Q. What is short-covering? by Jamie Coleman

Short-covering is when traders who are short the market close out positions. If the market as a whole is short, the covering of shorts will make prices rise, making bears nervous. …
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Option Expiries – August 12th

Option expiries for today’s NY cut (15:00 BST) AUD/USD: 0.9240 (129M), 0.9300 (131M), 0.9370-0-75 (661M) CAD: 1.0930-35 (240M), 1.0950 (292M), 1.0970-75 (590M), 1.1000 (760M) EUR …
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Goldman Sachs Spot Desk Strategies

From Goldman’s Spot Desk via our FXWW chatroom: EUR: I continue to hold a core short, will look to add if we get a rally back to 1.3400/20 with a stop above 1.3450. First support …
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FXWW Chatroom updates

UBS – But now the relative outlook for interest rates and commodity prices has started to reverse, and we think it’s time to factor in a reversal for this AUDNZD trade. …
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Citi G10 Flows Update

G10 Flows: Momentum versus contrarian? Despite the strong USD comeback overnight, we have actually seen net USD selling for most of the Tuesday session and the flow only flipped ov …
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GBP/USD under pressure ahead of data & QIR

GBP/USD has been trading lower in the Asian session, hitting a low of 1.6758 earlier. I’d expect to see a bounce during the London session and a hunt for the topside stops above …
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European Open – 12/08/2014

Good morning Asian stock markets are mixed today, with the Nikkei up 0.20 % and ASX gaining 1.30 %, but Shanghai Comp and Hang Seng both down 0.30 % on the day. Geopolitical tensio …
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Some info and stats from the FXWW Chatroom

GBP/USD has fallen for 5 weeks in a row, dropping a total of 3.85 cents (-2.2%). The sequence of weekly falls last extended to 6 weeks on 29th August 2008, 311 weeks ago (when the …
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Option Expires 11/08/2014

AUD/USD: 0.9250 (549M), 0.9300-10 (300M), 0.9325 (200M), 0.9350 (294M) EUR/GBP: 0.8000 (140M), 0.8075 (100M) EUR/USD: 1.3350 (883M), 1.3370 (296M), 1.3400 (532M), 1.3435 (407M), US …
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Session Data Mon Aug 11 (GMT – 5:00 ET)

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