US/EU tariffs the main focus USD weakness and JPY strength likely to extend modestly AUD still looks well supported at 0.64
Psychology for major markets May 23
May 23, 2025 10:15 AM UTC
Riskier currencies firmer on stronger European data
FX Daily Strategy: N America, May 23rd
May 23, 2025 9:00 AM UTC
JPY to stay well supported by rising CPI CHF/JPY remains the clearest value trade GBP may gain on retail sales but hard to see sustained break lower in EUR/GBP USD likely to be resilient on home sales data
FX Daily Strategy: Europe, May 23rd
May 23, 2025 4:09 AM UTC
JPY to stay well supported by rising CPI CHF/JPY remains the clearest value trade GBP may gain on retail sales but hard to see sustained break lower in EUR/GBP USD likely to be resilient on home sales data
May 22, 2025
FX Daily Strategy: Asia, May 23rd
May 22, 2025 9:00 PM UTC
JPY to stay well supported by rising CPI CHF/JPY remains the clearest value trade GBP may gain on retail sales but hard to see sustained break lower in EUR/GBP USD likely to be resilient on home sales data
FX Daily Strategy: APAC, May 23rd
May 22, 2025 3:08 PM UTC
JPY to stay well supported by rising CPI CHF/JPY remains the clearest value trade GBP may gain on retail sales but hard to see sustained break lower in EUR/GBP USD likely to be resilient on home sales data
Psychology for major markets May 22
May 22, 2025 10:10 AM UTC
Rangy picture for the EUR, JPY showing firmer tone
FX Daily Strategy: N America, May 22nd
May 22, 2025 8:54 AM UTC
U.S. May S&P Manufacturing PMIs to slip below neutral, Services to hold above U.S. April Pending home sales suggest a rise G7 Meeting Headlines May Affect Sentiment USD/JPY Looking to Retest April Low
FX Daily Strategy: Europe, May 22nd
May 22, 2025 4:37 AM UTC
U.S. May S&P Manufacturing PMIs to slip below neutral, Services to hold above U.S. April Pending home sales suggest a rise G7 Meeting Headlines May Affect Sentiment USD/JPY Looking to Retest April Low
May 21, 2025
Psychology for major markets May 21
May 21, 2025 6:26 PM UTC
USD weaker as fiscal worries build.
FX Daily Strategy: Asia, May 22nd
May 21, 2025 4:00 PM UTC
U.S. May S&P Manufacturing PMIs to slip below neutral, Services to hold above U.S. April Pending home sales suggest a rise G7 Meeting Headlines May Affect Sentiment USD/JPY Looking to Retest April Low
FX Daily Strategy: Europe, May 21st
May 21, 2025 4:56 AM UTC
UK CPI the main focus with big rise seen in the y/y rate GBP unlikely to be much affected with 0.84 good support in EUR/GBP Markets remains generally rangy awaiting data – JPY still looks cheap
May 20, 2025
FX Daily Strategy: Asia, May 21st
May 20, 2025 9:00 PM UTC
UK CPI the main focus with big rise seen in the y/y rate GBP unlikely to be much affected with 0.84 good support in EUR/GBP Markets remains generally rangy awaiting data – JPY still looks cheap
FX Daily Strategy: APAC, May 21st
May 20, 2025 3:04 PM UTC
UK CPI the main focus with big rise seen in the y/y rate GBP unlikely to be much affected with 0.84 good support in EUR/GBP Markets remains generally rangy awaiting data – JPY still looks cheap
FX Daily Strategy: N America, May 20th
May 20, 2025 10:27 AM UTC
AUD dips on RBA rate cut, but holds support CAD continues to hold firm relative to yield moves General USD underperformance similar to first Trump presidency
Psychology for major markets May 20
May 20, 2025 10:13 AM UTC
USD broadly steady awaitign more US data
FX Daily Strategy: Europe, May 20th
May 20, 2025 6:04 AM UTC
Focus on PMIs, USD needs stronger data to extend recovery RBA Cut by 25bps EUR/GP downside risks look very limited below 0.84.
RBA Review: Recognize Inflation Moderates and Upside Risk
May 20, 2025 5:32 AM UTC
The RBA meeting on May 20th cut rates to 3.85% and stated cautious in forward guidance
May 19, 2025
FX Daily Strategy: Asia, May 20th
May 19, 2025 9:00 PM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
FX Daily Strategy: APAC, May 20th
May 19, 2025 2:46 PM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
Psychology for major markets May 19
May 19, 2025 10:04 AM UTC
USD weaker after Moody's downgrade
FX Weekly Strategy: May 19th - 23rd
May 19, 2025 9:00 AM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
IMM Commitment of Traders Reports w/e May 13th
May 19, 2025 7:37 AM UTC
Net long JPY positioning slightly reduced but remains extreme
FX Weekly Strategy: Europe, May 19th - 23rd
May 19, 2025 3:42 AM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
May 18, 2025
FX Weekly Strategy: Asia, May 19th - 23rd
May 18, 2025 9:00 PM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
FX Weekly Strategy: APAC, May 19th - 23rd
May 18, 2025 5:00 PM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
May 16, 2025
FX Weekly Strategy: May 19th - 23rd
May 16, 2025 3:07 PM UTC
Focus on PMIs, USD needs stronger data to extend recovery AUD has upside potential on RBA EUR/GP downside risks look very limited below 0.84.
Psychology for major markets May 16
May 16, 2025 10:14 AM UTC
More rangy trading looking likely near term
FX Daily Strategy: N America, May 16th
May 16, 2025 9:18 AM UTC
US data unlikely to move markets Japanese GDP has little impact AUD weakness looks overdone
FX Daily Strategy: Europe, May 16th
May 16, 2025 4:15 AM UTC
US data unlikely to move markets Japanese GDP may decline but JPY looking better supported AUD weakness looks overdone
May 15, 2025
FX Daily Strategy: Asia, May 16th
May 15, 2025 9:00 PM UTC
US PPI and survey data may be USD supportive EUR/USD more rangy but risks on the downside AUD could benefit from solid employment data NOK still has scope for recovery after strong GDP
FX Daily Strategy: APAC, May 16th
May 15, 2025 3:04 PM UTC
US PPI and survey data may be USD supportive EUR/USD more rangy but risks on the downside AUD could benefit from solid employment data NOK still has scope for recovery after strong GDP
Psychology for major markets May 15
May 15, 2025 10:03 AM UTC
More rangy trading looking likely near term
FX Daily Strategy: N America, May 15th
May 15, 2025 9:09 AM UTC
US PPI and survey data may be USD supportive EUR/USD more rangy but risks on the downside AUD could benefit from solid employment data NOK still has scope for recovery after strong GDP
FX Daily Strategy: Europe, May 15th
May 15, 2025 4:32 AM UTC
US PPI and survey data may be USD supportive EUR/USD more rangy but risks on the downside AUD could benefit from solid employment data Nok still has scope for recovery versus SEK and CHF
May 14, 2025
FX Daily Strategy: Asia, May 15th
May 14, 2025 9:00 PM UTC
US PPI and survey data may be USD supportive EUR/USD more rangy but risks on the downside AUD could benefit from solid employment data Nok still has scope for recovery versus SEK and CHF
FX Daily Strategy: APAC, May 15th
May 14, 2025 2:45 PM UTC
US PPI and survey data may be USD supportive EUR/USD more rangy but risks on the downside AUD could benefit from solid employment data Nok still has scope for recovery versus SEK and CHF
Psychology for major markets May 14
May 14, 2025 10:15 AM UTC
USD correcting lower as trade deal impact fades. More rangy trading looking likely near term
FX Daily Strategy: N America, May 14th
May 14, 2025 9:19 AM UTC
AUD the biggest beneficiary of continued risk positive tone JPY decline slowing and some stabilisation seen CHF and EUR look vulnerable
FX Daily Strategy: Europe, May 14th
May 14, 2025 4:52 AM UTC
AUD the biggest beneficiary of continued risk positive tone JPY decline slowing and some stabilisation seen CHF and EUR look vulnerable
May 13, 2025
FX Daily Strategy: Asia, May 14th
May 13, 2025 9:00 PM UTC
AUD the biggest beneficiary of continued risk positive tone JPY decline slowing and some stabilisation seen CHF and EUR look vulnerable
FX Daily Strategy: APAC, May 14th
May 13, 2025 3:20 PM UTC
AUD the biggest beneficiary of continued risk positive tone JPY decline slowing and some stabilisation seen CHF and EUR look vulnerable
Psychology for major markets May 13
May 13, 2025 10:13 AM UTC
USD steady after recovering on US/China trade deal
FX Daily Strategy: N America, May 13th
May 13, 2025 8:56 AM UTC
US CPI the main focus, but implications less clear Weaker data might be seen as USD positive GBP little changed after mixed labour market data JPY weakness reaching extremes
FX Daily Strategy: Europe, May 13th
May 13, 2025 4:28 AM UTC
US CPI the main focus, but implications less clear Weaker data might be seen as USD positive GBP may slip lower on softer labour market data JPY weakness reaching extremes
May 12, 2025
FX Daily Strategy: Asia, May 13th
May 12, 2025 9:00 PM UTC
US CPI the main focus, but implications less clear Weaker data might be seen as USD positive GBP may slip lower on softer labour market data JPY weakness reaching extremes
FX Daily Strategy: APAC, May 13th
May 12, 2025 3:00 PM UTC
US CPI the main focus, but implications less clear Weaker data might be seen as USD positive GBP may slip lower on softer labour market data JPY weakness reaching extremes
Psychology for major markets May 12
May 12, 2025 10:12 AM UTC
USD recovering on US/China trade deal
FX Weekly Strategy: May 12th-16th
May 12, 2025 8:57 AM UTC
US CPI the focus but probably too early for much tariff impact USD still likely to be favoured if CPI on the high side GBP can extend recent recovery against the EUR AUD needs positive US/China news to restore bullish tone
IMM Commitment of Traders Reports w/e May 6th
May 12, 2025 7:34 AM UTC
Net long JPY positioning remain extreme, long USD positions elsewhere modest
