North American Summary and Highlights 10 September
September 10, 2024 6:58 PM UTC
Overview - The USD was little changed on a quiet day, weaker versus the JPY but stronger versus the CAD.
FX Daily Strategy: APAC, September 11th
September 10, 2024 3:20 PM UTC
US CPI the focus More risk of market reaction on stronger data GBP focus on GDP with firm tone intact CHF strength reaching limits
Psychology for major markets September 10th
September 10, 2024 10:11 AM UTC
USD risks still mainly to the downside
FX Daily Strategy: N America, September 10th
September 10, 2024 9:00 AM UTC
GBP slightly firmer after UK labour market data NOK bounces after short lived dip on weaker CPI JPY remains well bid but upside break unlikely short term
Asia Summary and Highlights 10 September
September 10, 2024 5:18 AM UTC
Australian September Westpac Consumer Confidence Index 84.6 Australian August business confidence -4 Japan PM contender Kato wants Japanese to have higher wages
FX Daily Strategy: Europe, September 10th
September 10, 2024 5:08 AM UTC
GBP has some downside risks on UK labour market data NOK still looks cheap unless CPI surprises on the downside JPY remains well bid but upside break unlikely short term
September 09, 2024
FX Daily Strategy: Asia, September 10th
September 9, 2024 9:00 PM UTC
GBP has some downside risks on UK labour market data NOK still looks cheap unless CPI surprises on the downside JPY remains well bid but upside break unlikely short term
FX Daily Strategy: APAC, September 10th
September 9, 2024 3:05 PM UTC
GBP has some downside risks on UK labour market data NOK still looks cheap unless CPI surprises on the downside JPY remains well bid but upside break unlikely short term
GBP net spec long positions rise again, JPY net spec longs highest since 2021. CAD short pared back.
Asia Summary and Highlights 9 September
September 9, 2024 5:13 AM UTC
Japan (revised) Q2 GDP +0.7% q/q (preliminary was +0.8%) Japan chief cabinet secretary Hayashi cites BOJ's Ueda saying more rate hikes ahead
FX Weekly Strategy: Sep 9th-13th
September 9, 2024 5:06 AM UTC
U.S. August CPI Subdued PPI In line with the underlying trend More Mixed Messages for UK GDP Japan GDP Unlikely to Change BoJ's Mind
September 06, 2024
North American Summary and Highlights 6 September
September 6, 2024 7:52 PM UTC
Overview - US employment data was weaker than expected but probably not sufficiently so to see the Fed easing by 50bs in September. USD/JPY ended weaker but the USD advanced against the riskier currencies.
FX Weekly Strategy: Asia, Sep 9th-13th
September 6, 2024 2:00 PM UTC
U.S. August CPI Subdued PPI In line with the underlying trend More Mixed Messages for UK GDP Japan GDP Unlikely to Change BoJ's Mind
FX Daily Strategy: N America, September 6
September 6, 2024 10:00 AM UTC
All Eyes Will be on U.S. NFP And determine USD/JPY's Next Leg Also including all JPY pairs
Psychology for major markets September 6th
September 6, 2024 9:55 AM UTC
USD steadies ahead of key U.S. data, but JPY tone still positive.
Asia Summary and Highlights 6 September
September 6, 2024 5:28 AM UTC
Japan July household spending +0.1% y/y Risk sentiment soft so far on Friday's Asia session
FX Daily Strategy: Europe, September 6
September 6, 2024 4:36 AM UTC
All Eyes Will be on U.S. NFP And determine USD/JPY's Next Leg Also including all JPY pairs
September 05, 2024
North American Summary and Highlights 5 September
September 5, 2024 7:42 PM UTC
Overview - The USD fell on ADP data but recovered on ISM services data, ending little changed overall.
FX Daily Strategy: Asia, September 6
September 5, 2024 2:00 PM UTC
All Eyes Will be on U.S. NFP And determine USD/JPY's Next Leg Also including all JPY pairs
FX Daily Strategy: N America, September 5
September 5, 2024 10:00 AM UTC
U.S. ADP Employment slowing but not sharply U.S. ISM Unlikely to match strong S&P Services PMI Growth in Labor Cash Earning Should Support JPY Bullock Buffers Aussie Weakness
Psychology for major markets September 5th
September 5, 2024 9:55 AM UTC
USD steady ahead of key U.S. data.
Asia Summary and Highlights 5 September
September 5, 2024 5:20 AM UTC
Australian July Trade Balance surplus of AUD 6.009bn Japan July Labor Cash Earnings +3.6% y/y
FX Daily Strategy: Europe, September 5
September 5, 2024 5:14 AM UTC
U.S. ADP Employment slowing but not sharply U.S. ISM Unlikely to match strong S&P Services PMI Growth in Labor Cash Earning Should Support JPY Bullock Will Likely Buffer Aussie Weakness
September 04, 2024
North American Summary and Highlights 4 September
September 4, 2024 7:55 PM UTC
Overview - The USD, already marginally on the defensive in Europe, slipped on weaker US job openings data.
FX Daily Strategy: Asia, September 5
September 4, 2024 2:00 PM UTC
U.S. ADP Employment slowing but not sharply U.S. ISM Unlikely to match strong S&P Services PMI Growth in Labor Cash Earning Should Support JPY Bullock Will Likely Buffer Aussie Weakness
FX Daily Strategy:N America, September 4
September 4, 2024 10:00 AM UTC
A Third Straight 25bps Easing for Bank of Canada U.S. July Trade Deficit to resume deteriorating trend Australian Q GDP Likely To Disappoint USD/JPY Waiting for Breakout
Psychology for major markets September 4th
September 4, 2024 9:55 AM UTC
USD soft on U.S. equity worries.
Asia Summary and Highlights 4 September
September 4, 2024 5:05 AM UTC
Australian Q2 2024 GDP +0.2% q/q Japan’s $1.75 tln state pension fund may step up domestic purchases
FX Daily Strategy:Europe, September 4
September 4, 2024 4:58 AM UTC
A Third Straight 25bps Easing for Bank of Canada U.S. July Trade Deficit to resume deteriorating trend Australian Q GDP Likely To Disappoint USD/JPY Waiting for Breakout
September 03, 2024
North American Summary and Highlights 3 September
September 3, 2024 7:50 PM UTC
Overview - The JPY extended gains in Europe. Oil prices slipped sharply which depressed UST yields, but related losses in the USD proved temporary.
FX Daily Strategy: Asia, September 4
September 3, 2024 2:00 PM UTC
A Third Straight 25bps Easing for Bank of Canada U.S. July Trade Deficit to resume deteriorating trend Australian Q GDP Likely To Disappoint USD/JPY Waiting for Breakout
FX Daily Strategy: N America, September 3
September 3, 2024 10:00 AM UTC
U.S. ISM Manufacturing higher but still subdued USD/JPY Gains in Asia but to Consolidate pre U.S. employment report Antipodeans to Fresh Yearly High
Psychology for major markets September 3rd
September 3, 2024 9:55 AM UTC
JPY gains on BOJ Ueda.
FX Daily Strategy: Europe, September 3
September 3, 2024 4:22 AM UTC
U.S. ISM Manufacturing higher but still subdued USD/JPY Continue to Consolidate Antipodeans to Fresh Yearly High
September 02, 2024
FX Daily Strategy: Asia, September 3
September 2, 2024 2:00 PM UTC
U.S. ISM Manufacturing higher but still subdued USD/JPY Continue to Consolidate Antipodeans to Fresh Yearly High
Psychology for major markets September 2nd
September 2, 2024 10:00 AM UTC
USD consolidating before US Data this week.
FX Weekly Strategy: N America, Sep 2nd-6th
September 2, 2024 9:55 AM UTC
Geopolitical Risk Lingers U.S. August NFP To be Less weak And a slate of U.S. Data Could Sway the DXY
Asia Summary and Highlights 2 Sep
September 2, 2024 5:22 AM UTC
Japan Q2 business capex +7.4% y/y Australian ANZ job ads down 2.1% m/m
FX Weekly Strategy: Europe, Sep 2nd-6th
September 2, 2024 4:00 AM UTC
Geopolitical Risk Lingers U.S. August NFP To be Less weak And a slate of U.S. Data Could Sway the DXY
August 30, 2024
North American Summary and Highlights 30 August
August 30, 2024 7:44 PM UTC
Overview - The USD advanced after subdued core PCE price data, with the income and spending details not seen as soft enough to justify a 50bps Fed easing in September.
Psychology for major markets August 30th
August 30, 2024 7:26 PM UTC
EUR back below 1.11 after weaker German CPI data
FX Weekly Strategy: Sep 2nd-6th
August 30, 2024 1:00 PM UTC
Geopolitical Risk Lingers U.S. August NFP To be Less weak And a slate of U.S. Data Could Sway the DXY
FX Daily Strategy: N America, August 30th
August 30, 2024 9:35 AM UTC
US PCE prices the main data on Friday Hard to see major changes in market expectations for ECB or Fed policy CAD may renew gains on Canadian GDP
Asia Summary and Highlights 28 August
August 30, 2024 4:52 AM UTC
Aug Tokyo Headline inflation 2.6% y/y prior 2.2%
FX Daily Strategy: Europe, August 30th
August 30, 2024 4:23 AM UTC
Eurozone CPI and US PCE prices the main data on Friday Hard to see major changes in market expectations for ECB or Fed policy Some upside risks for the JPY on Tokyo CPI data CAD may renew gains on Canadian GDP
August 29, 2024
FX Daily Strategy: Asia, August 30th
August 29, 2024 9:00 PM UTC
German CPI data ulls EUR/USD lower EUR/USD looks fair based on current yield spreads GBP supported by relatively hawkish BoE, but looks expensive USD may have upside scope as data continues to show solid growth
North American Summary and Highlights 29 August
August 29, 2024 7:56 PM UTC
Overview - The EUR slipped in Europe on softer German CPI data while an upward US GDP revision gave the USD a modest boost in North America.
FX Daily Strategy: APAC, August 30th
August 29, 2024 2:43 PM UTC
German CPI data ulls EUR/USD lower EUR/USD looks fair based on current yield spreads GBP supported by relatively hawkish BoE, but looks expensive USD may have upside scope as data continues to show solid growth
