Overview - The USD was mixed with USD/JPY remaining firm but EUR/USD recovered from losses seen after the resignation of French PM Lecornu even with the EUR remaining lower on the European crosses.
October 03, 2025
North American Summary and Highlights 3 Oct
October 3, 2025 7:35 PM UTC
Overview - The USD slipped in the European morning but was mixed in North America after ISM services data.
This week's five highlights
October 3, 2025 10:00 AM UTC
U.S. Government Shutdown Starting October 1 Another Round of Trump Tariffs FOMC Minutes to show differing views on the future rates path And this Week's Fed Speakers Data Dependency Continues for RBA
October 02, 2025
North American Summary and Highlights 2 Oct
October 2, 2025 7:44 PM UTC
Overview - The USD slipped in the European morning but ended slightly firmer after the North American session.
October 01, 2025
North American Summary and Highlights 1 Oct
October 1, 2025 7:56 PM UTC
Overview - The USD was little changed, despite government shutdown concerns and weak ADP employment data.
September 30, 2025
North American Summary and Highlights 30 Sep
September 30, 2025 7:57 PM UTC
Overview - The USD was generally slightly softer, led by USD/JPY in the European morning.
September 29, 2025
North American Summary and Highlights 29 Sep
September 29, 2025 7:40 PM UTC
Overview - The USD was generally softer with a potential US government shutdown getting closer.
September 26, 2025
North American Summary and Highlights 26 Sep
September 26, 2025 7:23 PM UTC
Overview - The USD saw a modest correction from Thursday’s gains as US data eased inflationary worries somewhat.
This week's five highlights
September 26, 2025 10:00 AM UTC
This Week's Fed Speakers U.S. Initial Claims, GDP revisions, Durables and Trade all stronger than expected No Deadair For Trump SNB Staying at Zero Riksbank Delivers Final Rate Cut
September 25, 2025
North American Summary and Highlights 25 Sep
September 25, 2025 7:42 PM UTC
Overview - The USD rallied across the board following a strong set of US data.
September 24, 2025
North American Summary and Highlights 24 Sep
September 24, 2025 7:52 PM UTC
Overview - The USD was stronger across the board, though more due to a weak German IFO survey than strong US new home sales.
September 23, 2025
North American Summary and Highlights 23 Sep
September 23, 2025 7:47 PM UTC
Overview - The USD was slightly weaker, though held up better against the riskier currencies, after Fed’s Powell warned that there were no risk-free policy choices.
September 22, 2025
North American Summary and Highlights 22 Sep
September 22, 2025 7:38 PM UTC
Overview - In a subdued session with limited news the USD was mostly weaker.
September 19, 2025
North American Summary and Highlights 19 Sep
September 19, 2025 7:20 PM UTC
Overview - In a subdued session the USD saw gains versus JPY, CHF and GBP but slipped versus the CAD.
This week's five highlights
September 19, 2025 10:00 AM UTC
FOMC eases by 25bps, dots see two more 25bps moves this year BoJ Holding the lines Guillotine for Gilts after BOE Clear consensus to ease from Bank of Canada More Caution But Another Cut Flagged for Norges Bank This Year
September 18, 2025
North American Summary and Highlights 18 Sep
September 18, 2025 7:54 PM UTC
Overview - The USD was weaker in Europe but rebounded on stronger than expected US data. The GBP was slightly weaker after the BoE announcement.
September 17, 2025
North American Summary and Highlights 17 Sep
September 17, 2025 7:58 PM UTC
Overview - The USD dipped on the FOMC dots but fully reversed that move during Powell’s press conference, ending firmer.
September 16, 2025
North American Summary and Highlights 16 Sep
September 16, 2025 8:04 PM UTC
Overview - Despite positive data, the USD was weaker with Wednesday’s FOMC decision approaching.
September 15, 2025
North American Summary and Highlights 15 Sep
September 15, 2025 7:49 PM UTC
Overview - In a generally quiet session the USD was slightly softer.
September 12, 2025
North American Summary and Highlights 12 Sep
September 12, 2025 7:42 PM UTC
Overview - After a day of subdued trading, the USD was little changed.
This week's five highlights
September 12, 2025 10:00 AM UTC
Japanese PM Ishiba Resigned Under Party Pressure U.S. August CPI firmer than expected U.S. March 2025 Non-Farm Payroll Benchmark Revised Down And more political uncertainty in the U.S. Steady ECB Council Meeting
September 11, 2025
North American Summary and Highlights 11 Sep
September 11, 2025 7:40 PM UTC
Overview - The USD slipped on a sharp rise in initial claims, despite a slightly stronger than expected US CPI.
September 10, 2025
North American Summary and Highlights 10 Sep
September 10, 2025 7:39 PM UTC
Overview - The USD was little changed with a dip on a soft US PPI being quickly reversed.
September 09, 2025
North American Summary and Highlights 9 Sep
September 9, 2025 7:39 PM UTC
Overview - USD/JPY slipped in Europe but rebounded in North America as the US advanced generally.
September 08, 2025
North American Summary and Highlights 8 Sep
September 8, 2025 7:44 PM UTC
Overview - The USD was marginally lower in a day of limited news other than French PM Bayrou losing a no-confidence vote, which was not a surprise to the markets.
Asia Summary and Highlights 6 Sep
September 8, 2025 5:05 AM UTC
Japanese PM Ishiba resigned over the weekend
September 05, 2025
North American Summary and Highlights 5 Sep
September 5, 2025 7:36 PM UTC
Overview - The USD was marginally lower ahead of the US employment report and extended losses on weak data. USD/CAD was an exception, with Canada’s employment report even weaker than the US one.
This week's five highlights
September 5, 2025 10:00 AM UTC
Trump Keep the Ball Rolling U.S. August Non-Farm Payrolls Similar to July's This Week's Fed Speakers More consolidation for DXY EZ HICP Headline Inflation Edges Higher
September 04, 2025
North American Summary and Highlights 4 Sep
September 4, 2025 7:46 PM UTC
Overview - The USD was marginally firmer ahead of the non-farm payroll, though Thursday’s US data was mixed.
September 03, 2025
North American Summary and Highlights 3 Sep
September 3, 2025 7:46 PM UTC
Overview - The USD was generally slightly softer, particularly after weaker US job openings data.
September 02, 2025
North American Summary and Highlights 2 Sep
September 2, 2025 7:34 PM UTC
Overview - The USD advanced in Europe, most prominently versus the GBP as fiscal policy worries escalated.
August 29, 2025
North American Summary and Highlights 29 Aug
August 29, 2025 7:20 PM UTC
Overview - The USD opened the North American session firmer but was unable to sustain it gains.
This week's five highlights
August 29, 2025 10:00 AM UTC
Jackson Hole Review Fed Independence Challenged By Trump This Week's Fed Speakers All Lead to USD Chopping Lower India–US Trade Talks Stalled
August 28, 2025
North American Summary and Highlights 28 Aug
August 28, 2025 7:44 PM UTC
Overview - In a subdued session the USD was slightly softer despite positive US economic data.
August 27, 2025
North American Summary and Highlights 27 Aug
August 27, 2025 7:29 PM UTC
Overview - Modest USD gains in the European morning were fully erased in North America, with little fresh news but focus on the Fed.
August 26, 2025
North American Summary and Highlights 26 Aug
August 26, 2025 7:58 PM UTC
Overview - The USD remained under some pressure due to Trump threats to Fed independence.
August 25, 2025
North American Summary and Highlights 25 Aug
August 25, 2025 7:54 PM UTC
Overview - The USD was generally stronger, particularly versus the EUR due to French political concerns.
August 22, 2025
This week's five highlights
August 22, 2025 10:00 AM UTC
No Ceasefire Agreement from Trump-Putin Summit Slow Progress for U.S./China Trade Deal Riksbank Still Flagging Final Rate Cut RBNZ Guidance with Dovish Surprise UK CPI Pull Even Higher by Special Factors
August 15, 2025
North American Summary and Highlights 15 Aug
August 15, 2025 7:51 PM UTC
Overview - The USD was generally weaker, but stabilized in North America after falling in Europe.
This week's five highlights
August 15, 2025 10:00 AM UTC
U.S. July CPI a marginal disappointment This Week's Fed Speakers RBA Cut 25bps as expected Job Concerns Growing for Norges Bank Fresh Upside Growth Surprise for UK GDP
August 14, 2025
North American Summary and Highlights 14 Aug
August 14, 2025 7:52 PM UTC
Overview - GBP made gains on UK GDP data but the USD rose across the board after a strong US PPI.
August 13, 2025
North American Summary and Highlights 13 Aug
August 13, 2025 7:48 PM UTC
Overview - The USD was softer on Fed easing expectations, with most of the move seen in Europe.
August 12, 2025
North American Summary and Highlights 12 Aug
August 12, 2025 7:41 PM UTC
Overview - The USD slipped after near consensus US CPI data. Labor market data earlier gave support to the GBP.
August 11, 2025
North American Summary and Highlights 11 Aug
August 11, 2025 8:01 PM UTC
Overview - In a session with limited news the USD was broadly stronger.
August 08, 2025
North American Summary and Highlights 8 Aug
August 8, 2025 7:41 PM UTC
Overview - In a quiet day the USD/JPY advanced in Europe and USD/CAD was lifted by a weak Canadian employment report.
This week's five highlights
August 8, 2025 10:00 AM UTC
Trump Tougher Posture with Russia And His Barrage of New Tariffs Are Dragging the DXY Lower This Week's Fed Speakers Trump Tougher Posture with Russia
August 07, 2025
North American Summary and Highlights 7 Aug
August 7, 2025 7:56 PM UTC
Overview - GBP bounced after a narrower than expected BoE vote for easing. Elsewhere moves were modest.
August 06, 2025
North American Summary and Highlights 6 Aug
August 6, 2025 7:46 PM UTC
Overview - The USD was generally weaker, assisted by a more dovish tone from Fed’s Kashkari and Cook.
August 05, 2025
North American Summary and Highlights 5 Aug
August 5, 2025 7:38 PM UTC
Overview - The USD rose in Europe led by USD/JPY, but slipped in North America, led by EUR/USD.
August 04, 2025
North American Summary and Highlights 4 Aug
August 4, 2025 7:18 PM UTC
Overview - It was a subdued day in FX markets though USD/JPY was slightly softer despite gains in equities.
