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

August 17, 2025 9:00 PM UTC

 PMIs a focus but EUR/USD looking rangebound
DXY continues to follow Trump 1.0
JPY upside scope still looks to depend on equity turn
GBP has some downside risks on CPI

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

August 17, 2025 5:00 PM UTC

 PMIs a focus but EUR/USD looking rangebound
DXY continues to follow Trump 1.0
JPY upside scope still looks to depend on equity turn
GBP has some downside risks on CPI

North American Summary and Highlights 15 Aug

August 15, 2025 7:51 PM UTC

Overview - The USD was generally weaker, but stabilized in North America after falling in Europe. 

FX Weekly Strategy: August 18th-22nd

August 15, 2025 3:15 PM UTC

 PMIs a focus but EUR/USD looking rangebound
DXY continues to follow Trump 1.0
JPY upside scope still looks to depend on equity turn
GBP has some downside risks on CPI

Europe Summary and Highlights 15 August

August 15, 2025 10:19 AM UTC

The USD moved lower through the European morning.

Psychology for major markets Aug 15

August 15, 2025 10:11 AM UTC

USD edging a little lower ahea dof US data

FX Daily Strategy: N America, August 15th

August 15, 2025 8:38 AM UTC

JPY gains on surprisingly strong Q2 Japanese GDP
USD could weaken into the end of the week on soft US retail sales
PPI emphasises that the market is optimistic in pricing aggressive Fed easing
GBP strength unlikely to extend far

Asia Summary and Highlights 15 Aug

August 15, 2025 4:54 AM UTC

Japan preliminary Q2 GDP +0.3% q/q

FX Daily Strategy: Asia, August 15th

August 14, 2025 9:00 PM UTC

JPY may soften on Q2 Japanese GDP
USD could weaken into the end of the week on soft US retail sales
PPI emphasises that the market is optimistic in pricing aggressive Fed easing
GBP strength unlikely to extend far

North American Summary and Highlights 14 Aug

August 14, 2025 7:52 PM UTC

Overview - GBP made gains on UK GDP data but the USD rose across the board after a strong US PPI. 

FX Daily Strategy: APAC, August 15th

August 14, 2025 2:55 PM UTC

JPY may soften on Q2 Japanese GDP
USD could weaken into the end of the week on soft US retail sales
PPI emphasises that the market is optimistic in pricing aggressive Fed easing
GBP strength unlikely to extend far

Europe Summary and Highlights 14 August

August 14, 2025 10:13 AM UTC

GBP and the USD made gains through the European morning.

Psychology for major markets Aug 14

August 14, 2025 9:58 AM UTC

GBP firm on GDP data, JPY gains on Bessent comments

FX Daily Strategy: N America, August 14th

August 14, 2025 9:17 AM UTC

AUD bounced on solid Australian employment data 
GBP risks on the downside on GDP data
NOK at attractive levels ahead of Norges Bank decision
USD more likely to gain than fall on PPI
Underlying positive risks tone hard to justify longer term

Asia Summary and Highlights 14 Aug

August 14, 2025 5:16 AM UTC

US Treasury Secretary Scott Bessent criticised Bank of Japan saying its time to hike rates
Australia July Unemployment rate 4.2%

FX Daily Strategy: Europe, August 14th

August 14, 2025 4:17 AM UTC

AUD bounced on solid Australian employment data 
GBP risks on the downside on GDP data
NOK at attractive levels ahead of Norges Bank decision
USD more likely to gain than fall on PPI
Underlying positive risks tone hard to justify longer term

FX Daily Strategy: Asia, August 14th

August 13, 2025 9:00 PM UTC

AUD vulnerable if Australian employment data is weak
GBP risks on the downside on GDP data
NOK at attractive levels ahead of Norges Bank decision
USD more likely to gain than fall on PPI
Underlying positive risks tone hard to justify longer term

North American Summary and Highlights 13 Aug

August 13, 2025 7:48 PM UTC

Overview - The USD was softer on Fed easing expectations, with most of the move seen in Europe. 

FX Daily Strategy: APAC, August 14th

August 13, 2025 2:54 PM UTC

AUD vulnerable if Australian employment data is weak
GBP risks on the downside on GDP data
NOK at attractive levels ahead of Norges Bank decision
USD more likely to gain than fall on PPI
Underlying positive risks tone hard to justify longer term

Psychology for major markets Aug 13

August 13, 2025 10:03 AM UTC

USD loses ground as market prices in September Fed ease

FX Daily Strategy: N America, August 13th

August 13, 2025 8:46 AM UTC

Risk positive tone persists after US CPI
JPY remains under pressure
GBP/JPY reaches highest in a year
CHF weakness can extend further

Asia Summary and Highlights 13 Aug

August 13, 2025 4:46 AM UTC

Australian Q2 2025 Wage Price Index 0.8% q/q
China hits Canadian canola with 75.8% tariffs

FX Daily Strategy: Asia, August 13th

August 12, 2025 9:00 PM UTC

Risk positive tone persists after US CPI
JPY remains under pressure
GBP/JPY reaches highest in a year
CHF weakness can extend further

North American Summary and Highlights 12 Aug

August 12, 2025 7:41 PM UTC

Overview - The USD slipped after near consensus US CPI data. Labor market data earlier gave support to the GBP. 

FX Daily Strategy: APAC, August 13th

August 12, 2025 2:57 PM UTC

Risk positive tone persists after US CPI
JPY remains under pressure
GBP/JPY reaches highest in a year
CHF weakness can extend further

Europe Summary and Highlights 12 August

August 12, 2025 10:13 AM UTC

GBP gained ground through the European morning, with EUR/GBP down 30 pips to near 0.8620 following the UK labour market data.

Psychology for major markets Aug 12

August 12, 2025 10:01 AM UTC

US CPI awaited, GBP and USD firm

FX Daily Strategy: N America, August 12th

August 12, 2025 8:53 AM UTC

RBA cut the policy rate, AUD risks starting to shift to the downside
US CPI a major focus but impact likely to be modest
GBP a little firmer after labour market data

Asia Summary and Highlights 12 Aug

August 12, 2025 5:43 AM UTC

RBA cuts cash rate by 25 bps to 3.60%
Trump confirmed he extends China tariff pause for another 90 days

FX Daily Strategy: Europe, August 12th

August 12, 2025 5:38 AM UTC

RBA cut the policy rate, AUD risks starting to shift to the downside
US CPI a major focus but impact likely to be modest
GBP may reverse some recent gains on softer labour market data

FX Daily Strategy: Asia, August 12th

August 11, 2025 9:00 PM UTC

Impact of US CPI less clear than in the past
Any USD gains on stronger inflation data would likely be temporary
AUD range bound for now but RBA could threaten a breakout
GBP downside risks on labour market data

North American Summary and Highlights 11 Aug

August 11, 2025 8:01 PM UTC

Overview - In a session with limited news the USD was broadly stronger. 

FX Daily Strategy: APAC, August 12th

August 11, 2025 2:56 PM UTC

Impact of US CPI less clear than in the past
Any USD gains on stronger inflation data would likely be temporary
AUD range bound for now but RBA could threaten a breakout
GBP downside risks on labour market data

Europe Summary and Highlights 11 August

August 11, 2025 10:32 AM UTC

The USD was generally stronger through the European morning, with EUR/USD down 30 pips to 1.1640 and USD/JPY up 20 pips to 147.70.

Psychology for major markets Aug 11

August 11, 2025 10:12 AM UTC

US CPI awaited, risk tone remains positive

FX Weekly Strategy: August 11th-15th

August 11, 2025 8:38 AM UTC

Impact of US CPI less clear than in the past
Any USD gains on stronger inflation data would likely be temporary
AUD range bound for now but RBA could threaten a breakout
GBP downside risks on labour market data

IMM Commitment of Traders Reports w/e August 5th

August 11, 2025 7:20 AM UTC

Net speculative long JPY positioning falls further, short CHF speculative positioning rising

Asia Summary and Highlights 11 Aug

August 11, 2025 4:50 AM UTC

Report that Nvidia, AMD to pay 15% export tax to US government
Property Developer China South City ordered to liquidate

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

August 10, 2025 9:00 PM UTC

Impact of US CPI less clear than in the past
Any USD gains on stronger inflation data would likely be temporary
AUD range bound for now but RBA could threaten a breakout
GBP downside risks on labour market data

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

August 10, 2025 5:00 PM UTC

Impact of US CPI less clear than in the past
Any USD gains on stronger inflation data would likely be temporary
AUD range bound for now but RBA could threaten a breakout
GBP downside risks on labour market data