FX Daily Strategy: Asia, April 26th

April 25, 2024 9:00 PM UTC

JPY may weaken if BoJ indicates no rush to tighten…
…potentially triggering FX intervention
EUR/USD well supported but could suffer if Eurozone money data is weak
SEK has scope to recover after Thursday dip following strong Swedish data

FX Daily Strategy: APAC, April 26th

April 25, 2024 2:51 PM UTC

JPY may weaken if BoJ indicates no rush to tighten…
…potentially triggering FX intervention
EUR/USD well supported but could suffer if Eurozone money data is weak
SEK has scope to recover after Thursday dip following strong Swedish data

Psychology for major markets Apr 25

April 25, 2024 10:05 AM UTC

EUR and riskier currencies better bid, JPY at new 34 year lows

FX Daily Strategy: N America, April 25th

April 25, 2024 8:46 AM UTC

US Q1 GDP the main focus
USD risks weighted to the downside
JPY intervention risk rising, but may wait until after Fridays BoJ meeting
SEK has scope for gains after strong economic tendency survey

FX Daily Strategy: Asia, April 25th

April 24, 2024 9:00 PM UTC

US Q1 GDP the main focus
USD risks weighted to the downside
JPY intervention risk rising, but may wait until after Fridays BoJ meeting
SEK may need a better economic tendency survey to hold current levels

FX Daily Strategy: APAC, April 25th

April 24, 2024 2:54 PM UTC

US Q1 GDP the main focus
USD risks weighted to the downside
JPY intervention risk rising, but may wait until after Fridays BoJ meeting
SEK may need a better economic tendency survey to hold current levels

Psychology for major markets Apr 24

April 24, 2024 10:13 AM UTC

EUR better bid after PMIs, JPY at new 34 year lows

FX Daily Strategy: N America, April 24th

April 24, 2024 9:07 AM UTC

IFO needs to beat consensus to justify EUR/USD strength
EUR/JPY move to new highs may be temporary
Hotter CPI to Support Aussie in a Short Run

FX Daily Strategy: Asia, April 24th

April 23, 2024 9:00 PM UTC

IFO needs to beat consensus to justify EUR/USD strength
EUR/JPY move to new highs may be temporary
AUD to watch CPI

FX Daily Strategy: APAC, April 24th

April 23, 2024 3:10 PM UTC

IFO needs to beat consensus to justify EUR/USD strength
EUR/JPY move to new highs may be temporary
AUD to watch CPI

Psychology for major markets Apr 23

April 23, 2024 10:09 AM UTC

USD remains firm, JPY at new 34 year lows

FX Daily Strategy: N America, April 23rd

April 23, 2024 9:08 AM UTC

European currencies firme rafter better PMIs...
...but little scope for further gains unless US data is surprisingly weak
GBP may rise further unless chief economist Pill sounds dovish
USD/JPY still playing grandmother’s footsteps with the BoJ

FX Daily Strategy: Asia, April 23rd

April 22, 2024 9:00 PM UTC

PMIs the main data focus
More potential for impact from European numbers
 BoE speakers will be more closely watched after Ramsden comments on Friday
USD/JPY still playing grandmother’s footsteps with the BoJ

FX Daily Strategy: APAC, April 23rd

April 22, 2024 3:03 PM UTC

PMIs the main data focus
More potential for impact from European numbers
 BoE speakers will be more closely watched after Ramsden comments on Friday
USD/JPY still playing grandmother’s footsteps with the BoJ

Psychology for major markets Apr 22

April 22, 2024 10:21 AM UTC

Firm US yields continue to provide underlying USD support

FX Weekly Strategy: April 22nd-26th

April 22, 2024 9:09 AM UTC

US yields could edge lower ahead of the FOMC on May 1
EUR/USD upside still looks limited given current spreads
More evidence of recovery in PMI data could trigger some modest USD losses
AUD to focus on CPI with RBA stance in the balance
JPY downside may be restricted by BoJ, but lower US yields needed t

IMM Commitment of Traders Reports w/e Apr 16th

April 22, 2024 7:14 AM UTC

CHF and JPY net short positions rise to new high for the decade. CAD and AUD shorts also extended. MXN net long positioning down on the week but remaisn very high. Net GBP positioning back to near flat.

FX Weekly Strategy: Europe, April 22nd-26th

April 22, 2024 4:23 AM UTC

US yields could edge lower ahead of the FOMC on May 1
EUR/USD upside still looks limited given current spreads
More evidence of recovery in PMI data could trigger some modest USD losses
AUD to focus on CPI with RBA stance in the balance
JPY downside may be restricted by BoJ, but lower US yields needed t

FX Weekly Strategy: Asia, April 22nd-26th

April 21, 2024 9:00 PM UTC

US yields could edge lower ahead of the FOMC on May 1
EUR/USD upside still looks limited given current spreads
More evidence of recovery in PMI data could trigger some modest USD losses
AUD to focus on CPI with RBA stance in the balance
JPY downside may be restricted by BoJ, but lower US yields needed t

FX Weekly Strategy: APAC, April 22nd-26th

April 21, 2024 5:00 PM UTC

US yields could edge lower ahead of the FOMC on May 1
EUR/USD upside still looks limited given current spreads
More evidence of recovery in PMI data could trigger some modest USD losses
AUD to focus on CPI with RBA stance in the balance
JPY downside may be restricted by BoJ, but lower US yields needed t

FX Weekly Strategy: April 22nd-26th

April 19, 2024 3:20 PM UTC

US yields could edge lower ahead of the FOMC on May 1
EUR/USD upside still looks limited given current spreads
More evidence of recovery in PMI data could trigger some modest USD losses
AUD to focus on CPI with RBA stance in the balance
JPY downside may be restricted by BoJ, but lower US yields needed t

Psychology for major markets Apr 19

April 19, 2024 10:04 AM UTC

USD correcting slightly lower but firm yields continue to provide underlying support

FX Daily Strategy: N America, April 18th

April 19, 2024 9:01 AM UTC

Japanese CPI Continue to Moderate
Underlying weak JPY trend only likely to turn with lower US yields
GBP downside risks on retail sales
EUR/NOK due to turn lower

FX Daily Strategy: Europe, April 18th

April 19, 2024 4:05 AM UTC

Japanese CPI Continue to Moderate
Underlying weak JPY trend only likely to turn with lower US yields
GBP downside risks on retail sales
EUR/NOK due to turn lower

FX Daily Strategy: Asia, April 18th

April 18, 2024 9:00 PM UTC

JPY may get some support from Japanese CPI
Underlying weak JPY trend only likely to turn with lower US yields
GBP downside risks on retail sales
EUR/NOK due to turn lower

FX Daily Strategy: APAC, April 18th

April 18, 2024 3:17 PM UTC

JPY may get some support from Japanese CPI
Underlying weak JPY trend only likely to turn with lower US yields
GBP downside risks on retail sales
EUR/NOK due to turn lower

Psychology for major markets Apr 18

April 18, 2024 10:15 AM UTC

USD correcting slightly lower but firm yields continue to provide underlying support

FX Daily Strategy: N America, April 18th

April 18, 2024 9:02 AM UTC

AUD still vulnerable on higher US yields
Australian employment report could trigger a test lower
JPY weakness and AUD weakness moving in tandem due to rising US yields
BoJ needs to act soon or risk losing credibility
EUR/USD likely to hold the range

FX Daily Strategy: Asia, April 18th

April 17, 2024 9:00 PM UTC

GBP could benefit from higher than expected CPI…
…but we still see upside as very limited given current pricing of rate cuts
JPY in focus as weakness continues
AUD looks to have further downside risk

FX Daily Strategy: APAC, April 18th

April 17, 2024 2:49 PM UTC

GBP could benefit from higher than expected CPI…
…but we still see upside as very limited given current pricing of rate cuts
JPY in focus as weakness continues
AUD looks to have further downside risk

Psychology for major markets Apr 17

April 17, 2024 10:13 AM UTC

Rising US yields and geopolitical tension supporting USD and undermining risk sentiment

FX Daily Strategy: N America, April 17th

April 17, 2024 9:12 AM UTC

GBP could benefit from higher than expected CPI…
…but we still see upside as very limited given current pricing of rate cuts
JPY in focus as weakness continues
AUD looks to have further downside risk

FX Daily Strategy: Asia, April 17th

April 16, 2024 9:00 PM UTC

GBP could benefit from higher than expected CPI…
…but we still see upside as very limited given current pricing of rate cuts
JPY in focus as weakness continues
AUD looks to have further downside risk

FX Daily Strategy: APAC, April 17th

April 16, 2024 3:19 PM UTC

GBP could benefit from higher than expected CPI…
…but we still see upside as very limited given current pricing of rate cuts
JPY in focus as weakness continues
AUD looks to have further downside risk

Psychology for major markets Apr 16

April 16, 2024 10:19 AM UTC

Rising US yields and geopolitical tension supporting USD and undermining risk sentiment

FX Daily Strategy: N America, April 16th

April 16, 2024 9:12 AM UTC

GBP in focus on labour market and CPI data
Scope for a more dovish tone to emerge if earnings data soften further
EUR/USD downside looks more restricted from here
JPY likely to have bottomed out on the crosses

FX Daily Strategy: Asia, April 16th

April 15, 2024 9:00 PM UTC

GBP in focus on labour market and CPI data
Scope for a more dovish tone to emerge if earnings data soften further
EUR/USD downside looks more restricted from here
JPY likely to have bottomed out on the crosses

FX Daily Strategy: APAC, April 16th

April 15, 2024 3:05 PM UTC

GBP in focus on labour market and CPI data
Scope for a more dovish tone to emerge if earnings data soften further
EUR/USD downside looks more restricted from here
JPY likely to have bottomed out on the crosses

Psychology for major markets Apr 15

April 15, 2024 10:22 AM UTC

USD sentiment strong but riskier currencies recovering as Middle East concerns fade

FX Weekly Strategy: April 15th-19th

April 15, 2024 9:05 AM UTC

GBP in focus on labour market and CPI data
Scope for a more dovish tone to emerge if earnings data soften further
EUR/USD downside looks more restricted from here
JPY likely to have bottomed out on the crosses