Americas Insights

September 03, 2025

FX Daily Strategy: Europe, Sep 3rd

September 3, 2025 4:32 AM 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

AUD/USD flows: Q2 GDP Beats

September 3, 2025 3:46 AM UTC

Australia Q2 GDP +0.6% q/q

Chart GBP/USD Update: Weighing on 1.3400/1.3370 support

September 3, 2025 2:10 AM UTC

Rejection from the 1.3550 high has seen sharp pullback to retest strong support at the 1.3400/1.3370 area

Chart EUR/USD Update: Turned down from the 1.1730/42, August highs

September 3, 2025 1:53 AM UTC

Failure to clear the August highs at 1.1730/42 has given way to pullback and further extend choppy trade within the 1.1700/1.1600 area

Chart USD/JPY Update: Pressuring 148.65/149.00 resistance

September 3, 2025 1:07 AM UTC

Break above 147.50 saw sharp gains to retest strong resistance at the 148.65/149.00 area

Chart NZD/USD Update: Under pressure from the .5900/15 resistance

September 3, 2025 12:51 AM UTC

Prices remains under pressure following rejection from test of the .5900 congestion

Chart AUD/USD Update: Leaning lower from the .6550/70 resistance

September 3, 2025 12:31 AM UTC

No follow-through on break of the .6500 level but unwinding overbought daily studies suggest room for deeper pullback from the .6550/75 resistance

September 02, 2025

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 USD/JPY Update: Smart bounce in both USD- and JPY-driven trade

September 2, 2025 12:58 PM UTC

Cautious trade above support at 147.00 has given way to a sharp bounce in both USD- and JPY-driven trade

Protests Return to Jakarta—No Threat to Regime, But Signal to Watch

September 2, 2025 12:41 PM UTC

Indonesia’s recent protests are not just about housing allowances—they reflect deeper disillusionment with elite politics. The government may contain unrest in the short term, but the structural issues driving dissent will persist. For businesses and investors, expect periodic social volatility,

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

EZ HICP Review: Headline Inflation Edges Higher as Services Fall to Fresh Cycle-low

September 2, 2025 9:34 AM UTC

As we repeated again, HICP inflation – even now a notch above target – is very much a side issue for the ECB at present, offset instead by moderate concerns whether the apparent resilience of the real economy may yet falter. This mindset will not have been altered by the flash HICP data for Au

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/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