RBNZ this week, little preview for it NZD 1Y swap (pic) has pulled back a bit over the last few sessions, notably after the poor CPI print, which has led to some people thinking that there wont be a rate hike this week from the RBNZ HOWEVER, the ...

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Also, late friday stops being triggered in USDs. with JPY/EUR/GBP all getting hit. not much to read into tho, a bit choppy and liquidity is thin, but overall not huge. 1.35 in EURUSD is key going into weekend, as is 1.7060 in GBP. Do the USD bulls ...

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CAD is correlated to oil, yes. Yet I am not personally a believer of the driving relationship. Lots of model HFs do use that relationship in trading tho. AUD is certainly a metal commodity currency, yet once again, its more a terms of trade thing ...

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Yup, VIX up a lot. FX volatility also a bit higher (no where near as much tho) Thing to watch in o/n is USDJPY... I've noted large bids 500mil at each price level in the teens. All getting chewed through. More so lower. Risk/reward is definitely ...

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Mailing list people... Check your inboxes. You've got; -Goldman sachs weekly techs -Citi techs and some economic research. -BNP ECB note, + macro/rates/FX weeklies -HSBC huge piece on volatility (great read) -JPM with some good reads -Soc Gen daily. ...

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for those interested *UKRAINIAN INTERIOR MINISTRY ADVISER SAID THE BUK MISSILE WAS FIRED BY SEPARATISTS - INTERFAX *280 PASSENGERS, 15 CREW DIED ON PLANE, SAYS UKRAINIAN INTERIOR MINISTRY ADVISER QUOTED BY INTERFAX *MALAYSIAN PLANE WAS BROUGHT DOWN ...

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you really have no clue, I don't have time for people like you here. I'm sorry, but could you please refrain from posting your nonsense here again. Thank you.

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are you seriously saying technicals have caused this move? you truly are delusional! A fucking plane has been shot down with 300 people dead, and you think techs pushed the USDJPY lower? jesus man. you need to sort your life out.

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right. because your index managed to successfully predict a passenger jet getting shot out of the sky... yh ok.

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The USDJPY trades about 1 trillion USD per day The EURJPY 147bn the AUDJPY 45bn the CADJPY 6bn See the problem yet?

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I just built that JPY index on my own platform. There are serious flaws with the ideas behind it. It Is not a good representation of the JPY in my opinion, be careful basing your opinion on it. (especially if you decide to trade the XXX/USD's based ...

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Just checked with options dealers... I can barely get a quote for any size for a 1.35 touch. Mkt almost unanimous that we break it in next 1 month. That is concerning.

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you may very well be correct, most people do think its going to break. The market prices in a a very high chance of a move below 1.35 My point is that the index you show adds no value to that opinion, i.e. it shows nothing to support that view. yes ...

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Plus, going to the main crux of this. How on earth does looking at a simple index like that one help in anyway?

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To say something is trending is one of the biggest mistakes every market participant makes. Don't worry its not just retailers like yourself, but HF/RM managers do it too. Here are 3 charts of the EURUSD. One shows an undeniably bullish "trend"... ...

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at 1.47

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EURAUD doesn't have much volume through it. There is one expiration today worth $147,000... so yeh.

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care to explain how this helps? My preferred index would look at the EUR on a volume weighted (+vol weighted) basis.

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right. I really don't see how that can act as a useful EUR index. It means literally nothing, its especially dangerous to do analysis on something like that.

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what are the ccys weightings?

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