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June 10, 2026

North American Summary and Highlights 10 June
Freemium Article

June 10, 2026 7:56 PM UTC

Overview - The USD was slightly firmer with Middle East risk outweighing a softer than expected US core CPI.  

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FOMC Preview for June 17: Dropping the easing bias
Freemium Article

June 10, 2026 4:55 PM UTC

The FOMC meets on June 17 and while a change in the Fed Funds target range from the current 3.5-3.75% is unlikely, the statement is likely to drop the easing bias. The median dots are likely to get a little more hawkish with a hawkish skew in the detail, with inflation forecasts, even ex food and en

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Bank of Canada - On hold with balanced tone
Freemium Article

June 10, 2026 3:21 PM UTC

While recognizing that oil is around $10 per barrel higher than was assumed in its April Monetary Policy Report, the Bank of Canada left rates unchanged at 2.25% with a balanced tone to the statement. As long as core inflation does not start showing feed through from energy the BoC looks likely to a

Chart GBP/USD Update: Limited scope above 1.3400
Freemium Article

June 10, 2026 7:26 AM UTC

The test of congestion resistance at 1.3400 is giving way to anticipated consolidation

Chart GBP/USD Update: Extend bounce from 1.3300 support
Freemium Article

June 10, 2026 1:59 AM UTC

Extending bounce from above the 1.3300 support to reach resistance at 1.3400 congestion

June 09, 2026

North American Summary and Highlights 9 June
Freemium Article

June 9, 2026 7:41 PM UTC

Overview - The USD corrected early losses after Trump stated Iran had downed a US helicopter. 

Chart USD/CAD Update: Pressuring strong resistance at 1.3965/85
Freemium Article

June 9, 2026 4:17 PM UTC

Little change, as prices extend cautious trade beneath strong resistance at the 1.3965 current year high of 31 May

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Norges Bank Preview (Jun 18): Forecast Update the Key
Freemium Article

June 9, 2026 2:32 PM UTC

It may not have been a close call, but amid what were divided market expectations, the Norges Bank hiked afresh last month by 25 bp (to 4.25%), the first such move in two years.  Admittedly, it had given a clear pointer in March of at least one rate hike probable in subsequent next couple of months

Chart GBP/USD Update: Limited tests higher
Freemium Article

June 9, 2026 7:44 AM UTC

Sharp selling interest has all-but reached congestion support at 1.3300

Chart GBP/USD Update: Consolidating above 1.3300
Freemium Article

June 9, 2026 1:43 AM UTC

Steadied at 1.3305 low as prices consolidate losses from resistance at the 1.3485/1.3500 area

June 08, 2026

North American Summary and Highlights 8 June
Freemium Article

June 8, 2026 7:40 PM UTC

Overview - The USD came off its highs with oil, but remained mostly firm. 

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Preview: Due June 17 - U.S. May Retail Sales - Consumers vulnerable to a pull back
Freemium Article

June 8, 2026 1:28 PM UTC

 We expect May retail sales to increase by 0.3% both overall and ex autos, but with a 0.1% decline ex autos and gasoline, which would suggest that consumers are starting to pull back as elevated gasoline prices increasingly weigh on real disposable income. 

Chart GBP/USD Update: Consolidating above 1.3300
Freemium Article

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

June 05, 2026

North American Summary and Highlights 5 June
Freemium Article

June 5, 2026 7:33 PM UTC

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

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

June 5, 2026 3:48 PM UTC

Choppy trade around 1.3900 has given way to fresh gains

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

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

This week's five highlights
Freemium Article

June 5, 2026 11:00 AM UTC

Geopolitical Tension Persists
U.S. May Non-Farm Payrolls still healthy
This Week's Fed Speakers
EZ Headline HICP Rise Capped by Food & Energy
More Controlled Yuan Appreciation

Chart GBP/USD Update: Consolidating
Freemium Article

June 5, 2026 7:31 AM UTC

Little change, as prices extend cautious trade within the 1.3400 - 1.3450 range

Chart GBP/USD Update: Range-bound, but still heavy
Freemium Article

June 5, 2026 1:59 AM UTC

Range-bound in consolidation above the 1.3400 support but pressure remains on the downside

June 04, 2026

North American Summary and Highlights 4 June
Freemium Article

June 4, 2026 7:47 PM UTC

Overview - The USD slipped in Europe but retraced most of its losses in North America. 

Chart USD/CAD Update: Extending May gains in CAD-driven trade
Freemium Article

June 4, 2026 3:50 PM UTC

The anticipated test of congestion resistance at 1.3900 has reached 1.3925

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Preview: Due June 5 - U.S. May Employment (Non-Farm Payrolls) - Slightly slower but still healthy
Freemium Article

June 4, 2026 1:26 PM UTC

We expect May’s non-farm payroll to rise by 85k overall and by 90k in the private sector, less strong than in March and April but still showing a healthy labor market given a lack of growth in the labor force, leaving unemployment at 4.3% for a third straight month. We expect a 0.3% rise in in ave

Chart GBP/USD Update: Leaning lower
Freemium Article

June 4, 2026 7:30 AM UTC

Cautious trade has given way to the anticipated break below 1.3450

Chart GBP/USD Update: Lower in consolidation
Freemium Article

June 4, 2026 1:54 AM UTC

Lower in consolidation within the 1.3500/1.3400 area following rejection from the 1.3500/1.3485 highs

June 03, 2026

North American Summary and Highlights 3 June
Freemium Article

June 3, 2026 7:47 PM UTC

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

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