February 4, 2014
GBP crosses hit hard as trailing stops kick in; GBP/JPY technical support at 164.00
Flows and OrdersOpen/WrapFXWW NewsGBP crosses
GBP/JPY was the main mover yesterday driven by a carnage of trailing stops across the board;…
February 3, 2014
FXWW Chat-room browser access
If you wish to access the FXWW chat-room through your browser you can do so using the Chrome…
February 3, 2014
Chinese holiday and Super Bowl should ensure quiet trade this morning
USD/JPY has recovered some ground and is back above 102.00 but I think it's safe to say that today…
February 3, 2014
Market chasing downside stops in JPY crosses
There is still an air of risk-aversion in the financial-markets air and with positioning still…
January 31, 2014
AUD/NZD: Reduce longs on rallies to 1.0900
Don't get me wrong, I'm long and think that we go quite a bit higher in the longish-term, but the…
January 30, 2014
USD/JPY: Market expecting semi-official bids near 101.80.
Flows and OrdersFXWW NewsUSD/JPY
Last time that USD/JPY traded under 102.00 there were reports in the market that semi-official…
January 30, 2014
Risk trades hard to call at the moment
It's no surprise to see the 'euphoria' regarding the Turkish rate rise quickly evaporate and now we…
January 30, 2014
AUD/NZD: Time to try building a long position
The NZD is getting hit in early Asian trade after the RBNZ made no change to policy, as expected.…
January 29, 2014
Risk-trades bounce back after Turkey raises rates
You can read a full commentary here on Reuters.com. My initial reaction to the news is that it…
January 28, 2014
Quick look at order books in early Asian trade
Flows and OrdersFXWW NewsUSD/JPY
Not much happening in the FX market this morning despite lower stockmarkets across the region.…
January 28, 2014
Yen crosses trying to recover important levels
I'm not much help at the moment as I simply don't have a good sense of what's happening in the…
January 27, 2014
What’s driving all these Emerging Market flows
Here's an interesting piece from the FXWW chat-room on Reuters Messenger: "SocGen comments- This…
January 27, 2014
First move of the day was obviously stop-loss driven
Nikkei has opened 2.6% lower but is edging higher in early trade; Gold is +$7; USD/JPY has…
January 27, 2014
USD/JPY gapping lower in early Tokyo
Flows and OrdersFXWW NewsUSD/JPY
Just as well we waited for confirmation of those bids at 102.00 as there appears to have been…
January 27, 2014
USD/JPY: Market expecting solid bids at 102.00
Flows and OrdersFXWW NewsUSD/JPY
Very quiet start today in Asia with Australian markets closed; There is early market talk of solid…
January 27, 2014
Looking to emerging markets for leads
Good morning all. Plenty of whip-saw movement at the end of last week mainly caused by a huge…
January 24, 2014
RBA comments send A$ lower again
A combination of a lower Nikkei post-lunch and comments from Heather Ridout that the AUD/USD rate…
January 24, 2014
EUR/USD: Bearish set-up now neutralised
I was trying to build a short position in EUR/USD and judging by yesterday's price action, I wasn't…