North American Summary and Highlights 17 Oct

October 17, 2025 7:45 PM UTC

Overview - Comments from Trump eased worries over US-China trade risks, lifting risk appetite. 

Chart USD/CAD Update: Consolidating

October 17, 2025 3:36 PM UTC

Little change, as prices extend consolidation beneath resistance at the 1.4080 high of 14 October

FX Weekly Strategy: Oct 20th-24th

October 17, 2025 3:04 PM UTC

USD risks on CPI to the upside
CAD could drift lower on as expected CPI data
JPY has upside potential but politics remains a wild card
Limited scope for EUR movement but CHF looks very expensive

Chart AUD/USD Update: Under pressure

October 17, 2025 1:47 PM UTC

Consolidation around 0.6500 as given way to a drift lower

Chart USD/JPY Update: Sharp bounce - studies under pressure

October 17, 2025 1:25 PM UTC

The anticipated break below 150.00 has met buying interest around 149.35

U.S. Trump - 100% tariffs on China not sustainable

October 17, 2025 12:34 PM UTC

Trump seems to be backing off his threatened tariffs on China, perhaps influenced by equity weakness.

Chart EUR/CAD Update: Fresh year high

October 17, 2025 11:17 AM UTC

The break above 1.6400 has posted a fresh year high around 1.6465

This week's five highlights

October 17, 2025 11:00 AM UTC

U.S-China Trade Tensions May Escalate Further Before Eventually Fading
This Week's Fed Speaker
Japan Political Turbulence Strengthen
First Phrase of India–US Trade Negotiations
UK GDP Moving Sideways At Best

Psychology for major markets Oct 17

October 17, 2025 10:17 AM UTC

USD softer against safe havens on US bank concerns

FX Daily Strategy: N America, Oct 17

October 17, 2025 9:00 AM UTC

EUR recovery unlikely to extend
JPY weakness has scope to reverse as Japanese political uncertainty is resolved
EUR/GBP to hold close to 0.87
EUR/CHF ought to recover back above 0.93

Chart USD/CHF Update: Lower in both USD- and CHF-driven trade

October 17, 2025 8:30 AM UTC

Anticipated losses have reached congestion support at 0.7900 in both USD- and CHF-driven trade

Chart USD Index DXY Update: Leaning lower

October 17, 2025 8:17 AM UTC

Steady losses are meeting support just above congestion around 98.00

Chart EUR/USD Update: Daily studies improving

October 17, 2025 7:46 AM UTC

Cautious trade has given way to fresh tests higher

Chart GBP/USD Update: Pushing higher

October 17, 2025 7:35 AM UTC

Cautious trade has spiked to 1.3470~

USD, JPY, CHF flows: USD lower versus safe havens on risk negative trade

October 17, 2025 7:01 AM UTC

US banking concerns trigger USD declines, especially against safe havens. JPY has scope for further gains.

USD/JPY flows: More political turbulence

October 17, 2025 4:30 AM UTC

Japan LDP, opposition CDP, agree to hold vote to decide next prime minister on Oct 21

FX Daily Strategy: Europe, Oct 17

October 17, 2025 4:03 AM UTC

EUR recovery unlikely to extend
JPY weakness has scope to reverse as Japanese political uncertainty is resolved
EUR/GBP to hold close to 0.87
EUR/CHF ought to recover back above 0.93

AUD/USD flows: Sour sentiment

October 17, 2025 2:26 AM UTC

The broad risk sentiment is sour on Friday

Chart GBP/USD Update: Extending gains

October 17, 2025 1:41 AM UTC

Break above the 1.3400 congestion see prices extending gains from the 1.3248 Tuesday low

Chart EUR/USD Update: Extending corrective gains

October 17, 2025 1:22 AM UTC

Pressure remains on the upside as prices extend gains from the 1.1542 low to retrace losses from the 1.1918, September current year high

Chart USD/JPY Update: Extending losses

October 17, 2025 12:52 AM UTC

Break of the 151.10 and 150.92 support see prices extending losses to reach strong support at the 150.00 figure

Chart NZD/USD Update: Consolidating above .5700 level

October 17, 2025 12:33 AM UTC

Higher in consolidation above the .5700 level as prices unwind oversold daily studies to reach resistance at .5755