Chart USD/CAD Update: Potential for a test below 1.3700

July 18, 2025 3:20 PM UTC

The anticipated test above 1.3750 has been pushed back from 1.3775

FX Weekly Strategy: July 21st-25th

July 18, 2025 3:13 PM UTC

Little data of note with PMIs the main focus
EUR/USD can hold above recent lows if Eurozone PMI shows another modest gain
Long trend higher in EUR/JPY looks excessive and suggests downside risks
NOK has potential to extend Friday’s recovery versus EUR and SEK

Chart AUD/USD Update: Bounce back into range

July 18, 2025 1:46 PM UTC

The test of congestion support at 0.6450 has given way to a bounce

Chart EUR/JPY Update: Balanced beneath 2025 year highs

July 18, 2025 1:32 PM UTC

The anticipated test lower has not been seen

Chart USD/JPY Update: Cautious trade - potential for a minor test lower

July 18, 2025 1:03 PM UTC

Little change, as prices extend cautious trade around 148.50

USD flows: Recovery in housing starts of limited significance

July 18, 2025 12:41 PM UTC

USD may stabilise after data after softening through the European morning

Chart USD/ZAR Update: Leaning lower

July 18, 2025 11:20 AM UTC

Cautious trade has given way to a drop to congestion support at 17.7000

Chart EUR/CAD Update: Gains to remain limited

July 18, 2025 10:32 AM UTC

Cautious trade is giving way to a drift higher

Europe Summary and Highlights 18 July

July 18, 2025 10:15 AM UTC

Riskier currencies were generally firmer through a quiet European morning.

This week's five highlights

July 18, 2025 10:00 AM UTC

Trump’s Tariffs and Markets
This Week's Fed Speakers
And Slate of U.S. Data Showing Limited Tariff pass-through 
China: GDP Resilient in Q2
UK Services Inflation Fails to Fall Further

FX Daily Strategy: N America, July 18th

July 18, 2025 9:17 AM UTC

What the Tariff Man Will be Up To
National CPI May Move BoJ
USD/JPY Northbound
U.S. June Housing Starts and Permits Start to correct higher

Chart USD/CHF Update: Cautious trade

July 18, 2025 8:16 AM UTC

Cautious trade is giving way to a drift lower

Chart USD Index DXY Update: Cautious trade - background studies improving

July 18, 2025 8:07 AM UTC

Cautious trade beneath resistance at 99.00 and the 99.15 Fibonacci retracement has given way to a minor pullback

Chart EUR/GBP Update: Choppy trade

July 18, 2025 7:58 AM UTC

The anticipated break below congestion support at 0.8650 has bounced from 0.8635

Chart EUR/USD Update: Consolidating above 1.1600 - background studies under pressure

July 18, 2025 7:40 AM UTC

Still little change

Chart GBP/JPY Update: Back to pressure 199.80 high

July 18, 2025 7:28 AM UTC

Bounce at the 198.00 support see pressure returning to the upside to retest the 199.80 high

Chart GBP/USD Update: Limited tests higher - background under pressure

July 18, 2025 7:22 AM UTC

Choppy trade within support at the 1.3370 monthly low of 23 June and congestion around 1.3400 is giving way to a minor bounce

Chart AUD/JPY Update: Lower in consolidation from 97.40 high

July 18, 2025 7:13 AM UTC

Settled back from the 97.40 high as prices consolidate gains from the 94.00, July low

USD, JPY, EUR flows: JPY weakness continues as US data stays solid

July 18, 2025 6:46 AM UTC

JPY stays weak as equities hit new highs 

Chart AUD/NZD Update: Under pressure, extending pullback from 1.0990 high

July 18, 2025 6:33 AM UTC

Extending rejection from the 1.0990 mid-week as prices unwind the overbought intraday and daily studies

Chart USD/INR Update: Extending July gains

July 18, 2025 5:25 AM UTC

Consolidation below the 86.0000/86.1025 resistance has given way to break to further retrace the June/July losses

Asia Summary and Highlights 18 Jul

July 18, 2025 4:50 AM UTC

Japan June CPI elevated