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

FX Daily Strategy: Asia, June 25th

June 24, 2025 3:55 PM 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: N America, June 24th

June 24, 2025 9:50 AM UTC

USD softer after Iran/Israel ceasefire and Fed Bowman July hints
JPY can extend recovery with  in the absence of more geopolitical shocks
CAD upside quite limited even though CPI risks are on the upside
EUR/GBP could extend rally if BoE speeches sound more dovish

FX Daily Strategy: Asia, June 24th

June 23, 2025 9:00 PM UTC

IFO to show small rise but little impact likely
JPY can extend recovery in the absence of more geopolitical shocks
CAD upside quite limited even though CPI risks are on the upside
EUR/GBP could extend rally if BoE speeches sound more dovish

FX Daily Strategy: APAC, June 24th

June 23, 2025 3:10 PM UTC

IFO to show small rise but little impact likely
JPY can extend recovery in the absence of more geopolitical shocks
CAD upside quite limited even though CPI risks are on the upside
EUR/GBP could extend rally if BoE speeches sound more dovish

FX Weekly Strategy: June 23rd-27th

June 23, 2025 8:51 AM UTC

Geopolitics Remain in the Spotlight
Slate of U.S. Data will otherwise dictate sentiment
And Likely See Choppy DXY
Followed By Canada CPI and GDP

FX Weekly Strategy: June 23rd-27th

June 23, 2025 4:33 AM UTC

Geopolitics Remain in the Spotlight
Slate of U.S. Data will otherwise dictate sentiment
And Likely See Choppy DXY
Followed By Canada CPI and GDP

FX Weekly Strategy:Asia, June 16th-20th

June 20, 2025 3:55 PM UTC

Geopolitics Remain in the Spotlight
Slate of U.S. Data will otherwise dictate sentiment
And Likely See Choppy DXY
Followed By Canada CPI and GDP

FX Daily Strategy: N America, June 20th

June 20, 2025 9:55 AM UTC

Geopolitical concerns likely to dominate on Friday
Scope for a JPY recovery on the crosses
USD to hold firm even if Philly Fed weak, especially versus EUR and scandis

FX Daily Strategy: Asia, June 19th

June 19, 2025 9:00 PM UTC

Geopolitical concerns likely to dominate on Friday
Scope for a JPY recovery on the crosses
GBP risks may be on the downside on retail sales
USD to hold firm even if Philly Fed weak, especially versus EUR and scandis

FX Daily Strategy: APAC, June 19th

June 19, 2025 3:14 PM UTC

Geopolitical concerns likely to dominate on Friday
Scope for a JPY recovery on the crosses
GBP risks may be on the downside on retail sales
USD to hold firm even if Philly Fed weak, especially versus EUR and scandis

FX Daily Strategy: N America, June 19th

June 19, 2025 8:55 AM UTC

Australia May Employment Missed
CHF unlikely to suffer much from SNB rate cut
GBP may recover slightly unless BoE sounds surprisingly dovish

FX Daily Strategy: Europe, June 19th

June 19, 2025 4:29 AM UTC

Australia May Employment Missed
CHF unlikely to suffer much from SNB rate cut
GBP may recover slightly unless BoE sounds surprisingly dovish

FX Daily Strategy: Asia, June 19th

June 18, 2025 9:00 PM UTC

AUD can gain support from employment data
CHF unlikely to suffer much from SNB rate cut
GBP may recover slightly unless BoE sounds surprisingly dovish

FX Daily Strategy: APAC, June 19th

June 18, 2025 3:06 PM UTC

AUD can gain support from employment data
CHF unlikely to suffer much from SNB rate cut
GBP may recover slightly unless BoE sounds surprisingly dovish

FX Daily Strategy: N America, June 18th

June 18, 2025 9:02 AM UTC

GBP edges up after CPI
SEK falls on Riksbank cut
USD to hold steady through FOMC
JPY weakness reaching extremes with risk premia likely close to lows

FX Daily Strategy: Europe, June 18th

June 18, 2025 5:11 AM UTC

GBP could slip if CPI dips
SEK can fall on Riksbank cut
USD to hold steady through FOMC
JPY weakness reaching extremes with risk premia likely close to lows

FX Daily Strategy: Asia, June 18th

June 17, 2025 9:00 PM UTC

GBP could slip if CPI dips
SEK can fall on Riksbank cut
USD to hold steady through FOMC
JPY weakness reaching extremes with risk premia likely close to lows

FX Daily Strategy: APAC, June 18th

June 17, 2025 3:10 PM UTC

GBP could slip if CPI dips
SEK can fall on Riksbank cut
USD to hold steady through FOMC
JPY weakness reaching extremes with risk premia likely close to lows

FX Daily Strategy: N America, June 17th

June 17, 2025 9:13 AM UTC

BoJ kept rates unchanged…
…but there is some possibility of an adjustment to QT
US retail sales may be mildly USD supportive
Recent GBP weakness may fade near term

FX Daily Strategy: Europe, June 17th

June 17, 2025 5:30 AM UTC

BoJ kept rates unchanged…
…but there is some possibility of an adjustment to QT
US retail sales may be mildly USD supportive
Recent GBP weakness may fade near term

FX Daily Strategy: Asia, June 17th

June 16, 2025 9:00 PM UTC

BoJ meeting offers no chance of a rate hike…
…but there is some possibility of an adjustment to QT
US retail sales may be mildly USD supportive
Recent GBP weakness may fade near term

FX Daily Strategy: APAC, June 17th

June 16, 2025 3:01 PM UTC

BoJ meeting offers no chance of a rate hike…
…but there is some possibility of an adjustment to QT
US retail sales may be mildly USD supportive
Recent GBP weakness may fade near term

FX Weekly Strategy: June 16th-20th

June 16, 2025 8:50 AM UTC

Geopolitics Remain in Spotlight
No change in rates or dots for FOMC 
Splits to Continue within BoE
SNB Toying With Being Negative
Norges Bank Policy Easing Schedule Clearer
Riksbank to Cut and Reassess Policy Outlook 

FX Weekly Strategy: Europe, June 16th-20th

June 16, 2025 5:18 AM UTC

Geopolitics Remain in Spotlight
No change in rates or dots for FOMC 
Splits to Continue within BoE
SNB Toying With Being Negative
Norges Bank Policy Easing Schedule Clearer
Riksbank to Cut and Reassess Policy Outlook 

FX Weekly Strategy: Asia, June 16th-20th

June 13, 2025 3:55 PM UTC

No change in rates or dots for FOMC 
Splits to Continue within BoE
SNB Toying With Being Negative
Norges Bank Policy Easing Schedule Clearer
Riksbank to Cut and Reassess Policy Outlook 

FX Daily Strategy: N America, June 13th

June 13, 2025 9:55 AM UTC

Israel attack on Iran sparks traditional safe haven reaction
Consumer Surveys Unlikely To Support USD
European CPI Could Trigger A Euro breakout
For JPY to Gain More Strength, Trade Positivity Needed