Recent Articles by Sean Lee


May 21st, 2014 22:33:19 GMT.

AUD/USD: Intraday stops reported above .9270


These might become a target for the Asian market especially with the HSBC China PMI due out around lunchtime. Dealers are always keen to get stops off their books prior to risk events.


May 21st, 2014 22:04:56 GMT.

NZ job ads +2.6% in April


That’s a YoY rise of 15.4%. Little wonder that the NZD is in demand. I’d look for intraday stops in NZD/USD back above .8600 as that was the breakdown level on Tuesday.


May 21st, 2014 21:09:15 GMT.

Asian market open, Thursday May 22nd


The main event during today’s Asian session will be the HSBC manufacturing PMI for China. Given all the recent reports out of China, a number even lower than last month’s 48.1 would not surprise (any number below 50 signifies industry … Continue reading


May 20th, 2014 04:07:58 GMT.

Asian market wrap, Tuesday May 20th


Minutes from the latest RBA policy meeting contained no surprises; RBA assistant-Governor Debelle unsurprisingly tried to talk the A$ down with comments like “lower capital inflows may result in a lower A$”; S&P clarified their overnight comments regarding a possible … Continue reading

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