North American Summary and Highlights 2 Sep

September 2, 2025 7:34 PM UTC

Overview - The USD advanced in Europe, most prominently versus the GBP as fiscal policy worries escalated. 

Chart USD/MXN Update: Choppy in range

September 2, 2025 4:02 PM UTC

Consolidation around support at 18.6000 has given way to a sharp bounce

Chart USD/CAD Update: Immediate gains to remain limited

September 2, 2025 3:29 PM UTC

Consolidation around 1.3750 has given way to a sharp run higher

FX Daily Strategy: APAC, Sep 3rd

September 2, 2025 3:11 PM UTC

AUD mildly favoured on GDP data
Some scope for JPY to sustain late recovery seen Tuesday
GBP may reverse some of Tuesday’s losses on MPC testimony

U.S. August ISM Manufacturing - New orders positive but production slips

September 2, 2025 2:15 PM UTC

August’s ISM manufacturing index of 48.7 us up from July’s 48.0 but still below June’s 49.0 and weaker than the S and P manufacturing PMI and several regional Fed surveys had implied. 

USD, JPY flows: USD slips after ISM, JPY has scope for recovery

September 2, 2025 2:15 PM UTC

ISM manufacturing rises less than expected but new orders index encouraging. USD downside likely modest but scope for more general JPY recovery.

Chart AUD/USD Update: Limited downside tests

September 2, 2025 1:29 PM UTC

Cautious trade around congestion resistance at 0.6550 has given way to a sharp pullback

Chart EUR/JPY Update: Strong resistance at 173.90/00

September 2, 2025 1:21 PM UTC

The anticipated test of congestion resistance at 173.00 has extended to 173.40 in choppy trade

Chart USD/RUB Update: Range extension

September 2, 2025 11:31 AM UTC

Little change, as prices extend cautious trade within the 80.0000 - 81.0000 range

Chart USD/ZAR Update: Higher in range

September 2, 2025 11:06 AM UTC

Consolidation above congestion support at 17.5000 has given way to a fresh test higher

Chart EUR/CAD Update: Under pressure

September 2, 2025 10:48 AM UTC

Cautious trade around 1.6100 has given way to a sharp pullback

Psychology for major markets Sep 2

September 2, 2025 10:12 AM UTC

Ranges continue to dominate, but JPY weak

Europe Summary and Highlights 2 September

September 2, 2025 10:09 AM UTC

The USD was stronger across the board through the European morning.

Chart EUR/CHF Update: Consolidating - background under pressure

September 2, 2025 10:09 AM UTC

Still little change, as prices extend consolidation above congestion support at 0.9350

FX Daily Strategy: N America, Sep 2nd

September 2, 2025 8:58 AM UTC

Trump Tariff Fiasco Continues
U.S. ISM Manufacturing Back to neutral with firmer prices
Would Determine the next leg in DXY
While the USD/JPY Consolidation Continues

Chart USD/CHF Update: Higher in range

September 2, 2025 8:18 AM UTC

Cautious trade following the shallow tests below congestion support at 0.8000 has given way to a sharp bounce

Chart USD Index DXY Update: Higher in range

September 2, 2025 8:10 AM UTC

Consolidating following the anticipated test of congestion support at 97.50 has given way to a sharp bounce

Chart EUR/GBP Update: Extending gains

September 2, 2025 7:56 AM UTC

Anticipated gains have broken above 0.8672, with prices approaching resistance at 0.8695, (GBP/EUR 1.1500)

Chart EUR/USD Update: Leaning lower in range

September 2, 2025 7:43 AM UTC

Cautious trade beneath resistance at 1.1750 has given way to a pullback

Chart GBP/USD Update: Leaning lower

September 2, 2025 7:28 AM UTC

Cautious trade beneath resistance at 1.3550 has given way to a sharp pullback

IMM Commitment of Traders Reports w/e August 26th

September 2, 2025 7:19 AM UTC

JPY and EUR net speculative positioning remains long. AUD, CAD and CHF positioning short

Chart GBP/JPY Update: Retest 200.00/28 highs

September 2, 2025 6:55 AM UTC

Extending bounce from the 198.00 support to retest the 200.00/28, congestion and 13 August current year high