FX Daily Strategy: Asia, July 10th

July 9, 2025 9:00 PM UTC

Equities firm despite tariff threat
JPY sees modest recovery after recent sharp losses
EUR and CHF may be more at risk from tariff announcements now
Potential for a NOK/SEK rally

FX Daily Strategy: APAC, July 10th

July 9, 2025 2:52 PM UTC

Equities firm despite tariff threat
JPY sees modest recovery after recent sharp losses
EUR and CHF may be more at risk from tariff announcements now
Potential for a NOK/SEK rally

FX Daily Strategy: N America, July 9th

July 9, 2025 8:44 AM UTC

NZD risks on the downside on RBNZ’s Hold
USD may get more support from FOMC minutes
JPY remains under pressure even though weakness looks overextended
GBP gaining little from perceived benefits from trade deals

FX Daily Strategy: Europe, July 9th

July 9, 2025 4:00 AM UTC

NZD risks on the downside on RBNZ’s Hold
USD may get more support from FOMC minutes
JPY remains under pressure even though weakness looks overextended
GBP gaining little from perceived benefits from trade deals

FX Daily Strategy: Asia, July 9th

July 8, 2025 9:00 PM UTC

NZD risks on the downside on RBNZ unless they turn more hawkish
USD may get more support from FOMC minutes
JPY remains under pressure even though weakness looks overextended
GBP gaining little from perceived benefits from trade deals

FX Daily Strategy: APAC, July 9th

July 8, 2025 2:48 PM UTC

NZD risks on the downside on RBNZ unless they turn more hawkish
USD may get more support from FOMC minutes
JPY remains under pressure even though weakness looks overextended
GBP gaining little from perceived benefits from trade deals

FX Daily Strategy: N America, July 8th

July 8, 2025 9:17 AM UTC

RBA surprisingly on hold
AUD may need hawkish comments to hold above 0.65
JPY weakness continues as equities remain firm
SEK gains on Monday look overdone

FX Daily Strategy: Europe, July 8th

July 8, 2025 5:47 AM UTC

RBA surprisingly on hold
AUD may need hawkish comments to hold above 0.65
JPY weakness continues as equities remain firm
SEK gains on Monday look overdone

FX Daily Strategy: Asia, July 8th

July 7, 2025 9:00 PM UTC

RBA to cut as expected
AUD may need hawkish comments to hold above 0.65
JPY weakness continues as equities remain firm
SEK gains on Monday look overdone

FX Daily Strategy: APAC, July 8th

July 7, 2025 3:27 PM UTC

RBA to cut as expected
AUD may need hawkish comments to hold above 0.65
JPY weakness continues as equities remain firm
SEK gains on Monday look overdone

FX Weekly Strategy: Europe, July 7th - 11th

July 7, 2025 9:04 AM UTC

USD focus switches back to tariffs
All outcomes possible but USD may be less vulnerable than it was
JPY weakness looks overdone
AUD may get mild support from RBA

FX Weekly Strategy: Europe, July 7th - 11th

July 7, 2025 4:02 AM UTC

USD focus switches back to tariffs
All outcomes possible but USD may be less vulnerable than it was
JPY weakness looks overdone
AUD may get mild support from RBA

FX Weekly Strategy: Asia, July 7th - 11th

July 6, 2025 9:00 PM UTC

USD focus switches back to tariffs
All outcomes possible but USD may be less vulnerable than it was
JPY weakness looks overdone
AUD may get mild support from RBA

FX Weekly Strategy: APAC, July 7th - 11th

July 6, 2025 5:00 PM UTC

USD focus switches back to tariffs
All outcomes possible but USD may be less vulnerable than it was
JPY weakness looks overdone
AUD may get mild support from RBA

FX Weekly Strategy: July 7th - 11th

July 4, 2025 3:01 PM UTC

USD focus switches back to tariffs
All outcomes possible but USD may be less vulnerable than it was
JPY weakness looks overdone
AUD may get mild support from RBA

FX Daily Strategy: N America, July 4th

July 4, 2025 9:00 AM UTC

Quiet day likely on US holiday
German orders unlikely to be of significant interest
USD recovery on employment report looks to be sufficient
JPY weakness still looks overdone
GBP to remain weak

FX Daily Strategy: Asia, July 4th

July 3, 2025 9:00 PM UTC

Quiet day likely on US holiday
German orders unlikely to be of significant interest
USD recovery on employment report looks to be sufficient
JPY weakness still looks overdone
GBP to remain weak

FX Daily Strategy: APAC, July 4th

July 3, 2025 3:00 PM UTC

Quiet day likely on US holiday
German orders unlikely to be of significant interest
USD recovery on employment report looks to be sufficient
JPY weakness still looks overdone
GBP to remain weak

FX Daily Strategy: N America, July 3rd

July 3, 2025 9:02 AM UTC

USD could suffer on weaker US employment report
USD/JPY likely to respond most to lower US yields
GBP struggling as UK fiscal policy continues to disappoint

FX Daily Strategy: Europe, July 3rd

July 3, 2025 3:35 AM UTC

USD could suffer on weaker US employment report
USD/JPY likely to respond most to lower US yields
GBP struggling as UK fiscal policy continues to disappoint

FX Daily Strategy: Asia, July 3rd

July 2, 2025 9:00 PM UTC

USD could suffer on weaker US employment report
USD/JPY likely to respond most to lower US yields
GBP struggling as UK fiscal policy continues to disappoint

FX Daily Strategy: APAC, July 3rd

July 2, 2025 3:01 PM UTC

USD could suffer on weaker US employment report
USD/JPY likely to respond most to lower US yields
GBP struggling as UK fiscal policy continues to disappoint

FX Daily Strategy: N America, July 2nd

July 2, 2025 8:58 AM UTC

USD may manage some recovery ahead of major data
GBP to remains under some downward pressure as BoE turns more dovish
CHF remains very expensive and hard to favour without significant geopolitical risk
AUD/CAD and NOK/SEK both have scope to gain

FX Daily Strategy: Europe, July 2nd

July 2, 2025 5:13 AM UTC

USD may manage some recovery ahead of major data
GBP to remains under some downward pressure as BoE turns more dovish
CHF remains very expensive and hard to favour without significant geopolitical risk
AUD/CAD and NOK/SEK both have scope to gain

FX Daily Strategy: Asia, July 2nd

July 1, 2025 9:00 PM UTC

USD may manage some recovery ahead of major data
GBP to remains under some downward pressure as BoE turns more dovish
CHF remains very expensive and hard to favour without significant geopolitical risk
AUD/CAD and NOK/SEK both have scope to gain

FX Daily Strategy: APAC, July 2nd

July 1, 2025 2:48 PM UTC

USD may manage some recovery ahead of major data
GBP to remains under some downward pressure as BoE turns more dovish
CHF remains very expensive and hard to favour without significant geopolitical risk
AUD/CAD and NOK/SEK both have scope to gain

FX Daily Strategy: N America, July 1st

July 1, 2025 9:01 AM UTC

Data looks unlikely to move markets
USD and JPY remain under pressure
CHF strength looks puzzling and excessive
GBP could be vulnerable to more dovish BoE comments

FX Daily Strategy: Europe, July 1st

July 1, 2025 3:27 AM UTC

Data looks unlikely to move markets
USD and JPY remain under pressure
CHF strength looks puzzling and excessive
GBP could be vulnerable to more dovish BoE comments

FX Daily Strategy: Asia, July 1st

June 30, 2025 9:00 PM UTC

Data looks unlikely to move markets
USD and JPY remain under pressure
CHF strength looks puzzling and excessive
GBP could be vulnerable to more dovish BoE comments

FX Daily Strategy: APAC, July 1st

June 30, 2025 3:08 PM UTC

Data looks unlikely to move markets
USD and JPY remain under pressure
CHF strength looks puzzling and excessive
GBP could be vulnerable to more dovish BoE comments

FX Weekly Strategy: June 30th - July 4th

June 30, 2025 8:45 AM UTC

US employment report the prime focus
Some risk of weaker numbers after higher claims figures from mid-May
General USD weakness remains hard to oppose
JPY could recover some ground on the crosses on weaker US data

FX Weekly Strategy: Europe, June 30th - July 4th

June 30, 2025 3:33 AM UTC

US employment report the prime focus
Some risk of weaker numbers after higher claims figures from mid-May
General USD weakness remains hard to oppose
JPY could recover some ground on the crosses on weaker US data

FX Weekly Strategy: Asia, June 30th - July 4th

June 29, 2025 9:00 PM UTC

US employment report the prime focus
Some risk of weaker numbers after higher claims figures from mid-May
General USD weakness remains hard to oppose
JPY could recover some ground on the crosses on weaker US data

FX Weekly Strategy: APAC, June 30th - July 4th

June 29, 2025 5:00 PM UTC

US employment report the prime focus
Some risk of weaker numbers after higher claims figures from mid-May
General USD weakness remains hard to oppose
JPY could recover some ground on the crosses on weaker US data

FX Weekly Strategy: June 30th - July 4th

June 27, 2025 3:04 PM UTC

US employment report the prime focus
Some risk of weaker numbers after higher claims figures from mid-May
General USD weakness remains hard to oppose
JPY could recover some ground on the crosses on weaker US data

FX Daily Strategy: N America, June 27th

June 27, 2025 9:12 AM UTC

Preliminary CPI data weaker in Japan, stronger in Europe
EUR/USD gains may not be over, but market is stretched near term
CAD could slip further on weak GDP

FX Daily Strategy: Asia, June 27th

June 26, 2025 9:00 PM UTC

Preliminary CPI data of limited relevance, but could extend JPY weakness
EUR/USD gains may not be over, but market is stretched near term
CAD could slip further on weak GDP

FX Daily Strategy: APAC, June 27th

June 26, 2025 2:55 PM UTC

Preliminary CPI data of limited relevance, but could extend JPY weakness
EUR/USD gains may not be over, but market is stretched near term
CAD could slip further on weak GDP

FX Daily Strategy: N America, June 26th

June 26, 2025 9:08 AM UTC

USD could slip on US claims data
Equity strength looks overdone
JPY weakness on the crosses is extreme, particularly versus CHF
SEK can slip back against EUR and NOK

FX Daily Strategy: Europe, June 26th

June 26, 2025 4:11 AM UTC

USD could slip on US claims data
Equity strength looks overdone
JPY weakness on the crosses is extreme, particularly versus CHF
SEK can slip back against EUR and NOK

FX Daily Strategy: Asia, June 26th

June 25, 2025 9:00 PM UTC

USD could slip on US claims data
Equity strength looks overdone
JPY weakness on the crosses is extreme, particularly versus CHF
SEK can slip back against EUR and NOK

FX Daily Strategy: APAC, June 26th

June 25, 2025 3:11 PM UTC

USD could slip on US claims data
Equity strength looks overdone
JPY weakness on the crosses is extreme, particularly versus CHF
SEK can slip back against EUR and NOK

FX Daily Strategy: N America, June 25th

June 25, 2025 9:07 AM UTC

Ceasefire Consistency in the Spotlight.
U.S. May New Home Sales unlikely to repeat April's strength.
BoJ Summary Unlikely to Provide Cues.
Could See a Stall in JPY Strength.

FX Daily Strategy: Europe, June 25th

June 25, 2025 3:54 AM UTC

Ceasefire Consistency in the Spotlight
U.S. May New Home Sales unlikely to repeat April's strength
BoJ Summary Unlikely to Provide Cues
Could See a Stall in JPY Strength