FX Daily Strategy: Asia, May 22nd

May 21, 2026 3:00 PM UTC

Japan National CPI Likely Shielded from Shock Now
And its impact on JPY Muted
DXY Remain Supported By Uncertainty

FX Daily Strategy: N America, May 21st

May 21, 2026 9:00 AM UTC

Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus 

Psychology for major markets May 21

May 21, 2026 8:57 AM UTC

Pakistan army chief's reported visit to Iran stirs up murmurs about an agreement

FX Daily Strategy: Europe, May 21st

May 21, 2026 4:21 AM UTC

Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus 

FX Daily Strategy: Asia, May 21st

May 20, 2026 9:00 PM UTC

Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus 

FX Daily Strategy: APAC, May 21st

May 20, 2026 3:04 PM UTC

Eying risk and bonds out of Nvidia, auction and Minutes
Big picture, have some seen re-pricings within established ranges (EUR/USD 1.15-1.20 give or take)
Need to see more decisive developments on Iran and/or asset volatility to be making new strides
Global PMI data in focus 

Psychology for major markets May 20

May 20, 2026 9:36 AM UTC

No Geopolitical Break/Through

FX Daily Strategy: N America, May 20th

May 20, 2026 9:06 AM UTC

Geopolitics Continue to Drive DXY
JPY Risk Further Losses
UK CPI Sedate For Now 

FX Daily Strategy: Asia, May 20th

May 19, 2026 3:00 PM UTC

Geopolitics Continue to Drive DXY
JPY Risk Further Losses
UK CPI Sedate For Now 

FX Daily Strategy: N America, May 19th

May 19, 2026 9:14 AM UTC

Erratic Iran headlines continues, glass half full and empty reads
Stretched positioning still dominates, keeping dollar propped
Oil still sets the tone, but along with other areas of risk build up
UK labour market soft, favouring BoE caution; Burnham reassures
Canada CPI likewise seen implying little im

Psychology for major markets May 19

May 19, 2026 7:22 AM UTC

No Geopolitical Progress Kept Yields High

FX Daily Strategy: Europe, May 19th

May 19, 2026 4:06 AM UTC

Some better Iran headlines help mkt work off o/s moves, but not getting carried away
Bar clear positive news, stretched positioning still dominates providing capping
Oil still sets the tone, but along with other areas of risk build up
UK has labour market data, Canada CPI, neither seen implying pressur

FX Daily Strategy: Asia, May 19th

May 18, 2026 9:00 PM UTC

Some better Iran headlines help mkt work off o/s moves, but not getting carried away
Bar clear positive news, stretched positioning still dominates providing capping
Oil still sets the tone, but along with other areas of risk build up
UK has labour market data, Canada CPI, neither seen implying pressur

FX Daily Strategy: APAC, May 19th

May 18, 2026 3:29 PM UTC

Some better Iran headlines help mkt work off o/s moves, but not getting carried away
Bar clear positive news, stretched positioning still dominates providing capping
Oil still sets the tone, but along with other areas of risk build up
UK has labour market data, Canada CPI, neither seen implying pressur

FX Weekly Strategy: N America, May 18th-22nd

May 18, 2026 9:08 AM UTC

Breather on initial move but dollar squeeze could continue near-term
Popular trades forced into some profit-taking
Stretched risk trades face potential increased volatility

Psychology for major markets May 18

May 18, 2026 7:35 AM UTC

Government Yields Surge Stalled

FX Weekly Strategy: Asia, May 18th-22nd

May 15, 2026 9:00 PM UTC

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

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

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

FX Daily Strategy: N America, May 15th

May 15, 2026 10:25 AM UTC

Geopolitical Picture Determines DXY Direction
U.S. April Industrial Production Restoring an improvement in trend
USD/JPY Higher to approach 158.00 resistance

Psychology for major markets May 15

May 15, 2026 8:08 AM UTC

Nothing Much From Trump-Xi Meet

FX Daily Strategy: Asia, May 15th

May 14, 2026 3:00 PM UTC

Geopolitical Picture Determines DXY Direction
U.S. April Industrial Production Restoring an improvement in trend
USD/JPY Higher to approach 158.00 resistance

FX Daily Strategy: N America, May 14th

May 14, 2026 9:15 AM UTC

US retail sales to underscore comparative US resilience
Dollar juggles macro divergence meets reaction function divergence?
UK waits to see if PM challenge unfolds and how the machinations play out for likely winner

Psychology for major markets May 14

May 14, 2026 7:58 AM UTC

Quiet Thursday

FX Daily Strategy: Europe, May 14th

May 14, 2026 4:18 AM UTC

US retail sales to underscore comparative US resilience
Dollar juggles macro divergence meets reaction function divergence?
UK waits to see if PM challenge unfolds and how the machinations play out for likely winner

FX Daily Strategy: Asia, May 14th

May 13, 2026 9:00 PM UTC

US retail sales to underscore comparative US resilience
Dollar juggles macro divergence meets reaction function divergence?
UK waits to see if PM challenge unfolds and how the machinations play out for likely winner

FX Daily Strategy: APAC, May 14th

May 13, 2026 3:26 PM UTC

US retail sales to underscore comparative US resilience
Dollar juggles macro divergence meets reaction function divergence?
UK waits to see if PM challenge unfolds and how the machinations play out for likely winner

FX Daily Strategy: N America, May 13th

May 13, 2026 9:16 AM UTC

Australia Wage Growth Unlikely Trigger another RBA Hike
Aussie Still Supported above 0.7200
U.S. April PPI Core rates to pick up

Psychology for major markets May 13

May 13, 2026 7:20 AM UTC

No update from the geopolitical front

FX Daily Strategy: Asia, May 13th

May 12, 2026 3:00 PM UTC

Australia Wage Growth Unlikely Trigger another RBA Hike
Aussie Still Supported above 0.7200
U.S. April PPI Core rates to pick up

FX Daily Strategy: N America, May 12th

May 12, 2026 9:25 AM UTC

Volatility keeps compressing though maybe some tensions showing at the edges
No shift in ranges and trends yet, but if the fever breaks, USD and JPY correct
US CPI data to keep the Fed in defensive wait and see mode
GBP plays the 'political short' trade as gilts spike, though spec mkt was positioned
Foc

Psychology for major markets May 12

May 12, 2026 8:02 AM UTC

U.S. Treasury secretary Scott Bessent says U.S. and Japan both believe forex volatility is undesirable

FX Daily Strategy: Europe, May 12th

May 12, 2026 4:16 AM UTC

Volatility keeps compressing while the 'dash for compute' o/b rally and options arm wrestle goes on
No break in trend but if the fever breaks, USD and JPY correct
US CPI data to keep the Fed in defensive wait and see mode
Focus starts to turn to US-China meetings

FX Daily Strategy: Asia, May 12th

May 11, 2026 9:00 PM UTC

Volatility keeps compressing while the 'dash for compute' o/b rally and options arm wrestle goes on
No break in trend but if the fever breaks, USD and JPY correct
US CPI data to keep the Fed in defensive wait and see mode
Focus starts to turn to US-China meetings

FX Daily Strategy: APAC, May 12th

May 11, 2026 4:55 PM UTC

Volatility keeps compressing while the 'dash for compute' o/b rally and options arm wrestle goes on
No break in trend but if the fever breaks, USD and JPY correct
US CPI data to keep the Fed in defensive wait and see mode
Focus starts to turn to US-China meetings

FX Weekly Strategy: N America, May 11th-15th

May 11, 2026 9:18 AM UTC

Positive risk tone last week suggests good news largely priced in
JPY may have scope to gain on the crosses
CAD watching oil, but underperformance can extend
GBP likely toppy against the EUR

Psychology for major markets May 11

May 11, 2026 7:27 AM UTC

No Fireworks Over the Weekend

FX Weekly Strategy: Asia, May 11th-15th

May 10, 2026 9:00 PM UTC

Positive risk tone suggests good news largely priced in
JPY may have scope to gain on the crosses
CAD weakness can extend
GBP likely toppy against the EUR

FX Weekly Strategy: APAC, May 11th-15th

May 10, 2026 5:00 PM UTC

Positive risk tone suggests good news largely priced in
JPY may have scope to gain on the crosses
CAD weakness can extend
GBP likely toppy against the EUR

FX Weekly Strategy: May 11th-15th

May 8, 2026 2:51 PM UTC

Positive risk tone suggests good news largely priced in
JPY may have scope to gain on the crosses
CAD weakness can extend
GBP likely toppy against the EUR

FX Daily Strategy: N America, May 8th

May 8, 2026 9:02 AM UTC

US and Canadian employment data offer some USD upside risks
Focus remains on US/Iran negotiations with some good news already priced in
Japanese wage data misses
GBP vulnerable to political fallout from local elections

Psychology for major markets May 8

May 8, 2026 7:05 AM UTC

The U.S.-Iran Ceasefire being Tested

FX Daily Strategy: Europe, May 8th

May 8, 2026 3:56 AM UTC

US and Canadian employment data offer some USD upside risks
Focus remains on US/Iran negotiations with some good news already priced in
Japanese wage data misses
GBP vulnerable to political fallout from local elections