North American Summary and Highlights 11 November

November 11, 2026 7:48 PM UTC

Overview - The post-CPI USD rally extended further. 

Weekly Chart EUR/USD Update: Fresh year lows - studies under pressure

November 11, 2026 5:26 PM UTC

Anticipated consolidation above the 1.1130 Fibonacci retracement and the 1.1115~ monthly low of 14 October ahs given way to anticipated losses

Chart USD/CAD Update: Extending gains in USD- and CAD-driven trade

November 11, 2026 4:43 PM UTC

No change to the bullish tone, as prices extend gains in USD- and CAD-driven trade to congestion resistance at 1.4250

FX Daily Strategy: Asia, Nov 12

November 11, 2026 4:33 PM UTC

Dollar extends as market adjusted to shift in inflation scenarios
Low yielders especially pressured again, while risk holds up
UK GDP seen robust, continues to defy challenging backdrop

Preview: Due November 17 - U.S. October Industrial Production - Dip on utilities, manufacturing still healthy

November 11, 2026 3:52 PM UTC

We expect a 0.1% decline in October US industrial production due to a significant correction lower in weather-sensitive utilities. We expect a respectable 0.4% increase in manufacturing.

Chart AUD/USD Update: Pressuring support - background studies bearish

November 11, 2026 2:23 PM UTC

Little change, as prices extend (choppy) trade at support at the 0.6850 Fibonacci retracement and the 0.6865 monthly low of 30 June

Preview: Due November 12 - U.S. October Existing Home Sales - Deepening weakness

November 11, 2026 2:17 PM UTC

We expect a 3.3% decline in October existing home sales, which would take the level to the lowest since October 2010. Rising mortgage rates in early October are likely to have hit sales.

Chart USD/JPY Update: Sharp break higher in USD- and JPY-driven trade

November 11, 2026 1:49 PM UTC

Cautious trade has given way to a sharp USD- and JPY-driven break higher

DXY flows - NY extends the dollar move, USD/JPY making nervy push for 160

November 11, 2026 1:38 PM UTC

Extending Tuesday's action after the macro risk landscape reshaping data
USD/JPY looking set for a nervy push for 160

Preview: Due November 17 - U.S. October Retail Sales - Momentum solid but some risk of slowing

November 11, 2026 1:15 PM UTC

We expect October retail sales to rise by 0.2% overall and by 0.4% ex autos, with a 0.3% increase ex auto and gasoline. There is some risk that Q3’s impressive resilience in retail sales will fade in Q4, but we do not expect October data to give any strong signals of that.