April 15th, 2010 01:48:17 GMT

Quick look at the order books

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EUR/USD: mixed on the downside with reported light stops close by below 1.3640, bids starting at 1.3620 through 1.3600 but stops also below 1.3600. Heavy bids start at 1.3550 through 1.3500 still. Option barrier protection ahead of 1.3700 with offers starting at … Continue reading

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April 15th, 2010 00:09:54 GMT

GBP/JPY takes the lead

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No sooner do I write ‘quiet’ than the GBP/JPY decides it wants to move. The market has ignored the earlier consumer confidence data and GBP/JPY is up from 144.30 to 144.70 in quick time. This happened right on Tokyo open … Continue reading

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April 14th, 2010 04:56:17 GMT

Quick look at the order books

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EUR/USD: well telegraphed bids below 1.3550; sell orders solid towards 1.3680; rumoured barrier 1.3700 with stops above; Sovereign offers 1.3750 and above USD/JPY: bids still active 92.50/55, stops below 92.40, bids 92.10/25, heavy stops below 92.00. Stops above 93.65, corporate … Continue reading

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