JP Morgan expects EUR/USD to head towards 1.30

According to a weekly bond bulletin by its asset management teamThey say that the pair is currently at a pause after climbing to a peak of 1.25, arguing that yield differentials between the two markets «go some way in explaining this pause, as higher rates in the US may be acting as an anchor on […]

FX option expiries for the 14.00 GMT cut — 16 March 2018

Here’s the larger option expiries today for the 10.00 EST cut 16 MarchFurther to Eamonn’s earlier post here’s the update: EURUSD: 1.2200  (EUR 800m) 1.2300 (2.8bln) 1.2330 (500m) 1.2350 (1.4bln)1.2450 (750m) USDJPY: 105.50 (USD 440m) 105.80 (660m) 106.00-10 (USD 1.7bln)106.30 (600m)106.50 (600m) 106.60 (500m) GBPUSD: Ntg of note EURGBP: 0.8850 (EUR 310m) AUDUSD: 0.7700 (AUD 920m) 0.7750 (400m) 0.7800 (520m) […]

Trading Cryptocurrency with SimpleFX: Step by Step Guide

This article is provided by SimpleFX, a forex and CFDs broker Few months back FX and CFD broker SimpleFX launched its new trading mobile application. In this article we will walk you through the process, from download to placing your first trade. If you find trading cryptocurrencies suitable for you but are unsure how to […]

EURUSD nudges higher but more sellers lurking

EURUSD a little higher again as USD supply prevails 16 MarchThe pair has now breached res/offers around 1.2330 to post 1.2337 but with more option expiry interest at 1.2350 expected to provide greater interest. Option-related support into 1.2300 stillEURGBP back up to 0.8826 from 0.8816 which is helping to cap cable a little but it […]

More from the order boards 16 March

Here’s the latest on other key pairs 16 March 2018Note:Offers = Sellers at these levels. Bids = Buyers at these levels.Bolded = Larger interest. These orders, and the others I post, are generally good until filled /level breached. More guidance on how to trade from the info here  USDCHF: 0.9491 on session lows. Offers around 0.9535 capping yesterday’s rally. Expect SNB still to be […]

Italy February final CPI m/m 0.0% vs +0.1% prelim

Latest data released by Istat — 16 March 2018 CPI y/y +0.5% vs +0.6% prelim HICP m/m -0.5% vs -0.3% prelim HICP y/y +0.5% vs +0.7% prelim Slight delay in the release by the source.A slight miss compared to preliminary estimates, not all too encouraging for Europe’s third largest economy as a downtrend from early […]

EURGBP orders 16 March — Tightly bound again

Currently 0.8826 going nowhere in a hurry again after yesterday’s retreatSell interest/res now at 0.8850. Demand building around 0.8820 with larger interest into 0.8800 Watch out for large EURUSD option expiry interest to have an impact Offers: 0.8850 0.8865 0.8880 0.8900 0.8930 0.8950  Bids:   0.8820 0.8800 0.8785 0.8750