Americas Insights

June 22, 2026

Chartbook: Chart USD/JPY: Pressuring highs, room to extend gains

June 22, 2026 5:53 AM UTC

Extend bullish gains from the 152.00 January year low to reach fresh high just beneath the 161.95, 2024 multi-year high.

USD/JPY flows: Revisiting June High

June 22, 2026 5:39 AM UTC

USD/JPY aims at recent high
BOJ Dep Gov Himino warned delaying policy adjustments could trigger a inflation overshoot

FX Weekly Strategy: Europe, Jun 22-26

June 22, 2026 5:21 AM UTC

No significant revision for U.S. Q1 GDP
U.S. May Core PCE Prices to outperform CPI
And A Slate of U.S. Data
Canada May CPI A further lift from energy

AUD/USD flows: Strait is back

June 22, 2026 1:57 AM UTC

Hormuz maritime security mechanism agreed by Iran

Chart GBP/USD Update: Tunred up from retest of 1.3160 March YTD low

June 22, 2026 1:53 AM UTC

Turned up from retest of the 1.3160 March current year low as prices consolidate sharp losses last week

Chart EUR/USD Update: Consolidating above 1.1410 March current year low

June 22, 2026 1:36 AM UTC

Bounce from above support at the 1.1410 current year low of 13 March see prices settling into consolidation above 1.1450

Chart USD/JPY Update: Focus on the 161.80/95 highs

June 22, 2026 12:56 AM UTC

Settled back from fresh year high at 161.80 as prices consoldate above the 161.00 level

Chart NZD/USD Update: Still heavy, room to .5700/.5680 support

June 22, 2026 12:41 AM UTC

Break of the .5750/40 congestion and trendline support from the November low has seen losses to reach .5720 low

Chart AUD/USD Update: Still heavy, weighing on .7000/.6980 support

June 22, 2026 12:24 AM UTC

Little change, as prices extend consolidation at the .7000 figure but pressure remains on the downside

June 19, 2026

CBR Extends Easing Cycle but Slows Pace Amid Global Inflation Risks

June 19, 2026 6:23 PM UTC

Bottom Line: Following 50 bps rate cut on April 24—driven by the disinflationary trend in H1— the Central Bank of Russia (CBR) extended its easing cycle on June 19. However, the bank opted for a smaller 25-basis-point reduction, lowering the key rate from 14.5% to 14.25% citing mounting global i

Chart USD/CAD Update: Fresh year highs

June 19, 2026 3:38 PM UTC

Cautious trade has given way to fresh year highs

Chartbook: Chart GBP/USD: Pressuring strong support - room for lower in the coming weeks

June 19, 2026 3:28 PM UTC

Anticipated tests lower have bounced smartly from strong support at 1.3200 congestion/Fibonacci retracement

FX Weekly Strategy: Asia, Jun 22-26

June 19, 2026 3:00 PM UTC

No significant revision for U.S. Q1 GDP
U.S. May Core PCE Prices to outperform CPI
And A Slate of U.S. Data
Canada May CPI A further lift from energy

Chart AUD/USD Update: Pressuring support - studies falling

June 19, 2026 1:31 PM UTC

Little change, as unwinding oversold intraday studies extend consolidation around congestion support at 0.7000

Chart USD/JPY Update: Choppy beneath fresh year high

June 19, 2026 1:08 PM UTC

Anticipated gains have extended to post a fresh 2026 year high around 161.80

Chart EUR/CAD Update: Early losses not sustained

June 19, 2026 11:36 AM UTC

Choppy trade around 1.6200 has given way to a sharp fall to 1.6160

This week's five highlights

June 19, 2026 11:00 AM UTC

FOMC Policy may prove less hawkish than the dots
BOE Gang of 6 and Steady 2026 Rates
BoJ Reached One Percent
SNB Holding Steady on Rates
Sweden Riksbank Mild Tightening Bias Persist

Chart USD/CHF Update: Consolidating run to fresh year highs

June 19, 2026 10:21 AM UTC

Anticipated gains have posted a fresh year high just beneath congestion resistance at 0.8100

Chart USD Index DXY Update: Turning away from fresh year high

June 19, 2026 9:57 AM UTC

The break above the 100.64 monthly high of 31 March has posted a fresh year high just beneath strong resistance at the 101.15 Fibonacci retracement

Chart EUR/USD Update: Smart bounce, but gains to remain limited

June 19, 2026 9:37 AM UTC

The break below 1.1450 has bounced smartly from just above strong support at the 1.1410 current year low of 13 Mar, with prices once again trading above 1.1450

Chart GBP/USD Update: Corrective gains to remain limited

June 19, 2026 9:20 AM UTC

The anticipated break below 1.3200 has bounced smartly from strong support at the 1.3160~ current year low of 31 March

FX Daily Strategy: N America, Jun 19th

June 19, 2026 9:09 AM UTC

Market Focus Stays in Middle East
Japan national CPI Remains Compressed
USD/JPY Consolidating, Tilted Higher

Psychology for major markets June 19

June 19, 2026 7:37 AM UTC

Vance cancels trip for Iran talks

EUR/USD, USD/JPY, EUR/GBP flows: Dollar still supported, Japan policy options still in focus

June 19, 2026 7:13 AM UTC

Hawkish Japan comments at major yen lows, rates and intervention in frame
Hiccups on Iran talks uncomfortable though not unexpected
Burnham wins, data underscores fiscal realities

Brazil: Slowing Pace of Cuts and BRL Strength

June 19, 2026 6:55 AM UTC

· Brazil cut the SELIC by 25bps to 14.25%, but received critiques from the market by raising end 2027 CPI inflation from 3.5% to 3.7% and talking about Q1 2028 in the relevant policy horizon. We feel that BCB still wants to leave the door open to further cuts in 2026, given how restrict