November 15th, 2009 20:54:51 GMT

Cable now steady, nothing else moving

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Cable is steady at 1.6715 after tripping the earlier stops and the other majors are slightly above their NY closing levels. If you haven’t caught up yet on events, or lack of, at the APEC meeting then scroll down this … Continue reading

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November 15th, 2009 19:48:17 GMT

Light stops tripped in cable above 1.6710

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Cable has popped quickly from 1.6685 to 1.6720 after light stops were triggered above 1.6710 in ultra-thin early morning interbank markets. EUR and AUD have also been pulled about 10 pips higher.

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November 10th, 2009 05:36:13 GMT

GBP falls hard after Fitch rating news

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Cable fell over 120 pips after the Fitch rating agency said that the UK economy was most at risk of losing its AAA rating. It didn’t say it would lose it, just most at risk. More to come.

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November 9th, 2009 22:05:24 GMT

Turn of the AUD/USD today

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Yesterday it was cable and EUR/USD which tried hard to break through big levels, eventually did, and then galloped off into the sunset. Today or this morning at least, the market will focus on the AUD/USD and its latest attempt … Continue reading

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November 8th, 2009 23:49:18 GMT

USD clawing back some earlier losses

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Cable is back at 1.6630 where all the stops were earlier and AUD/USD is back towards .9200 as a bit of liquidity finally hits the market. Regional stockmarkets are expected to be close to flat or slightly in positive territory … Continue reading

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