January 20th, 2011 15:30:18 GMT

Are we having fun yet?


Flows, cross-currents, unwinding of stale positions…It’s all washing through the market today, making for a very challenging trading environment. A clumsily-handled EUR/GBP order helped send EUR/USD higher and cable lower while firm US data¬† help amplify the rise in US … Continue reading

January 20th, 2011 15:11:53 GMT

USD/JPY ripping the lips off of shorts


Stops above 82.80 are tripping off, sending USD/JPY to 82.98 so far. More stops are eyed above 83.10. 83.45/50 is good resistance. Rising US yields and Japanese debt fears are goosing the greenback…

January 20th, 2011 15:09:28 GMT

Bits and bobs


USD/CHF stops are eyed above 0.9650 GBP/USD bids are rumored in the 1.5870/85 region.

1 11,720 11,721 11,722 11,723 11,724 11,725 11,726 11,727 11,728 11,729 11,730 16,395

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