View:
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
FOMC Minutes Preview: Likely to be hawkish, but October decision still data-dependent
September 28, 2026 4:37 PM UTC
The public comments of Fed speakers since the September 16 meeting delivered a unanimous vote to tighten suggest that the minutes of that meeting, due on October 7, will have a hawkish tone. Recent hawkish Fed talk reduces the risk that the proximity of the midterm elections will prevent a tightenin
FOMC Minutes Preview: Likely to be hawkish, but October decision still data-dependent
September 28, 2026 4:36 PM UTC
The public comments of Fed speakers since the September 16 meeting delivered a unanimous vote to tighten suggest that the minutes of that meeting, due on October 7, will have a hawkish tone. Recent hawkish Fed talk reduces the risk that the proximity of the midterm elections will prevent a tightenin
USD/CHF, EUR/GBP, AUD/USD - Counter specific issues to the fore
September 28, 2026 2:22 PM UTC
CHF remains pressured on its unicorn policy stance
EUR/GBP sold back after failed resistance test, mkt very short GBP
AUD eyes RBA, with a hike fully priced in and so attention on any forward guidance from here. A tricky balancing act ...
Europe Summary and Highlights 28 Sep
September 28, 2026 10:09 AM UTC
Japan verbals, warning mkt to take yen view at face value, knocks USD/JPY back again
CHF remains on a weakening track on the back of uniquely low rates
EUR/GBP rejects resistance test again, market has got stretched short GBP
Oil back to nearer $110 than $100 as Trump rejects deal
FX Weekly Strategy: N America, Sep 28 - Oct 2
September 28, 2026 9:19 AM 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