August 28th, 2009 07:20:20 GMT.

EUR/USD drifts lower


EUR/USD has drifted a little lower in orderly fasion, presently at 1.4335.  Selling of the EUR/GBP cross this morning has helped weigh on EUR/USD. It looks like normal service is slowly being resumed i.e. market fairly comfortable to short EUR/USD … Continue reading


August 27th, 2009 23:15:00 GMT.

Latest on China’s EUR/USD double-no-touch


Thanks to Gerry’s investigative skills, the latest information on China’s dnt option is that they bought on the 19th and 20th of August for one month with barriers at 1.3950/1.4450. We still believe that the downside protection will outweigh the … Continue reading


August 27th, 2009 21:18:22 GMT.

Choppy August markets continue


We got a taste of how this market is trading yesterday during the Asian session when the AUD/USD based at .8240 and rallied even while the EUR and cable fell. Those who had managed to get short close to the … Continue reading


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