March 10th, 2011 03:35:16 GMT.

Quick look at the order board


EUR/USD: Interest pretty light both sides; bids 1.3840/60, offers 1.3980/95 AUD/USD: Well chronicled offers above 1.0200, bids 1.0050 and 1.0000/10 EUR/GBP: Sell orders solid near .8650 USD/JPY: Bids reported 82.60/65; stops below 82.35


March 10th, 2011 03:34:04 GMT.

AUD/USD support still holding


As I mentioned earlier, there was an expectation in the market that we might see a poor trade number which would help Chinas bargaining position in upcoming talks. Perhaps I’ve become too cynical in my old age but I take … Continue reading


March 10th, 2011 03:12:32 GMT.

AUD/USD Softer on China Trade Data


A much weaker than expected set of trade numbers that saw exports post only a modest gain of 2.4% thus pushing the trade balance into deficit has seen AUD/USD push back below its post jobs number low of 1.0065. AUD/USD … Continue reading


March 10th, 2011 02:04:49 GMT.

Around the markets


US crude oil is 0.3% higher at $104.70 and the market will be getting increasingly jittery ahead of the ‘day of rage’ tomorrow in Saudi Arabia. Gold is steady at $1429/oz. The Nikkei -1% as are Sydney and Seoul stockmarkets. … Continue reading

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