USD, GBP flows: USD firmer, GBP risks on the downside

January 5, 2026 7:42 AM UTC

USD firmer on Venezuela. ISM the main data. GBP firm but risks on the downside.

USD/JPY flows: Heading North Again

January 5, 2026 3:57 AM UTC

The opening gap did not last

EUR, USD, JPY, GBP, AUD, CAD flows: Early risk positive tone, JPY remains soft

January 2, 2026 7:51 AM UTC

Likely to be a quiet Friday with holidays extended. Mild risk positive tone with JPY still weak

USD/JPY flows: Stay Solid

January 2, 2026 2:19 AM UTC

USD/JPY points north
TACO on Italian Pasta from Trump

USD, USD/CNY flows: China Only Modest Fiscal Stimulus

December 31, 2025 3:30 PM UTC

With little news flow, traders did notice China announcement today of Yuan62.5bln for consumer trade in programs, as part of a wider initial Yuan300bln fiscal stimulus package for 2026.  

EUR/USD, USD/JPY flows: Initial Claims Drop, But

December 31, 2025 1:39 PM UTC

USD helped by lower than expected weekly jobless claims, with the clearest reaction on USD/JPY. 

EUR/USD, USD/JPY flows: Market Expects Slower 2026 USD Decline

December 31, 2025 10:05 AM UTC

Traders views for 2026 are biased towards further USD losses, but at a smaller scale than 2025.  

EUR/USD, USD/JPY flows: USD Consolidating in Europe

December 31, 2025 8:08 AM UTC

European trading is seeing the USD move sideways, with the FOMC minutes having failed to provide direction. 

EUR/USD, USD/JPY flows: Dec FOMC Minutes Fail to Provide Direction

December 30, 2025 7:40 PM UTC

The USD saw little reaction on the December FOMC minutes.

EUR/USD, USD/JPY flows: Trump and Ukraine/Taiwan

December 30, 2025 12:45 PM UTC

President Donald Trump comments yesterday are attracting some attention.

USD DXY and Gold flows: Gold Temporary Correction or More?

December 30, 2025 10:40 AM UTC

Gold and Silver made modest gains after the Dec 29 sharp selloff, which traders feel was profit-taking by spec longs. 

EUR/USD, USD/JPY flows: Dec FOMC Minutes in Focus

December 30, 2025 8:30 AM UTC

USD is trading sideways, with the December FOMC minutes in focus.  

USD Index flows: Fed Q1 Pause and AI & Equities

December 23, 2025 2:21 PM UTC

USD continues to be firm in NY, especially against the JPY.  

USD/JPY, EUR/USD flows: USD up on Good GDP Data

December 23, 2025 1:40 PM UTC

Initial reaction has been a higher USD on the better than expected Q3 U.S. GDP data.  

USD/JPY, EUR/USD flows: Bessent FOMC Changes

December 23, 2025 11:55 AM UTC

Bessent has suggested some changes to the FOMC.   

USD/JPY, EUR/USD flows: Focus on the JPY

December 23, 2025 8:20 AM UTC

European trading is seeing a focus on the JPY.  

USD/JPY flows: JPY Rebound in 2026?

December 22, 2025 6:55 PM UTC

USD/JPY has scope to 140 by end 2026. 

USD/JPY flows: Intervention Talk

December 22, 2025 8:23 AM UTC

USD/JPY is the focus in the holiday week. 

GBP, JPY flows: GBP little changed after retail sales, JPY weak

December 19, 2025 7:48 AM UTC

UK retail sales flattish in November, much as expected. GBP little changed. JPY weak despite higher JPY yields

USD/JPY flows: BoJ Hike by 25bps As Expected

December 19, 2025 5:45 AM UTC

BoJ Hike by 25bps As Expected

USD flows: USD slips on weaker CPI

December 18, 2025 1:56 PM UTC

Weaker than expected US October/November CPI triggers USD sell off

JPY flows: New all time high in EUR/JPY

December 18, 2025 7:54 AM UTC

JPY weakness extends with little rationale

USD flows: Little changed after mixed employment report

December 16, 2025 1:53 PM UTC

USD little changed after US employment data shows slightly stronger private payroll growth but higher unemployment and weaker average earnings. 

USD/JPY flows: JPY Gains On Risk Adversal

December 16, 2025 3:13 AM UTC

Broad weakness in the equity space

JPY flows: Another new high in EUR/JPY - looks unsustainable

December 12, 2025 10:33 AM UTC

EUR/JPY hits another new high as S&P 500 also hits new high.

USD/JPY flows: Trump Beating the War Drum

December 12, 2025 1:20 AM UTC

Trump on Venezuela: It's going to be starting on land pretty soon

USD flows: USD lower after claims

December 11, 2025 2:15 PM UTC

USD slips lower after initial claims rise

USD, EUR, JPY, AUD flows: USD slightly lower post-FOMC

December 11, 2025 7:57 AM UTC

USD slips lower post-FOMC. Scope for modest JPY recovery on crosses

NOK, SEK, JPY flows: SEK still firm after GDP decline, JPY weakness continues

December 10, 2025 7:51 AM UTC

SEK still strong despite drop in October GDP. JPY weakness continues, intervention likely necessary soon.

USD/JPY flows: Takaichi Triggered a Wave of JPY Bids

December 10, 2025 4:24 AM UTC

Japan PM Takaichi asked about rising yields, says closely watching market moves
Zelensky signals Ukaine's answer to Trumps peace plan will come Wednesday

JPY, GBP flows: JPY under pressure, GBP/JPY to 17 year highs

December 9, 2025 8:16 AM UTC

JPY under pressure, risks of intervention rising, GBP/JPY hits new 17 year high.

USD/JPY flows: Tariff man Back in Action

December 9, 2025 2:50 AM UTC

Trump threatens Mexico tariffs due water treaty violations

USD, EUR, JPY, AUD, CAD flows: Fairly neutral picture ahead of central bank meetings

December 8, 2025 8:06 AM UTC

German production data recovers but trend remains weak. USD steady awaiting FOMC

USD/JPY flows: Japan Q3 GDP revised lower

December 8, 2025 1:09 AM UTC

Japan Q3 annualized GDP revised lower to -2.3% 

USD flows: USD edges up on slighty better UoM survey

December 5, 2025 3:14 PM UTC

UoM confidence a little stronger than expected in December, but still at very low levels

EUR flows: German orders and French output data EUR supportive, but...

December 5, 2025 7:57 AM UTC

EUR firm in early trade after better German and French data, but underlying picture suggests downside risks on the crosses