Obviously I missed the first opportunity earlier this morning to buy cable at 1.5100 but I'm sure…

EUR liquidity- a taste of things to come


Liquidity was understandably poor this morning, as it always is on a Monday morning, but I think we…

EUR flows: Speculators short but big players still selling


Just catching up on interbank research after a 2 week break and the following factors are being…

EUR/CHF: Update on Christmas Day price action


From the FXWW Chatroom: For those just returning after Christmas - there has been a bit of a…

Corporate and institutional flows will dry up from today


Many institutional and corporate players will be taking a full two week break from the FX market…

EUR/CHF: Look to book interim profits near 1.2125


Big move higher in EUR/CHF after the SNB announced the move to negative rates. Normally one would…

Liquidity continues to be very poor and will only get worse


Since the beginning of last week, e-commerce dealers have been complaining about the lack of…

Regulator focus on Algos will lead to greatly reduced liquidity


Interbank e-commerce dealers have been reporting heavily reduced liquidity over the last 7-10 days…

AUD/NZD: Pretty clear ‘sell-rally’ play


If the FX market is one big interest rate play, as many would contend, then we should be in the…

Enter the FX market’s ‘Period of Pain’


It's two weeks before Christmas, liquidity is drying up very sharply indeed according to interbank…

USD/JPY: Pick a wide range, looks like it will be whippy


E-commerce dealers at the major banks were reporting sharply reduced liquidity yesterday and this…

EUR/USD: We can expect quite a few sessions of consolidation


The market got caught short in illiquid conditions and that will give the bears some food for…

EUR/GBP in consolidation mode


I'm still short of this pair and happy to stay that way. Obviously, based on the reaction to the…

Are demo accounts relevant in establishing a track record?


In a word, No! The whole art of being a trader lies in ones ability to manage risk, maximise…