June 13, 2014
Market reactions to central banks telling us plenty
Whilst the headlines from the Carney speech were very hawkish, the substance wasn't quite so, yet…
June 13, 2014
Division between ‘big 3’ and rest becoming clearer
The USD, EUR and JPY are set to continue with their zero rates policy and QE strategies for some…
June 13, 2014
Carney: UK set for rate rises sooner than expected
Following on from the RBNZ rate hike yesterday, overnight comments from the UK's Mark Carney that…
June 12, 2014
NZD/USD: Reaction to RBNZ starting to look overdone
Most of the weak NZD shorts will have been culled by now in what has been an extreme market…
June 12, 2014
AUD/NZD: Big move lower continues, already 125 pips lower on day
We were trading at 1.0970 before the RBNZ announcement and now we are trading near the 50-dma at…
June 12, 2014
AUD/NZD: Short-term levels to watch at 1.0870/1.0930
There should be some decent trading opportunities in the cross throughout the morning. The market…
June 12, 2014
NZD: Hard to be bearish when they are the only central bank hiking rates
It's pretty difficult to find any good store of value in the current FX market so when one central…
June 11, 2014
AUD/USD: Option players still dominating ranges
FXWW NewsAUD,NZDFlows and Orders
I'm sticking with my strong buy-dip bias in the AUD/USD and I expect the AUD to continue to make…
June 11, 2014
Cable: Looking susceptible to a downside clean-out?
A lot of traders have been jumping onto the GBP bull train at pretty lofty levels and it's starting…
June 11, 2014
FX-only managers struggling to compete with other classes
Another major side effect of the lack of volatility in the FX market is that it drives investor…
June 11, 2014
AUD and NZD make decent gains on the crosses
Hate to keep harping on about it but this very slow-burner of a trend is likely to continue. The…
June 10, 2014
Oil price rises: Look for GBP/JPY buying opportunities
The oil price jumped last night on the back of reports that Libyan exports are now close to zero.…
June 10, 2014
EUR/USD: Not the time to be getting overly bearish
All of the signals are pointing toward a lower EUR/USD but the most important one, market momentum,…
June 9, 2014
Structural change in FX market leading to low volatility
It's not unusual during a period of structural change to see the market lose momentum and focus.…
June 9, 2014
Staying bearish EUR, USD and JPY
My macro view of the market remains the same, the big 3 (currencies and printers!) will stay weak…
June 9, 2014
All quiet on the FX market front
Apart from some fat-finger mis-hits on USD/CAD, it's been another very quiet start to the FX…
June 6, 2014
EUR/GBP: Even more reasons to be short now
FXWW NewsGBP crossesEUR crosses
The ECB decisions from yesterday make this trade an even more attractive proposition and I see no…
June 6, 2014
EUR/JPY: Likely to be main focus during Tokyo trade
After the ECB moves I am sure that Japanese investors will be active in EUR/JPY and I'm thinking…