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Chart EUR/USD Update: Drifting lower
Paying Article

November 19, 2025 8:42 AM UTC

The anticipated break below 1.1600 has reached 1.1570~

Chart EUR/CHF Update: Limited CHF-driven gains
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November 18, 2025 11:22 AM UTC

Consolidation is giving way to the anticipated move higher in CHF-driven trade

FX Daily Strategy: Europe, November 11th
Paying Article

November 11, 2025 4:42 AM UTC

GBP risks on the downside on labour market data
USD gains on hopes of end to shutdown seem unjustified
JPY remains under pressure but has scope for a rally
NFIB a focus

North American Summary and Highlights 10 Dec
Freemium Article

December 10, 2025 8:49 PM UTC

Overview - The USD slipped on an as expected FOMC easing and extended losses during Powell’s press conference. 

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Fed: Slower 2026 Easing
Paying Article

December 10, 2025 8:34 PM UTC

Powell in the press conference made clear that the Fed is now in a wait and see mood, with policy rates entering a broad measure of neutral policy rates. This means further weakening in labor demand and then consumption would be required to prompt an early 2026 cut.  We are less upbeat than the Fed

U.S. Fed's Powell - Thinks true payroll picture is marginally negative
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December 10, 2025 8:09 PM UTC

Fed's Powell suggests recent payroll data is overstated. The Fed's latest Beige Book saw employment as declining slightly, 

U.S. Fed's Powell - Rates now in plausible range of neutral
Paying Article

December 10, 2025 7:52 PM UTC

Fed's Powell seeing rates as within the neutral range suggests limited urgency to ease again. 

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FOMC eases by 25bps, dots unchanged from September
Paying Article

December 10, 2025 7:21 PM UTC

The FOMC has eased by 25bps as expected to a 3.50-3.75% Fed Funds target range, with two hawkish dissents for no change from Schmid (who dissented in October) and Goolsbee, while Miran again dissented for a steeper 50bps ease. The dots are unchanged from September, implying one 25bps ease in both 20

Chart USD/CAD Update: Balanced above 1.3800 - studies under pressure
Freemium Article

December 10, 2025 4:46 PM UTC

Little change, as mixed/negative intraday studies and rising oversold daily stochastics keep near-term sentiment cautious

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Bank of Canada - Rate Level Still Appropriate Despite Stronger Data
Freemium Article

December 10, 2025 4:21 PM UTC

Since the Bank of Canada eased rates to 2.25% in October and stated that policy was now at an appropriate level, Canada has delivered stronger than expected data on GDP and employment. The data has not been dismissed, but the BoC view that policy is at an appropriate level persists after today’s m

FX Daily Strategy: APAC, December 11th
Paying Article

December 10, 2025 4:09 PM UTC

AUD still likely to be well supported on soldi employment data
USD risks on claims mostly to the upside
BoJ needs to intervene to halt JPY weakness
EUR/CHF may settle into a range near term

Canada: BoC's Macklem - Stronger data noted but policy still seen at right level
Paying Article

December 10, 2025 3:08 PM UTC

In leaving rates unchanged the BoC did not dismiss recent stronger data but still sees policy at the appropriate level. 

CAD flows: CAD edges lower after neutral BoC statement
Paying Article

December 10, 2025 2:55 PM UTC

BoC leaves rates unchnaged but CAD a touch lower as CAD yields drop modestly

Chart AUD/USD Update: Cautious trade - studies rising
Paying Article

December 10, 2025 2:42 PM UTC

Still little change

Chart EUR/JPY Update: Balanced beneath fresh year highs - studies improving
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December 10, 2025 2:36 PM UTC

Little change, as unwinding overbought intraday studies prompt fresh consolidation beneath the fresh year high around 182.65

Chart USD/JPY Update: Short-term consolidation before higher
Paying Article

December 10, 2025 2:24 PM UTC

Anticipated gains have reached 157.00, where unwinding overbought intraday studies are prompting short-term reactions

Chartbook: Chart EUR/GBP: Corrective pullback/consolidation before higher
Paying Article

December 10, 2025 1:49 PM UTC

Anticipated gains have posted a fresh 2025 year high at 0.8865,
before turning lower in steady profit-taking to trade below 0.8800.
Weekly stochastics and the weekly Tension Indicator are under pressure, highlighting room for deeper losses into early 2026 Q1, with focus to turn to congestion around 0.

Preview: Due December 11 - U.S. September Trade Balance - Canadian data suggests a wider deficit
Paying Article

December 10, 2025 1:48 PM UTC

We expect a September trade deficit of $70.5bn, up sharply from August’s $59.6bn but still below July’s $78.2bn. We expect exports to fall by 0.5% after a 0.1% August increase while imports rise by 2.8% after a 5.1% July decline.  This could weigh on estimates for Q3 GDP, now due on December 23

U.S. Q3 Employment Cost Index - Slightly slower but still above pre-pandemic trend
Paying Article

December 10, 2025 1:42 PM UTC

The 0.8% increase in Q3’s Employment Cost index follows three straight gains of 0.9% so can be seen as a mild easing of inflationary pressures, though Q3 2024 also saw a rise of 0.8%. 

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

December 10, 2025 12:33 PM UTC

Little change, as unwinding oversold daily stochastics and the flat daily Tension Indicator extend cautious trade

Chart EUR/CAD Update: Consolidating - studies under pressure
Paying Article

December 10, 2025 11:59 AM UTC

Little change, as mixed/positive intraday studies keep near-term sentiment cautious

Chartbook: DAX Chart: Balanced at fresh highs - room for a corrective pullback before higher levels unfold
Paying Article

December 10, 2025 11:51 AM UTC

After posting fresh marginal contract highs at 24771, prices have bounced from congestion support at 23000 to trade around 24000

Chart EUR/CHF Update: Leaning lower
Paying Article

December 10, 2025 11:30 AM UTC

The anticipated test above resistance at 0.9400 has not been seen

Europe Summary and Highlights 10 December
Paying Article

December 10, 2025 11:23 AM UTC

There was little net change in most FX rates in the European morning.

Psychology for major markets Dec 10
Paying Article

December 10, 2025 11:19 AM UTC

EUR steady, JPY weak as FOMC awaited