Americas Insights

June 08, 2026

FX Weekly Strategy: N America, Jun 8-12

June 8, 2026 9:28 AM UTC

Expected dollar break higher on a number of pairs, US CPI next data of note
Fed repricing and tech adjustment key factors along with Iran
ECB hike already 100% odds. Given 2 more hikes in the market, a lot priced in

IMM Commitment of Traders Reports w/e Jun 2

June 8, 2026 6:53 AM UTC

Dollar longs broadened
AUD/NZD pared, though AUD remained an outlier
JPY shorts extended to Jun24 highs
So short base, but USD/JPY highs dollar led, so intervention tactics quandary
AUD,EUR were the outliers and prone to the correction

USD flows: Tech, yields, and Iran remain in focus

June 8, 2026 6:36 AM UTC

More Israel strikes despite Trump's warning
Kospi off steeply, Nasdaq future flat
Dollar steadies after break higher, remains well supported

AUD/USD flows: More Missiles

June 8, 2026 5:14 AM UTC

Iran says that Israeli strikes have damaged its Karoon Petrochemical complex

FX Weekly Strategy: Europe, Jun 8-12

June 8, 2026 4:49 AM UTC

Dollar breaking higher on a number of pairs, US CPI next data of note
Fed repricing and tech adjustment could drag the likes of AUD/USD
ECB hike already 100% odds. Given 2 more hikes in the market, a lot priced in

Chart GBP/USD Update: Consolidating above 1.3300

June 8, 2026 2:04 AM UTC

Gapped lower to 1.3312 low before turning up to consolidate losses last week from the 1.3485 resistance

Chart EUR/USD Update: Consolidating above 1.1500, room for lower later

June 8, 2026 1:50 AM UTC

Weak opening has seen losses to 1.1505 low before turning up to consolidate sharp losses last week from the 1.1655/85 resistance

USD/JPY flows: Second Read of Q1 GDP Revised Lower

June 8, 2026 1:13 AM UTC

Japan Q1 annualized GDP 1.8%

Chart USD/JPY Update: Within reach of 160.46/160.72, March/April highs

June 8, 2026 1:03 AM UTC

Pressure remains on the upside and gains above the 160.00 figure has reach 160.35 high

Chart NZD/USD Update: Consolidating losses

June 8, 2026 12:47 AM UTC

Gapped down opening reach .5778 low before turning higher to regain the .5800 level as prices consolidate sharp losses last week

Chart AUD/USD Update: Consolidating losses

June 8, 2026 12:28 AM UTC

Weak opening has seen losses to .7020 low before turning higher to consolidate sharp losses last week from the .7200 resistance

June 05, 2026

FX Weekly Strategy: Asia, Jun 8-12

June 5, 2026 9:00 PM UTC

North American Summary and Highlights 5 June

June 5, 2026 7:33 PM UTC

Overview - The USD advanced across the board on strong US employment data. Canadian employment also exceeded expectations.

Preview: Due June 16 - U.S. May Housing Starts and Permits - Slightly lower on volatile multiples

June 5, 2026 4:47 PM UTC

We look for May housing starts and permits to both see modest declines, with starts down by 2.4% to 1.43m and permits down by 0.2% to 1.42m. The detail is likely to see gains in the single family sector outweighed by corrections lower in multiples.

Chart USD/MXN Update: Sharp bounce

June 5, 2026 4:17 PM UTC

Cautious trade above support at 17.3000 has given way to a sharp USD-driven rally

Chart USD/CAD Update: Approaching strong resistance at 1.3965/85

June 5, 2026 3:48 PM UTC

Choppy trade around 1.3900 has given way to fresh gains

FX Weekly Strategy: APAC, Jun 8-12

June 5, 2026 3:44 PM UTC

U.S. Fed's Hammack - Reiterates view, steady for now, may need to act against inflation soon

June 5, 2026 3:28 PM UTC

Cleveland Fed President Hammack has reiterated a hawkish lean after the employment report.

Preview: Due June 15 - U.S. May Industrial Production - Improvement in trend to continue

June 5, 2026 3:00 PM UTC

We expect a 0.4% increase in April industrial production with a 0.3% increase in manufacturing, the latter seeing a fifth straight gain to confirm a positive trend.

Chart AUD/USD Update: Under pressure

June 5, 2026 2:09 PM UTC

Choppy trade has given way to fresh losses

Canada May Employment - Recent weakness largely erased, wages correct lower

June 5, 2026 2:05 PM UTC

Canada’s May employment report keeps the series volatile, with a strong 87.8k bounce reducing unemployment to a four month low of 6.6%, from April’s 6-month high of 6.9%. This should ease any Bank of Canada worries over the weak Q1 GDP data which saw a second straight, if marginal, decline. The

Chart USD/JPY Update: Choppy around 160.00 - studies improving

June 5, 2026 1:53 PM UTC

Still little change, as prices extend cautious/choppy trade around congestion resistance at 160.00

EUR/USD, AUD/USD flows: Toying with breaks

June 5, 2026 1:46 PM UTC

Pairs toying with some big figure range floor breaks again, as week comes to a close
Iran always the wild card, but may have better chance of sticking this time

Inflation Increased to 32.6% y/y in May due to Surges in Energy Prices

June 5, 2026 1:26 PM UTC

Bottom line: Turkish Statistical Institute (TUIK) announced May inflation figures on June 5. After hitting 32.4% annually in April, Turkiye’s inflation surged to 32.6% in May due to rising housing, water, electricity, gas and other fuel costs. We now assess Central Bank of Turkiye (CBRT) will

U.S. May Employment - Charts and table

June 5, 2026 1:23 PM UTC

Payroll remains firm, with the gains led by local government, leisure/hospitality and health.