Canadian CPI risks slightly on the downside USD/CAD risks consequently on the upside CHF and JPY under pressure, CHF the preferred funding currency GBP gains to fade ahead of UK CPI
North American Summary and Highlights 20 May
May 20, 2024 7:46 PM UTC
Overview - The USD saw gains versus the EUR in Europe and the JPY in North America in a day with no significant economic data.
FX Daily Strategy: APAC, May 21st
May 20, 2024 3:06 PM UTC
Canadian CPI risks slightly on the downside USD/CAD risks consequently on the upside CHF and JPY under pressure, CHF the preferred funding currency GBP gains to fade ahead of UK CPI
Psychology for major markets May 20th
May 20, 2024 10:05 AM UTC
EUR/CHF hitting new 1 year highs. USD steady
FX Weekly Strategy: May 20th-24th
May 20, 2024 8:55 AM UTC
USD to focus on PMIs after recent relative US weakness JPY still has the most scope for gains GBP upside limited as big drop in CPI expected CAD may soften as CPI could allow BoC rate cut
IMM Commitment of Traders Reports w/e May 14th
May 20, 2024 7:20 AM UTC
CHF net short positioning stands out
Asia Summary and Highlights 20 May
May 20, 2024 4:29 AM UTC
Iran confirmed president Ebrahim Raisi and Minister of Foreign Affairs Hossein Amir-Abdollahian died in helicopter crash China’s LPR unchaged at 3.45% for 1yr and 3.95% for 5yr
FX Weekly Strategy: Europe, May 20th-24th
May 20, 2024 4:24 AM UTC
USD to focus on PMIs after recent relative US weakness JPY still has the most scope for gains GBP upside limited as big drop in CPI expected CAD may soften as CPI could allow BoC rate cut
May 19, 2024
FX Weekly Strategy: Asia, May 20th-24th
May 19, 2024 9:00 PM UTC
USD to focus on PMIs after recent relative US weakness JPY still has the most scope for gains GBP upside limited as big drop in CPI expected CAD may soften as CPI could allow BoC rate cut
FX Weekly Strategy: APAC, May 20th-24th
May 19, 2024 5:00 PM UTC
USD to focus on PMIs after recent relative US weakness JPY still has the most scope for gains GBP upside limited as big drop in CPI expected CAD may soften as CPI could allow BoC rate cut
May 17, 2024
North American Summary and Highlights 17 May
May 17, 2024 7:37 PM UTC
Overview - The USD advanced in Europe but moved lower in North America in a day with little fresh news.
FX Weekly Strategy: May 20th-24th
May 17, 2024 3:18 PM UTC
USD to focus on PMIs after recent relative US weakness JPY still has the most scope for gains GBP upside limited as big drop in CPI expected CAD may soften as CPI could allow BoC rate cut
Psychology for major markets May 17th
May 17, 2024 10:10 AM UTC
Underlying USD tone remains a little negative as yields edge lower, despite modest rally today. EUR/CHF hitting new 1 year highs
FX Daily Strategy: N America, May 17th
May 17, 2024 9:14 AM UTC
USD to stay soft after mildly weaker CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD dips on employment data but upside still favoured
Asia Summary and Highlights 17 May
May 17, 2024 5:11 AM UTC
Bank of Japan Governor Ueda says he has no immediate plan to sell the Bank's ETF holdings
FX Daily Strategy: Europe, May 17th
May 17, 2024 5:05 AM UTC
USD to stay soft after mildly weaker CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD dips on employment data but upside still favoured
May 16, 2024
FX Daily Strategy: Asia, May 17th
May 16, 2024 9:00 PM UTC
USD to stay soft after mildly weaker CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD dips on employment data but upside still favoured
North American Summary and Highlights 16 May
May 16, 2024 7:45 PM UTC
Overview - The USD was generally firmer, though most clearly so versus the JPY and CHF.
FX Daily Strategy: APAC, May 17th
May 16, 2024 3:14 PM UTC
USD to stay soft after mildly weaker CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD dips on employment data but upside still favoured
Psychology for major markets May 16th
May 16, 2024 10:08 AM UTC
USD softer post-CPI
FX Daily Strategy: N America, May 16th
May 16, 2024 8:59 AM UTC
USD to stay soft after mildly weaker CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD dips on employment data but upside still favoured
Asia Summary and Highlights 16 May
May 16, 2024 5:10 AM UTC
Japan's annualized Q1 GDP -2.0% vs -1.5% expected Australian April unemployment rate 4.1% vs. 3.9% expected
FX Daily Strategy: Europe, May 16th
May 16, 2024 5:05 AM UTC
USD to stay soft after mildly softer CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD unlikely to move far on employment data
May 15, 2024
North American Summary and Highlights 15 May
May 15, 2024 7:35 PM UTC
Overview - The USD was weaker in Europe, USD/JPY leading, and saw broader based losses in North America after softer than expected US CPI and retail sales data.
FX Daily Strategy: APAC, May 16th
May 15, 2024 2:59 PM UTC
USD to stay soft after mildly softer CPI USD/JPY still has most scope for decline EUR/JPY also looks overstretched AUD unlikely to move far on employment data
Psychology for major markets May 15th
May 15, 2024 10:09 AM UTC
USD coming under pressure ahead of CPI
FX Daily Strategy: N America, May 15th
May 15, 2024 8:59 AM UTC
US CPI the focus, soft USD tone may persist on neutral data JPY weakness likely now close to limits Still upside scope for NOK/SEK after Swedish CPI
Asia Summary and Highlights 15 May
May 15, 2024 5:03 AM UTC
China's government is considering buying unsold homes to ease oversupply Australia Q1 Wage Price Index +0.8% q/q (expected +0.9%)
FX Daily Strategy: Europe, May 15th
May 15, 2024 4:56 AM UTC
US CPI the focus, soft USD tone may persist on neutral data JPY weakness likely now close to limits SEK focus on Swedish CPI, still upside scope for NOK/SEK
May 14, 2024
FX Daily Strategy: Asia, May 15th
May 14, 2024 9:00 PM UTC
US CPI the focus, soft USD tone may persist on neutral data JPY weakness likely now close to limits SEK focus on Swedish CPI, still upside scope for NOK/SEK
North American Summary and Highlights 14 May
May 14, 2024 7:52 PM UTC
Overview - Despite rising on a strong PPI, the USD ended slightly softer after comments from Fed’s Powell.
FX Daily Strategy: APAC, May 15th
May 14, 2024 3:15 PM UTC
US CPI the focus, soft USD tone may persist on neutral data JPY weakness likely now close to limits SEK focus on Swedish CPI, still upside scope for NOK/SEK
Psychology for major markets May 14th
May 14, 2024 10:06 AM UTC
EUR edging higher, USD/JPY still firm but downside risks increasing
FX Daily Strategy: N America, May 14th
May 14, 2024 8:58 AM UTC
GBP rises on earnings data but falls back on Pill comments US NFIB data could support softer USD tone
Asia Summary and Highlights 14 May
May 14, 2024 5:13 AM UTC
Japan Suzuki says it is important for currencies to move in stable manner, reflecting fundamentals
FX Daily Strategy: Europe, May 14th
May 14, 2024 5:08 AM UTC
GBP focus on earnings data Upside risks seen for EUR/GBP US NFIB data could support softer USD tone
May 13, 2024
FX Daily Strategy: Asia, May 14th
May 13, 2024 9:00 PM UTC
GBP focus on earnings data Upside risks seen for EUR/GBP US NFIB data could support softer USD tone
North American Summary and Highlights 13 May
May 13, 2024 7:26 PM UTC
Overview - The USD advanced versus JPY on higher US inflation expectations but slipped versus GBP and EUR.
FX Daily Strategy: APAC, May 14th
May 13, 2024 3:13 PM UTC
GBP focus on earnings data Upside risks seen for EUR/GBP US NFIB data could support softer USD tone
Psychology for major markets May 13th
May 13, 2024 10:12 AM UTC
USD starting to edge lower
FX Weekly Strategy: May 13th-17th
May 13, 2024 9:10 AM UTC
Scope for EUR/USD to break higher Focus on US CPI data GBP/USD may return to previous correlation JPY still has most potential for recovery
IMM Commitment of Traders Reports w/e May 7th
May 13, 2024 7:08 AM UTC
CHF net short positioning stands out
Asia Summary and Highlights 13 May
May 13, 2024 5:05 AM UTC
Japan's Kato says its natural that monetary policy will revert to positive interest rates China's April CPI +0.3% y/y vs. +0.1% expected
FX Weekly Strategy: Europe, May 13th-17th
May 13, 2024 5:01 AM UTC
Scope for EUR/USD to break higher Focus on US CPI data GBP/USD may return to previous correlation JPY still has most potential for recovery
May 12, 2024
FX Weekly Strategy: Asia, May 13th-17th
May 12, 2024 9:00 PM UTC
Scope for EUR/USD to break higher Focus on US CPI data GBP/USD may return to previous correlation JPY still has most potential for recovery
FX Weekly Strategy: APAC, May 13th-17th
May 12, 2024 5:00 PM UTC
Scope for EUR/USD to break higher Focus on US CPI data GBP/USD may return to previous correlation JPY still has most potential for recovery
May 10, 2024
North American Summary and Highlights 10 May
May 10, 2024 6:42 PM UTC
Overview - UK and Canadian data lifted the GBP and CAD but the USD was little changed overall.
FX Weekly Strategy: May 13th-17th
May 10, 2024 3:00 PM UTC
Scope for EUR/USD to break higher Focus on US CPI data GBP/USD may return to previous correlation JPY still has most potential for recovery
Psychology for major markets May 10th
May 10, 2024 10:09 AM UTC
USD starting to edge lower
FX Daily Strategy: N America, May 10th
May 10, 2024 9:04 AM UTC
GBP recovers after UK GDP NOK edged higher on CPI CAD may start to underperform on the crosses USD strength to start to wane