North American Summary and Highlights 17 June

June 16, 2026 7:18 PM UTC

Overview - Tuesday FX trade was generally subdued with markets awaiting Wednesday’s FOMC decision. 

Chart USD/CAD Update: Balanced in strong resistance - background studies rising

June 16, 2026 3:51 PM UTC

Still little change, as prices extend cautious trade within the 1.3985 - 1.4025 strong resistance

North American Summary and Highlights 15 June

June 15, 2026 7:26 PM UTC

Overview - The USD saw some correction from its initial losses seen on the US-Iran peace deal. 

Chart USD/CAD Update: Consolidating - background studies rising

June 15, 2026 3:53 PM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation beneath strong resistance within the 1.3985 - 1.4000 range

U.S. May Industrial Production - Pause in a positive trend

June 15, 2026 1:30 PM UTC

May industrial production with a 0.1% increase and manufacturing unchanged was on the weak side of expectations. Near term revisions were positive but revisions further back were negative. Capacity utilization at 76.2% was as expected and the highest since July 2025.

Chart GBP/USD Update: Immediate gains to remain limited

June 15, 2026 7:34 AM UTC

Choppy trade around congestion support at 1.3400 has given way to a push higher to resistance at 1.3450

North American Summary and Highlights 12 June

June 12, 2026 7:55 PM UTC

Overview - FX trade was cautious with traders uncertain whether a Middle East peace deal would be reached over the weekend. 

Chart USD/CAD Update: Balanced beneath fresh year high

June 12, 2026 3:52 PM UTC

The anticipated test above strong resistance within the 1.3985 - 1.4000 range has posted a fresh year high around 1.4023

Chart GBP/USD Update: Choppy in range

June 12, 2026 7:31 AM UTC

The anticipated break back above congestion resistance at 1.3400 has been pushed back from 1.3430

Chart GBP/USD Update: Higher in consolidation from 1.3300 support

June 12, 2026 2:10 AM UTC

Higher in consolidation from the 1.3300 support and break above the 1.3400 resistance opening up room for extension to 1.3450 congestion

North American Summary and Highlights 11 June

June 11, 2026 8:00 PM UTC

Overview - The USD ended softer after Trump cancelled threatened attacks on Iran and suggested a peace deal was close.  

Chart USD/CAD Update: Fresh year highs in CAD-driven trade

June 11, 2026 3:53 PM UTC

Cautious trade above 1.3930 has posted fresh year highs in CAD-driven trade

Chart GBP/USD Update: Range trade

June 11, 2026 7:40 AM UTC

The anticipated test above congestion resistance at 1.3400 has been pushed back from 1.3425

Chart GBP/USD Update: Higher in consolidation from 1.3300 support

June 11, 2026 1:56 AM UTC

Higher in consolidation following bounce above the 1.3300 support to retest resistance at 1.3400 congestion