USD/JPY, EUR/CHF flows: Swiss CPI upside stems o/s CHF; strong 30yr JGB auction with grain of yen

September 3, 2026 6:54 AM UTC

Good 30yr auction supports notion of better Japan buying, shifting JPY sentiment
Upside on Swiss CPI stems an oversold CHF, although remains the low CPI, low rates counter

EUR/NOK flows: Norges Bank holds as expected, slightly less hawkish but reserves judgement

August 13, 2026 8:09 AM UTC

Norges as expected, on hold and notes inflation undershoot
It reserves judgement but overall slightly less hawkish
Outlook ultimately depends on global backdrop over next few quarters

EUR/USD, USD/CHF flows: will data reactions migrate more to CHF

August 3, 2026 3:01 PM UTC

Another robust ISM report
CHF may increasingly become the mkt's preferred way of expressing such data

EUR/NOK flows: Norges Bank sticks to script, but NOK focused more on Iran/oil

June 18, 2026 8:20 AM UTC

Norges sticks to script on upside inflation risks and likely need for a further hike
Yet it also acknowledges Iran deal and that energy drop could weaken pressures
Overall EUR/NOK still correcting 2026 downtrend on Iran/ ToT trade unwind/profit-taking 

GBP/USD Flows: UK drops income-tax hike plans ahead of November budget

November 14, 2025 1:33 AM UTC

UK drops income-tax hike plans ahead of November budget

USD/JPY flows: USD higher

September 3, 2025 5:33 AM UTC

Trump accuses China, Russia, North Korea of conspiring against USA

USD/JPY flows: Still no commitment from BoJ

September 2, 2025 2:07 AM UTC

BoJ's Himino says despite 3 rate hikes inflation still high, real rates still low

USD/JPY flows: Up and down

September 1, 2025 3:30 AM UTC

US Federal Appeals court rules that most of Trump's tariffs are illegal

USD/JPY flows: Headline Inflation Eases, Core-Core Didn't

August 29, 2025 3:21 AM UTC

Tokyo August headline CPI 2.6% y/y

USD/JPY flows: USD Softer to Start Thursday

August 28, 2025 1:19 AM UTC

USD begun on a soft note for Thursday

USD/JPY flows: USD gains

August 27, 2025 4:22 AM UTC

USD recovered Tuesday's losses

USD/JPY flows: Federal Reserve Governor Lisa Cook Sacked

August 26, 2025 1:27 AM UTC

Trump announced that he has dismissed Federal Reserve Governor Lisa Cook

USD/JPY flows: Rebound to Start the Week

August 25, 2025 1:37 AM UTC

USD/JPY rebound after Friday's slump

USD/JPY flows: Headline CPI Moderates, Core Doesn't

August 22, 2025 12:53 AM UTC

National headline CPI 3.1% y/y, so as core but core-core 3.4% 

USD/JPY flows: Quiet Thursday

August 21, 2025 5:07 AM UTC

Relatively quiet Thursday

USD/JPY flows: Trade data misses

August 20, 2025 5:21 AM UTC

Japan y/y Exports -2.6% vs -2.1% expected

USD/JPY flows: Make Peace, Not War

August 19, 2025 3:59 AM UTC

Japan PM calls for ceasefire and fair peace, weighs role in Ukraine security

USD/JPY flows: Trump-Putin Meeting Does not Sound Fruitful

August 18, 2025 1:24 AM UTC

The first Trump-Putin meeting a nothing burger

USD/JPY flows: Q2 GDP Better than Expected

August 15, 2025 1:38 AM UTC

Japan preliminary Q2 GDP +0.3% q/q

USD/JPY flows: JPY Gains

August 14, 2025 4:41 AM UTC

US Treasury Secretary Scott Bessent criticised Bank of Japan saying its time to hike rates

USD/JPY flows: Moderate PPI

August 13, 2025 4:21 AM UTC

Japan July PPI +0.2% m/m & +2.6% y/y
China hits Canadian canola with 75.8% tariffs

USD/JPY flows: Another 90 days for Chinese tariffs

August 12, 2025 1:08 AM UTC

Trump confirmed he extends China tariff pause for another 90 days

USD/JPY flows: Report that Nvidia, AMD to pay 15% export tax to US

August 11, 2025 12:59 AM UTC

Report that Nvidia, AMD to pay 15% export tax to US

USD/JPY flows: Got a refund

August 8, 2025 12:57 AM UTC

Japanese trade negotiator Akazawa got a refund

USD/JPY flows: Extra 15% tariff?

August 7, 2025 2:06 AM UTC

Reports that Trump is going to hit Japan with an extra 15% tariff

USD/JPY flows: Wage growth rebound

August 6, 2025 3:09 AM UTC

Japan ruling party LDP Taro Kono says higher rates are needed to bolster the yen
Labor Cash Earning 2.5% y/y

USD/JPY flows: More trade talks

August 5, 2025 3:58 AM UTC

Japan's Akazawa is yet to confirm the tariff agreement with the US

USD/JPY flows: Minor Rebound after Friday's Bloodbath

August 4, 2025 2:58 AM UTC

USD/JPY recovered minor Friday's losses

USD/JPY flows: Verbal Intervention Heard

August 1, 2025 5:00 AM UTC

Japan Finance Minister Kato says he is alarmed over FX moves, driven by speculators

USD/JPY flows: BoJ on hold as expected

July 31, 2025 4:33 AM UTC

BOJ leaves rate at 0.5% as expected

USD/JPY flows: Tsunami warning issued

July 30, 2025 5:12 AM UTC

Tsunami warnings have been issued across much of Japan's eastern coastline

USD/JPY flows: Trump shortens Russia-Ukraine peace deadline to 12 days

July 29, 2025 2:49 AM UTC

Trump shortens Russia-Ukraine peace deadline to 12 days

USD/JPY flows: Regional tension arises between Thailand and Cambodia

July 25, 2025 2:22 AM UTC

Thailand Evacuates Over 100,000 Amid Clashes with Cambodia

USD/JPY flows: Bessent's remark kept JPY supported

July 24, 2025 2:59 AM UTC

Bessent threatens Japan with 25% tariff if Trump is unhappy

USD/JPY flows: Mission Accomplished, Surprisingly

July 23, 2025 12:33 AM UTC

U.S. and Japan reached a trade deal
Likely 15% of tariffs

USD/JPY flows: Relative quiet session

July 22, 2025 4:27 AM UTC

Relative quiet session on Tuesday
A limited trade deal between the US and India is reportedly ruled out before 1 August

USD/JPY flows: Opened lower on Japanese election

July 21, 2025 3:12 AM UTC

Japan's LDP loses majority in the Upper house

USD/JPY flows: Elevated CPI

July 18, 2025 2:35 AM UTC

Japan June National CPI remain above 3%

USD/JPY flows: Verbal intervention appears

July 17, 2025 3:34 AM UTC

Japan Deputy Chief Cabinet Secretary Aoki: Concerned about speculative FX market movements

USD/JPY flows: Weekend election in focus

July 16, 2025 2:01 AM UTC

Nikkei reports that Prime Minister Ishiba's government risks losing its majority

USD/JPY flows: Approaching June High

July 15, 2025 2:12 AM UTC

USD/JPY fast approaching June 23 high at 148.02

USD/JPY flows: Volatile opening

July 14, 2025 12:49 AM UTC

The market opened lower on Trump's 30% tariff on EU and Mexico

USD/JPY flows: USD gains on Trump's tariff

July 11, 2025 4:17 AM UTC

USD gained strongly against major on Trump's tariff