market is scrambling for topside usd calls

News that IRAN SENDS MILITARY TROOPS AND LONG-RANGE MISSILE LAUNCHERS TOWARDS TURKEY

Hear Snb and mideast sold eur

We are still quite high. Rumours in the market is that Spain might request for help very soon.

Big us banks and swiss bank buyin jpy crosses

That is pushing the eur am aud and gbp higher.

JPY crosses being bought heavily by US bank

Heard large amount was bought by one single party.

Hear good offers in EURUSD at 1.2940-50 level

Been told there are sellers in that region. I think the market would probably try those levels. If its really offered, we will see eurusd retrace from there and then test the lower support level at 1.2880-70.

Any one of you have any views?

Solid bids in eur. Disappointing euro data

Pmi was generally disappointing. I have just squared my long eurusd and turn short instead.

I am looking for a break in eurusd at 1.2870. If we break there, we should see
Eur being under pressure.

Heard macro name sold eurusd

Macro funds sold eurusd down about 10 pips.

Support will be at 75 level. Would turn short if it breaks 1.2870.

Any thoughts?

Demand in EURUSD below 1.2900

Heard large clip of Eurusd was sold and we saw the sudden drop of 5 pips.

But was told that demand was strong below 1.2900. Pushing the pair back up.

I am long eur and hopefully it goes higher from here.

Heard ACB been buying some GBPUSD at 1.6125

I am still bearish the pair though.

EURGBP order

EURGBP has hit a high of 0.8004. Hear there is little offers in the market until 0.8100. We could possibly see Eurgbp moving even higher from here.

UK Pmi's haven't been too good this week. Numbers have been coming out before forecast.

With ACB selling GBP, I think good chance eurgbp moving higher.

US investment bank been the big buyer in Eurusd

The powerhouse has been the one soaking up all the offers in Eurusd.

Theres also talk of a large RHS fix eurgbp order.

We could see things turning around in the us session

Market talks of SNB buying euros

Talks of them buying euros. However on reuters, Swiss National Bank declines to comment on it.

AUSTRALIAN ECONOMY EXPANDED 0.6% IN 2Q FROM QTR AGO

*AUSTRALIAN ECONOMY EXPANDED 3.7% IN 2Q FROM YEAR AGO
*AUSTRALIA'S 1Q GDP REVISED TO 1.4% RISE QOQ FROM 1.3% GAIN
*AUSTRALIAN 2Q NON-FARM GDP ROSE 0.6% FROM PREVIOUS QTR
*AUSTRALIAN 2Q CHAIN PRICE INDEX ROSE 0.4% VS PREVIOUS QTR
*AUSTRALIAN 2Q GDP RISES 0.6% FROM PRIOR QTR; EST. 0.7% GAIN
*AUSTRALIAN HOUSEHOLD SAVINGS RATIO WAS 9.2% IN 2Q
*AUSTRALIA'S 1Q GDP REVISED TO 1.4% RISE QOQ FROM 1.3% GAIN

EURUSD Bids at 1.2600

Eurusd relatively quiet this morning. Market tried to break the trendline at 1.2625 but didn't manage to. Hearing bids at 1.2600 by Mideast guys earliear. Will we stay above 1.2600 for the next 2 days before Draghi speaks? Lets see... Good luck all!

A C B picking up a few euros

Last heard acb picking up a few euros around 1.2560 lvl.

A high chance that gaps get filled. I will be targeting gbpaud to hit around 1.5400. I will place my stop at 1.5505. Risking about 30 pips for a profit of 70 pips. Gbp currently trading at a high level and good chance that we will see some resistance on Gbp. I like the risk and reward of the trade. Good luck :)