I haven't heard anything about a barrier there? I'm mean there will be, but nothing huge I don't think. (then again there are barriers at nearly every 5 pip interval, so its not like its going to be a big deal.

Cross Market Analysis

Short sterling M5's continue to rise... 1st rate hike priced in at dec 2014. However I don't think we will because of wage growth being terrible, and that being the main target for the BoE now. Likewise, carry/vol is coming off quite a bit, ...

Cross Market Analysis

BAML G10 traders Summary · G10: Lower EUR, NZD, AUD & EURSEK. higher USDJPY, GBP & USDCAD. · CEEMEA: Lower USDZAR, USDTRY, EURPLN, EURHUF & EURRON. · ASIA: US inflation risk seemingly no barrier to further NJA strength. G10 EURUSD Conviction – Lower ...

Cross Market Analysis

hey of course, I got about 50pms and must have missed it. So sorry.

Cross Market Analysis

mate, one trade... come on. also, considering a spot trade would be down 100+ pips, my options reco is only down a dozen or two. That is why we are pros, we know how to play the market even if we are wrong. Also, read the 1st page, no bullshittery ...

Cross Market Analysis

desk still long. BUT will close all EUR exposure on a close under 1.3477, pretty simple.

Cross Market Analysis

I'm not a particularly big fan of JPM tech team, but here ya go anyway.

Cross Market Analysis

Interesting move in EURUSD. clearly standing out as broadly USD is lower. Triggered stops, but now reversed. Did warn on the fakeout potential... If it gets its head above 1.3490 then leveraged shorts may be squezzed a bit and we could head ...

Cross Market Analysis

russian sanctions will have very little meaningful impact on markets for more than 5 minutes... regarding USDJPY, keep it tight because we *hopefully* will see plenty of vega demand and could push us out of the current range.

Cross Market Analysis

I would wait until CPI later before loading up on a trade. Not sure the plane is going to have any more market impact anymore. Also, I havent seen much EJ flow this morning, but I may have missed something.

Cross Market Analysis

Got to remember that a 500 point move in the EURUSD is *nothing*. (chart of 1Y volatility) We've had days were the market has move 500... But I agree, the EZ fundamentals, especially on the labor market side are worrying, but little can be done ...

Cross Market Analysis

quite possibly. its tight though. Strong bids just above a hell of a lot of stops... My only warning would be risks of fakeouts right now. Citi flow flipped from leveraged sellers to buyers like yourself leaning on the 75 level.

Cross Market Analysis

Some inexplicable weakness in EURXXX this morning, not sure on reason but led by leveraged community Our desk is using this opportunity to pick up EURGBP ahead of UK data this week. spot .7905

Cross Market Analysis

emailed out a lot of stuff, but for those without here are some things CitiFX flow report G10 Flows: Hazy, lazy days of summer There are a few chances of some isolated storms as the market heads into summer; but for the moment, there’s not too much ...

Cross Market Analysis

was the market even open today!? Tip for those who do this for a living. Take an extra long lunch on these kinda days. Tip for those who don't: learn something new on these days, read a book, or better yet bugger off to some remote island for the ...

Cross Market Analysis

yeh, EUR likely quiet till thursday. GBP should be fun tho.

Cross Market Analysis

stevens will almost certainly bitch and moan about the AUD. he has every time its been in and around the 0.95 handle. CPI later on in the week, and if we see no hike from the RBNZ and a weak/on estimate CPI, you can be sure as hell the AUD gonna ...

Cross Market Analysis

options map is light for AUDUSD this week, 0.922 is the biggest with just over 1bn notional.

Cross Market Analysis

USDCAD DTCC for the week ahead. Huge options expiriy at 1.08 tomorrow (NY cut) low delta, hence won't be much of a big deal unless we see some CAD selling early on. Options are all topside calls for this week, given my bearish CAD outlook, this is ...

Cross Market Analysis

From RBS - - A perfect negative storm is brewing for EUR/USD by year end by David Simmonds Having not made any aggressive downside EUR/USD noises for many, many months we now sound the early alarm. There is a negative storm brewing for EUR/USD. We ...

Cross Market Analysis