USD/JPY: Stops triggered above 98.40 post-FOMC


It's also interesting to note that many of the big sell orders from Japanese banks are reported to…

Moody’s considered cutting New Zealand from AAA


These are the reports just going through the market. The NZD/USD has dropped sharply from .8265 to…

No change in early Asian trade but some orders to report


Worth noting that some of the big USD/JPY sell orders have reportedly moved higher, closer to…

Asian market open, Wednesday October 30th


The USD has made more ground overnight, breaking through short-term resistance against the Yen…

USD starting to look stronger but needs to break up against the EUR and JPY


AUD/USD has managed to break back below strong technical support at .9520 and cable has formed a…

Heavy turnover as stops triggered across the board


Heavy selling across all GBP pairs with stops triggered below 1.6100 in cable and above .8550 in…

AUD/JPY testing short-term support levels near 93.00


There might be some stop-loss orders directly below a recent low at 92.95. This is all about…

Stopped out of GBP/AUD after Stevens comments


Can't say that I'm surprised by his comments but my little bet that he would stay neutral…

USD/JPY: Expect tight 97.40/80 range


This pair is stuck between the 200-dma at 97.38 and reported corporate sell orders at 97.80. I'm…

GBP/AUD: Intraday short trade in play


Stops reported in cable below 1.6100 and we usually get some heavy EUR/GBP demand at this time of…

AUD: Watch for news-wire headlines from Glenn Stevens speech


"29 October 2013, 9.30 am AEDT Opening remarks by Glenn Stevens, Governor, to Citi's 5th Annual…

Market still in waiting mode: Levels to watch today are…


Not exactly sure what we are waiting for, but I hope it happens soon! The big storm in Europe…

USD: Sentiment still bearish but some big support levels continue to hold


USD/JPY: Until we get a strong daily close below the 200-dma (currently at 97.38), the bulls will…

Fed dove-hawk scale


If you've been losing sleep wondering where all the Fed members sit on the dove-hawk scale, then…

FX market staying very slow mid-way through Asian trade


AUD a bit higher across the board with technical buying against the EUR and JPY helping the…

Here’s one which all ‘content’ providers will relate to


Very boring market this morning so here's a thought-provoking piece from the NY Times which is…

EUR/AUD technical trade idea for the bears


Sell rallies to neckline resistance at 1.4440 (see chart) with fairly tight stops. This level is…

AUD/USD technicals: Short-term support levels near .9570


The big levels to watch are very clear on the daily (see chart), with support at .9510/20 and…