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Quick recap of order books

By   || March 12, 2010 at 03:42 GMT
|| 9 comments || Add comment
  • USD/JPY: corporate sellers 91.00/20
  • GBP/USD: light stops above 1.5105
  • AUD/USD: option-related and corporate buyers .9100-10; trailing stops expected below .9090 and .9060
  • EUR/USD: Sovereign offers 1.3800-25, bids still firm 1.3530-50

Overall the order books, particularly in the JPY crosses, are surprisingly light.

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9 Responses to “Quick recap of order books”

  1. Francesco on March 12th, 2010 03:55 GMT

    good day Sean,

    may I ask you where can order books can be seen?
    What are your sources to note them?

  2. banker on March 12th, 2010 04:10 GMT

    This market has been so boring!

  3. hart on March 12th, 2010 04:15 GMT

    I like the 9100 level in AUD. It’s just that stubborn resistance @ 55/65

  4. Sean Lee on March 12th, 2010 04:17 GMT

    Hi Francesco. Friends and colleagues in hedge funds and at the banks give us the information.

  5. Ursus on March 12th, 2010 05:21 GMT

    Hi Sean, do you verify the information you receive? All those people dont try to manipulate us?

  6. Ursus on March 12th, 2010 05:22 GMT

    from time to time…

  7. Sean Lee on March 12th, 2010 05:38 GMT

    Everyone talks their position Ursus but in general (and I have been doing this for 25 years) the information is reliable. If I hear something from a source which I am not 100% sure of, then I will always try and verify.

  8. A.Razzaq Shahid on March 12th, 2010 05:43 GMT

    on thought always wandering in my mind where r the book orders how can we see them & from wher u r observing them

  9. Ursus on March 12th, 2010 05:45 GMT

    Ok thanks

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