February 10th, 2010 23:44:36 GMT

FX market order boards

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A first look for the day at what we’re hearing regarding orders in the major pairings. EUR/JPY tends to be the lead pair during the Asian time zone and 124.40/60 is where the tecnical resistance is and also where the … Continue reading

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February 10th, 2010 23:10:24 GMT

GBP: I’m still a believer

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I’m trying to put myself in the place of all the mobile money that is constantly washing through the global markets. The downside risk to the USD is too large so I’m not comfortable sitting overly long. The Japanese economy … Continue reading

12 Comments

February 9th, 2010 23:32:24 GMT

AUD has me a bit confused

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The EUR is heavily oversold in my opinion and we are at the beginning of a retracement phase. The political and financial issues have not disappeared overnight, it’s simply that the market has sold too much and is now taking … Continue reading

26 Comments

February 9th, 2010 00:11:17 GMT

More poor economic data from the UK

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Cable is a little higher despite some pretty poor retail sales figures which have just been released. They show that retail sales were 0.7% lower than a year earlier and they were the worst figures for January in 15 years.

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