July 16th, 2010 11:56:16 GMT.

USD/JPY slumps as stops tripped


Well documented stops in USD/JPY through 86.95 have been tripped and we’ve fallen sharply to session low 86.60.  As mentioned this morning talk of buy orders just ahead of 86.50 barrier option interest. We’re presently at 86.67. More stops said to … Continue reading


July 16th, 2010 04:58:40 GMT.

USD/JPY gives ground in Asian trade


USD/JPY down at 87.00 from North American close Thursday up around 87.40.  Move comes with Japanese stocks getting hit hard. Stops seen through 86.95 before buy orders down at 86.50/60.  Talk of 86.50 barrier option interest. More stops seen just … Continue reading


July 16th, 2010 00:07:21 GMT.

Nikkei opens -0.9%


USD/JPY is holding up reasonably well and the AUD/USD continues to drift slowly lower. Unsurprisingly as it’s Asia and it’s Friday, profit taking has also pushed the EUR/USD and cable lower off their opening levels.


July 15th, 2010 21:54:02 GMT.

USD/JPY: heavy stops below 87.00


Looks like a lot of players are relying on the BoJ to somehow keep USD/JPY above 87.00. There are reportedly a lot of reasonably heavy stops placed just below there. The BoJ should try and learn from the SNB mistakes … Continue reading


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