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GS: G10 FX Spot Trader Views via the FXWW Chatroom

GS: G10 FX SPOT TRADER VIEWS POSITIONING => We have reengaged our EUR short going out the ECB given Draghi’s strong message, but prefer to tread lightly on EURUSD to give us a higher degree of manoeuvrability going into NFP today. Our positioning remains long USD across the G10 spectrum. Short EURUSD => We have […]

Citi: G10 Portfolio Update via the FXWW Chatroom

Citi:  G10 Portfolio Update: Lowering stop on short EURUSD (TOTW) We initiated a short EURUSD position as our Trade of the Week on Monday at 1.2470. We are now lowering the stop to 1.2425 to protect gains ahead of the US payrolls report. ECB dovishness presages additional EUR depreciation, particularly if investors move to discount […]

FX: Option expiries for today’s NY cut (10:00 NY, 15:00 London)

EUR/USD: 1.2400 (1.3BLN), 1.12450 (525M), 1.2500 (5.5BLN), 1.2550 (4.6BLN)USD/CHF: 0.9460 (1.65BLN).GBP/USD: 1.5900-05 (440M)EUR/GBP: 0.7750 (200M), 0.7900 (100M), 0.7950 (220M)AUD/USD: 0.8600 (1.1BLN), 0.8650700M), 0.8675 (796M), 0.8700 (467M), 0.8750 (2.1BLN)NZD/USD: 0.7720 (200M), 0.7800 (201M)USD/JPY: 115.00 (300M), 114.00 (525M)USD/CAD: 1.1500 (675M), 1.1350 (600M), 1.1300 (1.2BLN) 

Session Data for Fri Nov 07 (GMT-5:00 ET)

Cisco: looking good to me! by Mary McNamara

Cisco is looking quite strong at the moment and I will be buying the stock and selling OTM Call options as well as selling Puts.  The stock closed on Thursday at $25.26 and Morningstar ‘Fair Value’ is at $26. The Dec $26 Call can be sold for 0.39 cents and the Dec $24 Put for 0.31 […]

Silver & Gold: both hug support ahead of NFP by Mary NcNamara

Silver and Gold are both hugging on to key support levels ahead of tonight’s NFP.  Silver: is holding up above the $15 support level. A break of this would suggest a trip down to near $8: Silver 30 min: Silver monthly: Gold is hovering around the key 61.8% fib of the last major bull run located […]

Bear Flag Updates: E/U, A/U and Kiwi by Mary McNamara

The Bear Flag technical patterns on the E/U and A/U look well underway now but that on the Kiwi, whilst it is trading below major support, does not look as convincing just yet.   E/U: price looks certain to close the week below 1.25 for the week and, if so, I’ll be looking for a pull back […]

USD rally continues but some road blocks ahead by Mary McNamara

The USD rally continued overnight but there are some significant road blocks ahead that could give the index a bit of a pause. 88.50 is just above current price and was the region of highs last seen in June 2010. Above that is 89.50 which is the region of highs not seen since March 2009. NB: I […]

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