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North American Summary and Highlights 22 May
Freemium Article

May 22, 2026 7:47 PM UTC

Overview - The USD was supported by comments from Fed’s Waller and higher Michigan CSI inflation expectations but ended little changed. 

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Europe: Anti-Immigration Vs More Negative Demographics
Freemium Article

May 22, 2026 8:12 AM UTC

 A significant demographic tremor is gaining speed and breadth - globally. Just as politics – certainly in the west - is framed around ending or at least reducing and controlling immigration, it seems that the populists at the helm of such thinking are not considering the ramifications of such a

FX Weekly Strategy: APAC, May 18th-22nd
Paying Article

May 15, 2026 4:32 PM UTC

Dollar squeeze could continue near-term
Popular trades forced into some profit-taking
Stretched risk trades face potential increased volatility

U.S. Fed's Collins - Expects restrictive policy for some time
Paying Article

May 13, 2026 3:57 PM UTC

Fed's Collins appears to be getting more hawkish as the energy shock persists.

Preview: Due June 9 - U.S. May Existing Home Sales - Some positive signals
Paying Article

June 3, 2026 4:37 PM UTC

We expect May existing home sales to increase by 2.0% to 4.10m, extending a marginal 0.2% increase in April but still not fully reversing March’s 2.9% decline. This would bring the first yr/yr increase since October 2025, by 1.5%, following a flat April.

Chart USD/CAD Update: Higher in CAD-driven trade
Freemium Article

June 3, 2026 3:52 PM UTC

Cautious trade has given way to a break higher in CAD-driven trade

FX Daily Strategy: APAC, Jun 4th
Paying Article

June 3, 2026 3:21 PM UTC

Tight ranges hold, though mood skewing more defensive
USD/JPY dancing on the edge of 160, bracing for a test above. Greater scope for intraday noise and spoofing
Swiss and Swedish CPI. Otherwise focus turning to US payrolls, mkt bias to upside

U.S. Fed's Williams - No obvious argument to change rates now
Paying Article

June 3, 2026 3:08 PM UTC

Fed's Williams' tone remains moderate, and his views on inflation will be shaped by a lot more than moves in oil.

U.S. May ISM Services - Economy remains resilient
Paying Article

June 3, 2026 2:18 PM UTC

May’s ISM services index of 54.5 is up from 53.6 in April and a 3-month high. While we suspect seasonal adjustments flattered the data it provides further evidence of US economic resilience in the face of the energy shock.

Chart AUD/USD Update: Lower in range
Paying Article

June 3, 2026 1:43 PM UTC

Cautious trade around resistance at 0.7200 has given way to a pullback

Chart EUR/JPY Update: Pullback from 186.00
Paying Article

June 3, 2026 1:30 PM UTC

The test above congestion resistance at 186.00 has met selling interest around 186.20

Chart USD/JPY Update: Room for a test above 160.00
Paying Article

June 3, 2026 1:16 PM UTC

The anticipated test of congestion resistance at 160.00 is giving way to consolidation

U.S. May ADP Employment - Trend picking up
Paying Article

June 3, 2026 12:36 PM UTC

May’s ADP’s estimate of private sector employment of 122k is in line with market exactions if not quite as strong as weekly ADP data for the preceding week had been implying.  Still, it maintains a recent improvement in trend and like last week’s was, is the strongest increase since January 2

USD flows: No surprise from ADP
Paying Article

June 3, 2026 12:26 PM UTC

ADP leaves payrolls expectations intact
Still low volatility that belies the underlying market tension

Chart USD/ZAR Update: Choppy trade - background studies remain under pressure
Paying Article

June 3, 2026 12:18 PM UTC

Little change, as prices extend cautious/choppy trade around congestion resistance at 16.2500

Chart EUR/CAD Update: Range extension
Paying Article

June 3, 2026 12:02 PM UTC

Anticipated tests higher have proven short-lived, as overbought intraday studies unwind

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ECB Preview (Jun 11): Words Not Deeds the Focus
Paying Article

June 3, 2026 10:23 AM UTC

Aware of repeating ourselves (again), it is the case that the next ECB Council meeting will be more important for what is said than what is done.  In fact, a 25 bp official rate hike is virtually nailed on irrespective of how events in the Middle East may fare in coming days.  But the ECB comments

Chart EUR/CHF Update: Pushing higher
Paying Article

June 3, 2026 10:20 AM UTC

Consolidation above congestion support at 0.9150 is giving way to anticipated gains

FX Daily Strategy: N America, June 3rd
Paying Article

June 3, 2026 9:55 AM UTC

U.S. Weekly ADP data remains firm
And Seasonal adjustments may provide a lift For ISM Service
DXY Choppy in range

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Mexico Country Risk Rating
Freemium Article

June 3, 2026 9:10 AM UTC

Mexico’s overall risk is medium-high.

Europe Summary and Highlights 3 Jun
Paying Article

June 3, 2026 9:09 AM UTC

USD/JPY whippy from 160 into BoJ Ueda speech
Otherwise, dollar has a haven lean as oil extends correction higher on Iran disquiet

USD/JPY, EUR, GBP flows: noise off 160 through BoJ Ueda speech
Paying Article

June 3, 2026 8:51 AM UTC

Nervy USD/JPY positional noise below 160 through BoJ's Ueda speech

Psychology for major markets June 3
Paying Article

June 3, 2026 8:29 AM UTC

Crossfire Continues

Chart USD/CHF Update: Approaching strong resistance
Paying Article

June 3, 2026 8:22 AM UTC

Cautious trade around 0.7850 has given way to a push higher

Chart USD Index DXY Update: Edging higher in range
Paying Article

June 3, 2026 8:12 AM UTC

Little change, as prices extend cautious trade within the 99.00 - 99.50 range