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IMM Commitment of Traders Reports - sterling got thematically oversold
September 28, 2026 9:07 AM UTC
Dollar longs bounce back and now fairly broad
Most dollar pairs moderate however rather than extreme
Sterling the exception, became the most popular "obvious short" last week amid CB moves
Potentially stretched now into cable support, BoE shifting Nov odds. EUR/GBP also again rejecting resistance test,
FX Weekly Strategy: Asia, Sep 28 - Oct 2
September 25, 2026 3:17 PM UTC
High profile US data, but would need something big to impact now after recent steep mkt adjustment
Dollar retains bullish posture overall, but a overstretched and consolidating/correcting steep run to levels on most pairs
Japan rolls out the verbals; BoE comments hint at dab in November
Round of CB mee
FX Weekly Strategy: Asia, Sep 14-18
September 11, 2026 5:21 PM UTC
A week of 2 key central bank meetings..
We expect a 25bp Fed hike but perhaps a "dovish hike". Could temper dollar given a lot priced in further out
BoJ also seen going 25bp. A heavy USD/JPY needs validation on shift to quarterly pace however to extend - else to re-test persistence of supply
CHF still
U.S. Equity-Treasury Strains and Correction Risk
September 9, 2026 8:00 AM UTC
· Equity investors have taken note of higher U.S. Treasury yields, but the influence of the AI boom and corporate earnings is greater. Nevertheless, the U.S. equity market valuation means that it is stretched currently versus the U.S. Treasury market and could be hurt by moderate bad
FX Weekly Strategy: Asia, Sep 7-11
September 4, 2026 2:47 PM UTC
US CPI a key focal point. We see upside risks at 0.3% core
ECB hike fully priced in; attention turns to forecasts and commentary on policy stance
Sharp USD/JPY lurch down may have left behind better supply into bounces, further downside risks ahead
BoE seen back of the tightening pack, sterling could s
Barbarous Relic or Strategic Hedge - Gold in a late-cycle portfolio
September 1, 2026 7:00 AM UTC
* Gold worked off early year retail excess, moving into a more constructive technical and seasonal period
* The strategic case for gold is much wider: rich risk asset valuations can neither be sat out nor left unhedged
* History (no guarantee of future performance…) supports increased gold hedges in
EUR/USD, DXY flows: Dollar on the MOVE; shifting EUR/CHF mood
October 1, 2026 11:10 AM UTC
Surge in MOVE has been upping the volatility backdrop and helping drive the dollar firmer in the current over-extended action
Yield jump and higher vol tending to squeeze some popular carries recent days, USD/MXN especially
EUR/CHF runs out of gas against this backdrop, potentially correcting
Bond acti
Could blow out in French spreads, CDS, catch up with the euro? (EUR/GBP flows)
October 1, 2026 9:00 AM UTC
Recent action in OAT-bund spreads continues to extend, yet to fully come onto the FX mkt radar
EUR-GBP CDS spread widening the fastest since 2017
EUR/GBP could extend the resistance test failure to range lows if relative risk re-pricing starts to impact narrative, sentiment
EUR/USD, USD/JPY, USD/CHF flows - Yen dips after period end, pulls to expiries
October 1, 2026 6:59 AM UTC
USD/JPY bounces after period end weight, and key expiries again proving magnetic (158-158.25 today)
USD/CHF still trending to 0.84 resistance, CPI tame
ISM the main interest later today ahead of payrolls
Preview: Due October 12 - U.S. September Existing Home Sales - Marginal correction higher, but trend is falling
September 30, 2026 7:27 PM UTC
We see scope for a marginal upward correction in September existing home sales, by 0.5% to 4.00m after three straight declines. However rising mortgage rates and Fed tightening are likely to bring renewed slippage in Q4.