AUD/USD fails to rally, 0.92 test seems imminent

AUD/USD began the day around 0.9270 and was holding near that level until the Tokyo open. The Yen rallied at the Tokyo open, pushing AUD/JPY to fresh lows below 94.00. The risk-off …
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JP Morgan Analysis of the ECB press conference

No surprises from the ECB today, but if someone would like an in-depth analysis of the press conference, here is a good summary from the US bank JP Morgan: The ECB did not send a s …
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Session Data (GMT-5:00 ET) and the Latest from the FXWW Chatroom…

EUR – ECB press conference (High Impact Expected) Sources in Frankfurt are expecting a ‘dovish as possible’ Draghi today after last week’s economic data a …
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Options and their effect on currencies

Options are like magnets they tend to create battles between buyers and sellers. They can hold or draw currencies towards the expiry time, which is at the NY cut 10:00 am (14:00GM …
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OPTIONS: FX: Option expiries for today’s NY cut 10:00ET.

From the FXWW Chatroom * Euro-dollar; $1.3350 (E380mn), $1.3375(E201mn), $1.3400(E496mn),$1.3500(E805mn)* Dollar-yen; Y101.80($250mn), Y102.00($450mn), Y102.50($250mn),Y103.00($411 …
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Barclays ECB Preview

No change today but focus on contingencies for more action later  We expect no significant announcement  The ECB governing Council met yesterday and this morning for its regular …
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AUD/NZD: Risk-reward favours bears after poor Australian jobs data

Very poor headline unemployment rate, 6.4% is much worse than expected; Some of this explainable by an increased participation rate; The AUD has fallen by only about 30 pips thus f …
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USD falls back into channel. Stocks paused & Gold up on Ukraine tension

Thurs 7th Aug (7.30 am) US stocks have paused above key support yet Gold has rallied as the markets watch nervously over the developments in the Ukraine. The USD fell and is now b …
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SP500: Important support ahead for the bulls

SP500 Daily The AB=CD (Purple) capped the SP500′s run higher but the bulls still remain in control of this market, the level to pay close attention to now is the 1:1 (Yellow) and …
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latest info from our FXWW Chatroom

MS heatmap picking up decent bids here in USD/CAD at 1.0967-68. DTCC also reporting some decent expiries for Friday: 1.0950 $1.3yrds, 1.0975 $415m, 1.10 $470m  Uk clearer demand i …
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