== $ == Banks Orders Book == $ ==

[Abo Abdullah]

Propareos levels (areas where probabilities of price action reversal or saturation reach 90%):
EURUSD: 1.3235-1.3250 on the upside, 1.3145-1.3160 on the downside.
AUDUSD: 0.9065-0.9080 on the upside, 0.8845-0.8860 on the downside.
USDJPY: 100.10-100.20 on the upside, 98.25-98.40 on the downside.
GBPUSD: 1.5620-1.5635 on the upside, 1.5420-1.5435 on the downside.
USDCAD: 1.0575-1.0590 on the upside, 1.0475-1.0490 on the downside.
NZDUSD: 0.7870-0.7885 on the upside, 0.7685-0.7700 on the downside.
EURJPY: 131.95-132.10 on the upside, 129.90-130.05 on the downside.
EURGBP: 0.8570-0.8585 on the upside, 0.8425-0.8440 on the downside.
USDCHF: 0.9390-0.9405 on the upside, 0.9255-0.9270 on the downside.
AUDJPY: 90.70-90.85 on the upside, 86.00-86.15 on the downside.
EURAUD: 1.4765-1.4780 on the upside, 1.4535-1.4550 on the downside.

Warning! Propareos levels do not take into account fundamental developments. Their validity is reduced on days when the NFP is released and when Central Banks change their interest rate.

[Abo Abdullah]

EU Brief - London

[10:14 GMT Sept 3] EUR/USD opened with a softer tone in Europe, but after momentum waned ahead of 1.3150 specs lost heart and began to take some profits,. There is no doubting the overall bearish feel ahead of this week’s key events, but also no doubting the history of EUR/USD this year. Ranges have been dominant and shorts into weakness are not attractive. Even talk of a missile launch in the Eastern Mediterranean failed to spur a risk averse bid for dollars for any length of time. Flows again saw lower than average volumes. Real money were large buyers of EUR/AUD into leverage account long liquidation. Asian prop funds sold EUR/USD but failed to trip 1.3150 stops. System buyers EUR/GBP. Specs sellers of EUR/GBP on strong PMI. Sovereign bids eyed 1.3120. U.S ISM ahead the main event today. jeremy.boulton at thomsonreuters com

[Abo Abdullah]

Macro funds & corporate bids in EUR/USD @ 1.3140/50 in good size

[Abo Abdullah]

EUR/USD

[Abo Abdullah]

Interbank FX Wire

Asian specs sold EUR/USD in early London but failed to clear sub-1.3150 stops
Bids from macro funds and corporate names noted at 1.3140/50, sovereign demand seen at 1.3120
Offers from leveraged players lined up at 1.3220 with stops above
EUR/GBP barrier at 0.8450 and stops below cleared; model funds were buyers while specs sold aggressively after strong UK PMI data
An Asian central bank bought GBP/USD in early London with an other Asian sovereign name seen as seller around 1.56 later
ACB sales and profit-taking flows pushed Cable back to 1.5570
Bids are now lined up at 1.5550; dealers note stops building sub-1.5520
An UK clearer sold USD/JPY; ACB seen selling around 99.60
Exporter offers from 99.80 to 100.00 and ACB supply 99.90-95; large stops above the big figure through 100.10
Real money account large buyer of EUR/AUD; ran into selling from hedge fund liquidating long position
UK clearer noted selling of GBP vs EUR and AUD
Reserve Manager has offers at 0.9050 in AUD/USD with stops from specs through that level and larger above 0.9070
Bids building at 0.90 with stops sub-0.8980

[Abo Abdullah]

System funds buying USD/JPY

[Abo Abdullah]

Short-term players in GBP/USD getting squeezed, putting stops under 1.5530 under pressure

[Abo Abdullah]

EUR/GBP – Offers from real money at .8500

[Abo Abdullah]

usd/jpy just posted a fresh intraday high....as reminder, exporter offers resting 99.80 to 100.00 but buy stops heavy above the big figure

[Abo Abdullah]

eur/usd broke 3150 level, ran into demand from macros/corporates, but still very weak....next sppt at 3120

US leveraged funds buying USD across the board....US yields on the rise as well, EM currencies back under pressure

[Abo Abdullah]

aussie has bids lined up at 0.90 with sell stops accumulating through 0.8980....reserve manager offers at .9050 capped upside so far

[Abo Abdullah]

GBP/USD ran into bids at 5530, stops through 5520 and next sppt then at 5500

[Abo Abdullah]

Macro account bid noted in EUR/USD at 1.3140, stops underneath near 1.3130

Recent AUD/USD move upward attributed to stops above .9050 being hunted along with US fund demand for EUR/AUD

[Abo Abdullah]

USD/JPY - Japanese exporter offers from 99.80 into 99.90 helped slow down the rally, but large US bank demand for the pair also noted; stops above 100.00 growing large

[Abo Abdullah]

US investment bank also noted buyer of USD/JPY...we're getting close to that 100 lv