US tariff announcement the main focus Significant increases already priced in but JPY still looks to have potential for gains ADP unlikely to move market Scandis staying strong, NOK favoured
Psychology for major markets April 2nd
April 2, 2025 10:08 AM UTC
Markets nervous ahead of tariff announcements, but most of the bad news may be priced in
Europe Summary and Highlights 2 April
April 2, 2025 10:08 AM UTC
The USD was generally lower through the European morning, with the JPY, GBP, AUD and NZD making the most pronounced gains.
FX Daily Strategy: N America, April 2nd
April 2, 2025 9:02 AM UTC
US tariff announcement the main focus Significant increases already priced in but JPY still looks to have potential for gains ADP unlikely to move market Scandis staying strong, NOK favoured
Asia Summary and Highlights 2 April
April 2, 2025 5:46 AM UTC
BoJ's Ueda says US tariffs likely to push up US inflation in near term
FX Daily Strategy: Europe, April 2nd
April 2, 2025 3:58 AM UTC
US tariff announcement the main focus Significant increases already priced in but JPY still looks to have potential for gains ADP unlikely to move market Scandis staying strong, NOK favoured
April 01, 2025
FX Daily Strategy: Asia, April 2nd
April 1, 2025 9:00 PM UTC
US tariff announcement the main focus Significant increases already priced in but JPY still looks to have potential for gains ADP unlikely to move market Scandis staying strong, NOK favoured
North American Summary and Highlights 1 April
April 1, 2025 7:48 PM UTC
Overview - The USD was generally little changed, but USD/CAD slipped with Trump’s Wednesday tariff announcement awaited.
FX Daily Strategy: APAC, April 2nd
April 1, 2025 3:06 PM UTC
US tariff announcement the main focus Significant increases already priced in but JPY still looks to have potential for gains ADP unlikely to move market Scandis staying strong, NOK favoured
Psychology for major markets April 1st
April 1, 2025 10:17 AM UTC
Markets nervous ahead of tariff announcements, but most of the bad news may be priced in
Europe Summary and Highlights 1 April
April 1, 2025 10:17 AM UTC
The USD was generally slightly weaker through the European morning.
FX Daily Strategy: N America, April 1st
April 1, 2025 9:16 AM UTC
RBA left rates unchanged AUD performance likely to depend more on equities ISM risks on the downside Risk negative sentiment to continue to support USD and JPY
Asia Summary and Highlights 1 April
April 1, 2025 5:25 AM UTC
RBA kept rates unchanged at 4.1% Japan February Unemployment Rate 2.4%
FX Daily Strategy: Europe, April 1st
April 1, 2025 5:07 AM UTC
RBA left rates unchanged AUD performance likely to depend more on equities ISM risks on the downside Risk negative sentiment to continue to support USD and JPY
March 31, 2025
FX Daily Strategy: Asia April 1st
March 31, 2025 9:00 PM UTC
RBA to leave rates unchanged AUD performance likely to depend more on equities ISM risks on the downside Risk negative sentiment to continue to support USD and JPY
North American Summary and Highlights 31 March
March 31, 2025 8:00 PM UTC
Overview - Equities recovered from early weakness leaving a firmer USD/JPY as the main story of a slow news day.
FX Daily Strategy: APAC April 1st
March 31, 2025 3:01 PM UTC
RBA to leave rates unchanged AUD performance likely to depend more on equities ISM risks on the downside Risk negative sentiment to continue to support USD and JPY
Psychology for major markets March 31st
March 31, 2025 10:03 AM UTC
USD and JPY firm, higher yielders soft as tariff concerns rise
Europe Summary and Highlights 31 March
March 31, 2025 10:00 AM UTC
The USD made gains against the riskier currencies through the European morning.
IMM Commitment of Traders Reports w/e March 25th
March 31, 2025 9:39 AM UTC
Net JPY positioning remains significantly long, CAD, CHF and NZD positions remain short
FX Weekly Strategy: March 31st - April 4th
March 31, 2025 9:04 AM UTC
USD tending to suffer from higher tariffs JPY still looks to have the most scope for gains EUR picture less clear cut AUD still has potential for an upside break
Asia Summary and Highlights 28 March
March 31, 2025 5:18 AM UTC
More tough talk from the tariff man
FX Weekly Strategy:Europe, March 31st - April 4th
March 31, 2025 4:09 AM UTC
USD tending to suffer from higher tariffs JPY still looks to have the most scope for gains EUR picture less clear cut AUD still has potential for an upside break
March 30, 2025
FX Weekly Strategy: March 31st - April 4th
March 30, 2025 9:00 PM UTC
USD tending to suffer from higher tariffs JPY still looks to have the most scope for gains EUR picture less clear cut AUD still has potential for an upside break
FX Weekly Strategy: March 31st - April 4th
March 30, 2025 5:00 PM UTC
USD tending to suffer from higher tariffs JPY still looks to have the most scope for gains EUR picture less clear cut AUD still has potential for an upside break
March 28, 2025
North American Summary and Highlights 28 March
March 28, 2025 7:50 PM UTC
Overview - The USD lost ground as UST yields fell with equities after US data warned of inflationary risk.
FX Weekly Strategy: March 31st - April 4th
March 28, 2025 4:18 PM UTC
USD tending to suffer from higher tariffs JPY still looks to have the most scope for gains EUR picture less clear cut AUD still has potential for an upside break
Psychology for major markets March 28th
March 28, 2025 11:38 AM UTC
USD firm as tariff concerns rise and European data softens
Europe Summary and Highlights 28 March
March 28, 2025 11:10 AM UTC
The EUR fell back in the European morning as European data came out on the soft side.
Asia Summary and Highlights 28 March
March 28, 2025 5:18 AM UTC
Japan Tokyo February headline CPI +2.9% y/y China president Xi says US-China relations should stay stable, healthy
FX Daily Strategy: N America, March 28th
March 28, 2025 4:30 AM UTC
Tariff Man Defines the Ending Tone of Week U.S. February Core PCE Prices to outperform Core CPI Tokyo CPI To Remain Hot But unlikely to change USD/JPY
March 27, 2025
Psychology for major markets March 27th
March 27, 2025 7:55 PM UTC
Trade concerns the focus.
North American Summary and Highlights 27 March
March 27, 2025 7:46 PM UTC
Overview - The USD advanced versus the JPY and CAD, but lost ground versus the EUR and GBP.
FX Daily Strategy: Asia, March 28th
March 27, 2025 4:00 PM UTC
Tariff Man Defines the Ending Tone of Week U.S. February Core PCE Prices to outperform Core CPI Tokyo CPI To Remain Hot But unlikely to change USD/JPY
FX Daily Strategy: N America, March 27th
March 27, 2025 10:55 AM UTC
US trade data likely to be the main focus Lower deficit may still imply weaker growth and lead to a weaker USD GBP resilient but still biased lower
Asia Summary and Highlights 27 March
March 27, 2025 5:38 AM UTC
Trump's 25% auto tariff on foreign-made cars start on April 2nd Trump has allowed a one-month tariff exemption for auto parts imports Trump said he may reduce tariffs on China to help facilitate TikTok US operations sale
FX Daily Strategy: Europe, March 27th
March 27, 2025 4:51 AM UTC
US trade data likely to be the main focus Lower deficit may still imply weaker growth and lead to a weaker USD Norges bank decision a close call but NOK biased higher GBP resilient but still biased lower
March 26, 2025
FX Daily Strategy: Asia, March 27th
March 26, 2025 10:00 PM UTC
US trade data likely to be the main focus Lower deficit may still imply weaker growth and lead to a weaker USD Norges bank decision a close call but NOK biased higher GBP resilient but still biased lower
North American Summary and Highlights 26 March
March 26, 2025 7:58 PM UTC
Overview - The USD had a firmer tone, with a Trump announcement on auto tariffs expected.
FX Daily Strategy: APAC, March 27th
March 26, 2025 4:02 PM UTC
US trade data likely to be the main focus Lower deficit may still imply weaker growth and lead to a weaker USD Norges bank decision a close call but NOK biased higher GBP resilient but still biased lower
Europe Summary and Highlights 26 March
March 26, 2025 11:26 AM UTC
GBP fell back through the European morning after weaker than expected UK February CPI data.
Psychology for major markets March 26th
March 26, 2025 11:24 AM UTC
GBP weaker after softer CPI
FX Daily Strategy: N America, March 26th
March 26, 2025 10:07 AM UTC
UK CPI and fiscal statement the focus GBP risks mainly on the downside USD likely to remains under pressure against the JPY Swedish data needs to be strong to justify recent SEK strength
Asia Summary and Highlights 26 March
March 26, 2025 5:13 AM UTC
Australian February monthly CPI 2.4% y/y Japan February Services Producer Price Index +3% y/y
FX Daily Strategy: Europe, March 26th
March 26, 2025 4:44 AM UTC
UK CPI and fiscal statement the focus GBP risks mainly on the downside USD likely to remains under pressure against the JPY Swedish data needs to be strong to justify recent SEK strength
March 25, 2025
FX Daily Strategy: Asia, March 26th
March 25, 2025 10:00 PM UTC
UK CPI and fiscal statement the focus GBP risks mainly on the downside USD likely to remains under pressure against the JPY Swedish data needs to be strong to justify recent SEK strength
North American Summary and Highlights 25 March
March 25, 2025 7:59 PM UTC
Overview - The USD was generally weaker, but saw its lows before a fall in US consumer confidence.
FX Daily Strategy: APAC, March 26th
March 25, 2025 3:55 PM UTC
UK CPI and fiscal statement the focus GBP risks mainly on the downside USD likely to remains under pressure against the JPY Swedish data needs to be strong to justify recent SEK strength
Psychology for major markets March 25th
March 25, 2025 11:21 AM UTC
USD correcting a little lower after Monday rally
Europe Summary and Highlights 25 March
March 25, 2025 11:18 AM UTC
The USD was generally weaker through the European morning.
