JPY crosses – It’s time to go long this week

With the geopolitical tension easing in Europe, there are highly likely chances that risk sentiment will be back in the market. Go long with the JPY crosses at appropriate levels …
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Analysis of the situation in Iraq

Iraq is back in the focus after US President Obama announced that he authorized air strikes if necessary and markets are increasingly worried about the growing geopolitical tension …
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EUR/USD – Flows & orders update

A HK source is reporting that there are solid bids at 1.3335 from various names and one US bank mentioned that there are stops in good size through 1.3330. To the topside, offers r …
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Option Expires – August 08th

AUD/USD: 0.9275 (498M), 0.9300 (432M), 0.9315 (201M), 0.9350 (1.07BLN) EUR/USD: 1.3200 (575M), 1.3300 (569M), 1.3330 (292M), 1.3400 (2.69BLN), 1.3425 (466M) USD/CAD: 1.0920 (100M), …
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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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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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AUD/USD – Huge 0.93 option expiry might keep things quiet

AUD/USD mostly consolidated around the 0.93 level during the Asia session. USD strength weighed on the Aussie, but cross flows were supportive with AUD/NZD rallying back above 1.10 …
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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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