View:

July 25, 2025

Chart USD/CAD Update: Room for higher
Freemium Article

July 25, 2025 3:55 PM UTC

The bounce from 1.3600 is testing levels just above congestion resistance at 1.3700

...
CBR Reduced its Key Rate to 18% as Inflation Softens
Freemium Article

July 25, 2025 11:41 AM UTC

Bottom Line: As we expected, Central Bank of Russia (CBR) reduced policy rate by 200 bps to 18% on July 25 taking into account that inflation slowed to 9.4% in June from 9.9% in May; MoM price growth marked the lowest hike after August 2024; and the inflation expectations declined to 13% in June fro

This week's five highlights
Freemium Article

July 25, 2025 10:00 AM UTC

Japan's LDP Likely Lose Control of the Japan Upper House
Mission Accomplished for Japan?
Trump Deals with Japan, Philippines and Indonesia
USD/JPY Consolidating
ECB Policy ‘On Hold’ Leaves Easing Door Open

Chart GBP/USD Update: Leaning lower
Freemium Article

July 25, 2025 7:39 AM UTC

The anticipated minor test above congestion resistance at 1.3600 has not been seen

Chart GBP/USD Update: Outside range weighs
Freemium Article

July 25, 2025 1:38 AM UTC

Met with selling pressure beneath the 1.3600 level with the resulting outside range threatening deeper pullback

July 24, 2025

Chart USD/CAD Update: Gains to remain limited
Freemium Article

July 24, 2025 3:53 PM UTC

Consolidation around congestion support at 1.3600 is giving way to a bounce

...
Easing Cycle Restarts: CBRT Reduced the Key Rate to 43% on July 24
Freemium Article

July 24, 2025 2:15 PM UTC

Bottom Line: As we expected, Central Bank of Republic of Turkiye (CBRT) reduced the policy rate by 300 bps to 43% during the MPC meeting on July 24 taking the deceleration trend in inflation and relative TRY stability in June into account.  CBRT highlighted in its written statement that the underly

Chart GBP/USD Update: Potential for a test above 1.3600
Freemium Article

July 24, 2025 7:32 AM UTC

Anticipated gains are meeting selling interest just beneath congestion resistance at 1.3600

Chart GBP/USD Update: Within reach of 1.3600/32 resistance
Freemium Article

July 24, 2025 1:35 AM UTC

Pressure remains firmly on the upside as prices extend gains from the 1.3370 support

July 23, 2025

Chart USD/CAD Update: Limited downside tests
Freemium Article

July 23, 2025 3:51 PM UTC

The anticipated break below 1.3600 has bounced from 1.3575

...
Japan: Mission Accomplished?
Freemium Article

July 23, 2025 8:01 AM UTC

U.S.-Japan reached a trade deal with 15% reciprocal tariff

Chart GBP/USD Update: Limited gains
Freemium Article

July 23, 2025 7:34 AM UTC

The anticipated break above 1.3500 has reached 1.3545

Chart GBP/USD Update: Extending gains, room to 1.3600/32 resistance
Freemium Article

July 23, 2025 1:53 AM UTC

Consolidation below the 1.3500 level has given way to break to extend bounce from the 1.3370 low

July 22, 2025

Chart USD/CAD Update: Prices remain under pressure
Freemium Article

July 22, 2025 3:29 PM UTC

Cautious trade around 1.3700 has given way to the anticipated break lower

...
Eurozone Flash GDP Preview (Jul 30): A Pause that Does Not Refresh?
Freemium Article

July 22, 2025 9:13 AM UTC

For an economy that has seen repeated upside surprises and above trend growth of 1.5% in the year to Q1, GDP data do not seem to have had much impact is shaping, let alone dominating, ECB policy thinking. We think this will continue to be the case even where the looming Q2 data may show a modest con

Chart GBP/USD Update: Gains to remain limited - background under pressure
Freemium Article

July 22, 2025 7:26 AM UTC

Anticipated minor gains have reached congestion resistance at 1.3500

Chart GBP/USD Update: Extend bounce from 1.3370 support
Freemium Article

July 22, 2025 2:08 AM UTC

Bounce from the 1.3370 June low see prices unwinding the oversold intraday and daily studies

July 21, 2025

Chart USD/CAD Update: Leaning lower
Freemium Article

July 21, 2025 3:37 PM UTC

Consolidation around 1.3700 is giving way to the anticipated break

Chart GBP/USD Update: Cautious trade - background under pressure
Freemium Article

July 21, 2025 7:31 AM UTC

Anticipated minor gains have been pushed back from 1.3475

...
LDP Likely Lose Control of the Japan Upper House
Freemium Article

July 21, 2025 2:00 AM UTC

Early exit pools suggest the ruling LDP coalition will likely lose majority

Chart GBP/USD Update: Shallow bounce from 1.3370 support
Freemium Article

July 21, 2025 1:45 AM UTC

Turned up from retest of the 1.3370 June low as prices consolidate losses from the 1.3788 high

July 18, 2025

Chart USD/CAD Update: Potential for a test below 1.3700
Freemium Article

July 18, 2025 3:20 PM UTC

The anticipated test above 1.3750 has been pushed back from 1.3775

This week's five highlights
Freemium Article

July 18, 2025 10:00 AM UTC

Trump’s Tariffs and Markets
This Week's Fed Speakers
And Slate of U.S. Data Showing Limited Tariff pass-through 
China: GDP Resilient in Q2
UK Services Inflation Fails to Fall Further

...
Trump’s and Fed Easing
Freemium Article

July 18, 2025 9:34 AM UTC

•    Trump goal of substantially lower short-term rates could be achieved with a recession, but otherwise is unlikely even when Fed chair Powell is replaced.  The majority of voting FOMC members will make decisions based on economics not politics.  However, Trump fixation with lower rates an

Chart GBP/USD Update: Limited tests higher - background under pressure
Freemium Article

July 18, 2025 7:22 AM UTC

Choppy trade within support at the 1.3370 monthly low of 23 June and congestion around 1.3400 is giving way to a minor bounce