Americas Insights

November 28, 2025

Chart USD/CAD Update: Under pressure, room to 1.4000/1.3970 support

November 28, 2025 7:47 AM UTC

Prices remain under pressure following break of the 1.4080 support to open up room for deeper pullback to 1.4000

EUR, AUD, JPY flows: Quiet markets but EUR may be vulnerable on the crosses

November 28, 2025 7:30 AM UTC

German retail sales a touch softer, some downside risks for the EUR on the crosses

Chart USD/CHF Update: Lower in consolidation from test of .8100 level

November 28, 2025 6:41 AM UTC

Settled back in consolidation from test of the upper .7900/.8100 range area

Chart USD Index DXY Update: Consolidating, but room for deeper pullback

November 28, 2025 5:15 AM UTC

Edged up from the 99.40 low as prices consolidate pullback from the 100.40 high of last week

AUD/USD flows: Chinese Vanke Delays Payment

November 28, 2025 4:33 AM UTC

S&P cut Vanke to CCC-, flags deepening distress

FX Daily Strategy: Europe, November 28th

November 28, 2025 4:22 AM UTC

EUR data likely to have minimal impact
Risk positive tone may fade, reducing USD and JPY weakness
AUD retains upside scope
GBP post-Budget strength looks flimsily based

Chart GBP/USD Update: Consolidating, room for higher later

November 28, 2025 1:42 AM UTC

Still shy of the 1.3300 level as prices consolidate bounce from the 1.3038 low of last week

Chart EUR/USD Update: Room to extend bounce from 1.1500 support

November 28, 2025 1:22 AM UTC

Struggling to regain the 1.1600 level following bounce from the 1.1500 support

USD/JPY flows: Tokyo Headline CPI 2.7% y/y

November 28, 2025 1:06 AM UTC

Tokyo CPI Headline 2.7% y/y for November

Chart USD/JPY Update: Consolidating above 156.00, room for lower later

November 28, 2025 12:30 AM UTC

No follow-through on break of the 156.00 level as prices consolidate pullback from the 157.90 high of last week

Chart AUD/USD Update: Poised for further gains

November 28, 2025 12:20 AM UTC

Break above resistance at the .6500/20 area seeing gains to approach the .6550 resistance and trendline from the September high

November 27, 2025

FX Daily Strategy: Asia, November 28th

November 27, 2025 10:00 PM UTC

EUR data likely to have minimal impact
Risk positive tone may fade, reducing USD and JPY weakness
AUD retains upside scope
GBP post-Budget strength looks flimsily based

Turkiye GDP Growth Preview: Economy will Expand by Around 4% in Q3

November 27, 2025 4:22 PM UTC

Bottom Line: Turkish Statistical Institute (TUIK) will announce Q3 GDP growth on December 1 and we expect that Turkish economy will expand around 4.0% YoY backed by investments, strong construction and industry activities in Q3. Of course, growth figure could hit below our expectations due to the we

FX Daily Strategy: APAC, November 28th

November 27, 2025 4:15 PM UTC

EUR data likely to have minimal impact
Risk positive tone may fade, reducing USD and JPY weakness
AUD retains upside scope
GBP post-Budget strength looks flimsily based

USMCA Renegotiation: Hostage To Trump

November 27, 2025 2:55 PM UTC

• Trump could decide to go on an early offensive over the July 2026 USMCA review or could wait until after the November congressional elections to act tough given it could cause new cost of living fears for U.S. voters. This could mean that at times the USMCA negotiations are upsetting fo

ECB: Financial Stability Review Less Complacent than Council?

November 27, 2025 1:36 PM UTC

The ECB is clearly split about whether policy has troughed or not, this mainly a result of differences within the Council as to where inflation risks lie. Regardless, as the account of the Oct 29-30 Council meeting chimed with comments from the meeting’s press conference, it does seem to us as i

Psychology for major markets Nov 27

November 27, 2025 11:15 AM UTC

Rising Fed easing hopes supporting riskier currencies and equities

FX Daily Strategy: N America, November 27th

November 27, 2025 9:55 AM UTC

EUR data likely to have minimal impact
Risk positive tone may fade, reducing USD and JPY weakness
AUD retains upside scope
GBP post-Budget strength looks flimsily based

Chart USD/CAD Update: Extending pullback from 1.4130/40 highs

November 27, 2025 8:14 AM UTC

Consolidation at the 1.4100 level has given way to break of the 1.4080 support to open up room for deeper pullback

AUD, JPY, GBP flows: AUD and JPY look value based on yields, GBP gains on Budget unreliable

November 27, 2025 7:52 AM UTC

AUD and JPY represent value based on yield spreads. GBP gains on UK Budget reflect improved forecasts rather than positive measures

Chart USD/CHF Update: Settled back from test of .8100 level

November 27, 2025 7:10 AM UTC

Settled back from test of the .8100 level to keep prices confined within the broad .7900/.8100 range area

Chart USD Index DXY Update: Extending pullback from 100.40 high

November 27, 2025 6:39 AM UTC

Extending pullback from the 100.40 high with break of the 99.50 congestion opening up room for deeper pullback to support at the 99.00 congestion

AUD/USD flows: Regional sentiment upbeat

November 27, 2025 5:52 AM UTC

Regional sentiment upbeat

FX Daily Strategy: Europe, November 27th

November 27, 2025 5:13 AM UTC

EUR data likely to have minimal impact
Risk positive tone may fade, reducing USD and JPY weakness
AUD retains upside scope
GBP post-Budget strength looks flimsily based

USD/JPY flows: Consolidation continues

November 27, 2025 3:37 AM UTC

Reuters reports Japan to boost short-term JGB issuance by ¥7tn to fund stimulus
Trump urged Japan’s Takaichi to soften tone on Taiwan in private call