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FX Daily Strategy: Asia, Oct 22
October 21, 2026 2:35 PM UTC
Positioning and oversold conditions obstructing euro follow through traction; downside focus switching to options protection
AUD lifted by short-covering and momentum swing towards a Nov hike pricing
Focus remains news driven rather than calendar-centric
AI and The U.S. Economy
October 9, 2026 8:15 AM UTC
· The AI boom is boosting the U.S. economy through three channels (semiconductor and other product enablers for AI; the data center construction boom and wealth effects boosting consumption for rich households). If AI labs revenue growth remains fast then the boom can continue through
Preview: Due October 15 - U.S. September PPI - Inflationary pressure still significant
October 1, 2026 4:52 PM UTC
We expect September PPI to increase by 0.6% overall led by energy with 0.3% gains in both core rates, ex food and energy and ex food, energy and trade. This will suggest inflationary pressures remain elevated, with little sign of slowing at the producer level.
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
Preview: Due October 29 - U.S. Q3 GDP - Stronger growth, slower inflation
October 21, 2026 4:03 PM UTC
We expect a Q3 GDP increase of 2.8% annualized, a modest acceleration from the two preceding quarters to a 4-quarter high. We expect a 2.4% increase in core PCE prices, still above target but the slowest since a matching Q3 2024.
Preview: Due October 29 - U.S. Q3 GDP - Stronger growth, slower inflation
October 21, 2026 4:03 PM UTC
We expect a Q3 GDP increase of 2.8% annualized, a modest acceleration from the two preceding quarters to a 4-quarter high. We expect a 2.4% increase in core PCE prices, still above target but the slowest since a matching Q3 2024.
Bank of Canada Preview for October 28: Steady, December tightening not a done deal
October 21, 2026 2:04 PM UTC
The Bank of Canada meets on October 28 and recent soft employment and core inflation data suggest rates will be left unchanged at 2.25%. The BoC is still likely to express more concern about upside than downside risks, but may sound a little more balanced than was the case at the last meeting on Sep
Bank of Canada Preview for October 28: Steady, December tightening not a done deal
October 21, 2026 2:04 PM UTC
The Bank of Canada meets on October 28 and recent soft employment and core inflation data suggest rates will be left unchanged at 2.25%. The BoC is still likely to express more concern about upside than downside risks, but may sound a little more balanced than was the case at the last meeting on Sep
Strains bring financial conditions into the eurozone mix
October 21, 2026 9:06 AM UTC
* French stress and ECB Lagarde comments switch focus to the tightening in financial conditions
*Past studies show material impact from significant episodes...
* ...with possible implications for core bond demand, ECB pricing and the wider appetite for risk across FX and markets.