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June 03, 2026

U.S. May ADP Employment - Trend picking up
Freemium Article

June 3, 2026 12:36 PM UTC

May’s ADP’s estimate of private sector employment of 122k is in line with market exactions if not quite as strong as weekly ADP data for the preceding week had been implying.  Still, it maintains a recent improvement in trend and like last week’s was, is the strongest increase since January 2

USD flows: No surprise from ADP
Paying Article

June 3, 2026 12:26 PM UTC

ADP leaves payrolls expectations intact
Still low volatility that belies the underlying market tension

Chart EUR/CAD Update: Range extension
Paying Article

June 3, 2026 12:02 PM UTC

Anticipated tests higher have proven short-lived, as overbought intraday studies unwind

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ECB Preview (Jun 11): Words Not Deeds the Focus
Paying Article

June 3, 2026 10:23 AM UTC

Aware of repeating ourselves (again), it is the case that the next ECB Council meeting will be more important for what is said than what is done.  In fact, a 25 bp official rate hike is virtually nailed on irrespective of how events in the Middle East may fare in coming days.  But the ECB comments

FX Daily Strategy: N America, June 3rd
Paying Article

June 3, 2026 9:55 AM UTC

U.S. Weekly ADP data remains firm
And Seasonal adjustments may provide a lift For ISM Service
DXY Choppy in range

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Mexico Country Risk Rating
Paying Article

June 3, 2026 9:10 AM UTC

Mexico’s overall risk is medium-high.

USD/JPY, EUR, GBP flows: noise off 160 through BoJ Ueda speech
Paying Article

June 3, 2026 8:51 AM UTC

Nervy USD/JPY positional noise below 160 through BoJ's Ueda speech

Psychology for major markets June 3
Paying Article

June 3, 2026 8:29 AM UTC

Crossfire Continues

Chart USD/CHF Update: Approaching strong resistance
Paying Article

June 3, 2026 8:22 AM UTC

Cautious trade around 0.7850 has given way to a push higher

Chart USD Index DXY Update: Edging higher in range
Paying Article

June 3, 2026 8:12 AM UTC

Little change, as prices extend cautious trade within the 99.00 - 99.50 range

Chart EUR/USD Update: Leaning lower in range
Paying Article

June 3, 2026 7:45 AM UTC

Consolidation beneath resistance at 1.1655 is giving way to a fresh drift lower

Chart GBP/USD Update: Consolidating
Freemium Article

June 3, 2026 7:39 AM UTC

Little change, as prices extend cautious trade around support at 1.3450

USD flows: Disquiet as fractious standoff continues
Paying Article

June 3, 2026 6:44 AM UTC

Oil creeping back higher as flare ups continue and talks remain apparently stalled
Dollar back to a slight bid albeit still within recent frozen uncertain ranges

USD/JPY flows: Supplementary Budget Approved
Paying Article

June 3, 2026 4:54 AM UTC

Japan approves $19bn supplementary budget

FX Daily Strategy: Europe, June 3rd
Paying Article

June 3, 2026 4:43 AM UTC

U.S. Weekly ADP data remains firm
And Seasonal adjustments may provide a lift For ISM Service
DXY Choppy in range

AUD/USD flows: Q1 GDP Miss
Paying Article

June 3, 2026 3:21 AM UTC

Australian Q1 GDP Miss

Chart GBP/USD Update: Extend consolidation within 1.3500/1.3400
Freemium Article

June 3, 2026 1:22 AM UTC

Back in consolidation within the 1.3500/1.3400 area following bounce from the 1.3367 low last week

Chart EUR/USD Update: Leaning lower in consolidation
Paying Article

June 3, 2026 1:13 AM UTC

Leaning lower in consolidation following rejection from resistance at the 1.1655/80, 30 April low and 200-day MA

Chart USD/JPY Update: Up to tag 160.00 figure
Paying Article

June 3, 2026 12:47 AM UTC

Extending gains to reach the 160.00 figure where reaction can be expected

Chart NZD/USD Update: Consolidating above .5900
Paying Article

June 3, 2026 12:33 AM UTC

Steady in consolidation above support at the .5900 level but a deeper pullback to retrace gains from .5815 low cannot be ruled out

Chart AUD/USD Update: Extend consolidation below .7200
Paying Article

June 3, 2026 12:15 AM UTC

Little change, as prices extend consolidation within a narrow range below the .7200 level

June 02, 2026

North American Summary and Highlights 2 June
Freemium Article

June 2, 2026 7:48 PM UTC

Overview - The USD was mostly firmer but came off its highs as USD/JPY failed to break 160. 

Preview: Due June 11 - U.S. May PPI - Strong if less so than in April
Paying Article

June 2, 2026 4:37 PM UTC

We expect PPI to rise by 0.8% overall in May, strong if slower than April’s 1.4% surge, with a 0.4% rise ex food and energy, significantly slower than a 1.0% increase in April. Ex food, energy and trade however we expect only a modest slowing, to 0.5% in May from 0.6% in April. 

Chart USD/CAD Update: Leaning lower in range
Freemium Article

June 2, 2026 4:21 PM UTC

Consolidation around resistance at 1.3840 is giving way to a minor pullback

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Argentina Country Risk Rating
Paying Article

June 2, 2026 3:46 PM UTC

Argentina’s overall risk remains medium high.