Recent Articles by Sean Lee


May 19th, 2014 21:41:34 GMT.

AUD/USD: .9310/15 looming as key level on the day


The 21-dma is always a closely followed indicator for the AUD/USD and it comes in this morning at .9318; I’m hearing that there is plenty of buying interest around .9310/15 level with stop-loss sellers immediately below.


May 19th, 2014 21:02:25 GMT.

Asian market open, May 20th.


With the exception of the AUD, which is a mere 30 pips lower, all of the other major pairs are trading almost exactly where they were for the entire session yesterday There was some very heavy turnover in USD/JPY, with … Continue reading


June 15th, 2012 03:24:05 GMT.

USD/JPY: Bids hold firm for now


The low so far has been 78.99 after the BOJ and well reported bids at 79.00 have soaked up most of the selling interest. Little bit overdone in my opinion, as the market hadn’t expected any further easing, but perhaps … Continue reading


June 15th, 2012 02:38:54 GMT.

A brief geography lesson


Thanks to Citibank for the following geography lesson,  very useful before my European holiday. A little European geography lesson: –    “Spain is not Greece.” Elena Salgado, Spanish Finance minister, February, 2010. –    “Portugal is not Greece.” The Economist, April 2010. … Continue reading

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