FX traders: ignore the S&P500 at your peril

Wed 6th Aug The USD rally has continued and it has broken out of a 10 month trading channel on the daily chart time frame. The index will need to print a weekly candle close above …
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NZD: Big support levels looming against USD and AUD

AUD/NZD resistance at 1.1050 has proven very strong in recent times. I’m sure the market will have a serious test of it again and see if there are stops above there. NZD/USD has …
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Is the forex market too big to be manipulated?

An interesting piece by Jamie Coleman for those who wonder… “What would you say about the FX market being too big for manipulation? I’ve heard this so many times, The bi …
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Upcoming data for Tuesday 5th

All times are EST (GMT-5:00)  
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Euro on hold ahead of ECB, Thursday

There is little to add today as the markets trade in tight ranges ahead of Thursdays ECB meeting, with only the US Non Mfg ISM, due later in NY, to provide any real chance of volat …
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Some talk from our FXWW Chatroom

Euro – Mkt talk of bids 1.3400-1.3380 from RM and interestingly reserve names layering bids below 1.3390.
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Option Expiries 05/08/14

Option Expiries for today’s NY cut (10:00 AM EST/15:00 BST). Most notable are 102.50 in USD/JPY (2.11B) and 1.3450 in EUR/USD (1.25B). AUD/USD: 0.9200 (550M), 0.9205 (299M), 0.92 …
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USD/JPY – Consolidating around 102.50 amid big option expiry

There is a $2.11 billion expiry at 102.50 in USD/JPY for today’s NY cut (15:00 London time), which will likely attract price given the lack of Tier 1 data releases. Dealers in As …
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Option Expiries 04/08

Today’s report is relatively light but we do have some decent strikes tomorrow which may still influence today’s price action: €1.25 yards of EUR/USD 1.3450’s while in USD/ …
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AUD/NZD: a re-think of this pair.

Mon 4th Aug The AUD/NZD has looked for some time like it is trying to carve out a bottom here. The monthly chart shows that the lows reached back in early 2014 were pretty much on …
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