Staying very quiet in Asian trade


Early stop-loss run has been completely reversed in USD/JPY; London holiday today is giving…

NZD steady after disappointing trade data


AUD/NZD could well be the pair to watch today with Prime Brokerage sources referring to decent…

EUR/JPY grinding higher, eyeing important resistance at 132.75


This pair has proved to be very resilient in recent times and we are likely to get a test of…

USD/JPY: Prefer to sell intraday rallies


USD/JPY had a really good chance to go higher on Friday with a big technical break encouraging…

AUD/NZD looking like a buy-dip proposition


There is still some trend-line resistance close by in the AUD/NZD but the break above 1.1550…

USD eases lower as US yields top out


USD/JPY has been the main mover this morning, dipping to lows below 98.20 in early interbank trade…

Cable: Looking to exit longs on test of 1.5750


There is major resistance at 1.5750 in the cable and I'm not sure if we will get that much of a…

USD/JPY still looks like key pair amongst the majors


Option dealers are saying that a break above 100.00 would change the landscape considerably and…

Plenty of orders to keep ranges tight in Asia


Hedge funds were very active in USD/JPY, buying aggressively for the 4th straight session; Sell…

AUD pops higher on talk of PBOC RRR cut


Chinese official newspapers quoting a state economist saying PBOC may cut RRR in coming months. The…

EUR/USD outlook: Range trading likely between 1.3280/1.3425


EUR/USD is still unable to generate significant momentum; Banks and prime brokers report heavy…

USD/JPY outlook: Trading right at top of wedge formation


Break out of consolidative wedge formation (see chart) should see prices testing 101.40; Hedge…

AUD outlook, Friday August 23rd


Prices stalled at the 76.4% retracement of the .8850/.9240 rally (see chart); AUD/NZD looks likely…

Emerging markets finally take a breather


South American EMs were relatively quiet overnight but not before INR and TRY made fresh lows…

Fed tapering likely underway already


Many traders who follow Fed action in Treasury auctions are increasingly convinced that the Fed has…

Update on FXWW-RM chat-room


If you applied for a free trial of the new FXWW chat-room on Reuters Messenger then you should…

Quick overview of Asian trade


Focus still on EMs, with USD/INR making fresh highs above 65.00 before RBI stepped in to slow it…

Central banks still trying to stem USD/AXY momentum


The Reserve Bank of India are in the market trying to stall the rampant move higher in USD/INR…