FX Daily Strategy

View:

February 18, 2025

FX Daily Strategy: Europe, February 18th
Paying Article

February 18, 2025 5:33 AM UTC

RBA cut by 25bps
GBP may be vulnerable to more weak employment data
SEK risks on the downside on CPI after rise in Swedish unemployment
CAD could slip lower with dip in core inflation rates

February 17, 2025

FX Daily Strategy: Asia, February 18th
Paying Article

February 17, 2025 10:00 PM UTC

AUD well supported into the RBA meeting
GBP may be vulnerable to more weak employment data
SEK risks on the downside on CPI after rise in Swedish unemployment
CAD could slip lower with dip in core inflation rates

FX Daily Strategy: APAC, February 18th
Paying Article

February 17, 2025 4:03 PM UTC

AUD well supported into the RBA meeting
GBP may be vulnerable to more weak employment data
SEK risks on the downside on CPI after rise in Swedish unemployment
CAD could slip lower with dip in core inflation rates

FX Weekly Strategy: February 17th - 21st
Paying Article

February 17, 2025 9:53 AM UTC

USD weakness may fade if market reconsiders recent events
Tariff threats remain despite delays
Ukraine hopes are still speculative
JPY and AUD look the best placed currencies

FX Weekly Strategy: Europe, February 17th - 21st
Paying Article

February 17, 2025 4:54 AM UTC

USD weakness may fade if market reconsiders recent events
Tariff threats remain despite delays
Ukraine hopes are still speculative
JPY and AUD look the best placed currencies

February 16, 2025

FX Weekly Strategy: Asia, February 17th - 21st
Paying Article

February 16, 2025 10:00 PM UTC

USD weakness may fade if market reconsiders recent events
Tariff threats remain despite delays
Ukraine hopes are still speculative
JPY and AUD look the best placed currencies

FX Weekly Strategy: APAC, February 17th - 21st
Paying Article

February 16, 2025 6:00 PM UTC

USD weakness may fade if market reconsiders recent events
Tariff threats remain despite delays
Ukraine hopes are still speculative
JPY and AUD look the best placed currencies

February 14, 2025

FX Weekly Strategy: February 17th - 21st
Paying Article

February 14, 2025 4:09 PM UTC

USD weakness may fade if market reconsiders recent events
Tariff threats remain despite delays
Ukraine hopes are still speculative
JPY and AUD look the best placed currencies

FX Daily Strategy: N America, February 14th
Paying Article

February 14, 2025 10:03 AM UTC

Some USD downside risks on retail sales
US yields fall back after post-CPI rise
Peace dividend from Ukraine could prove elusive
EUR strength relies on continued strong European equity market performance

FX Daily Strategy: Europe, February 14th
Paying Article

February 14, 2025 4:02 AM UTC

Some USD downside risks on retail sales
US yields fall back after post-CPI rise
Peace dividend from Ukraine could prove elusive
EUR strength relies on continued strong European equity market performance

February 13, 2025

FX Daily Strategy: Asia, February 14th
Paying Article

February 13, 2025 10:00 PM UTC

Some USD downside risks on retail sales
US yields fall back after post-CPI rise
Peace dividend from Ukraine could prove elusive
EUR strength relies on continued strong European equity market performance

FX Daily Strategy: APAC, February 14th
Paying Article

February 13, 2025 4:02 PM UTC

Some USD downside risks on retail sales
US yields fall back after post-CPI rise
Peace dividend from Ukraine could prove elusive
EUR strength relies on continued strong European equity market performance

FX Daily Strategy: N America, February 13th
Paying Article

February 13, 2025 9:54 AM UTC

USD PPI risks on the upside
EUR gains on Ukraine news 
JPY weakness looks stretched
GBP gains on GDP unlikely to extend

FX Daily Strategy: Europe, February 13th
Paying Article

February 13, 2025 4:30 AM UTC

US PPI risks on the upside
USD could extend Wednesdays gains, particularly against riskier currencies
JPY weakness and equity strength look unreliable
GBP vulnerable to weak GDP data

February 12, 2025

FX Daily Strategy: Asia, February 13th
Paying Article

February 12, 2025 10:00 PM UTC

US PPI risks on the upside
USD could extend Wednesdays gains, particularly against riskier currencies
JPY weakness and equity strength look unreliable
GBP vulnerable to weak GDP data

FX Daily Strategy: APAC, February 13th
Paying Article

February 12, 2025 4:14 PM UTC

US PPI risks on the upside
USD could extend Wednesdays gains, particularly against riskier currencies
JPY weakness and equity strength look unreliable
GBP vulnerable to weak GDP data

FX Daily Strategy: N America, February 12th
Paying Article

February 12, 2025 9:49 AM UTC

US CPI the focus but our forecasts are in line with consensus
Risks slightly biased to higher CPI, higher US yields and a higher USD
Higher inflation data mainly USD positive against the riskier currencies
JPY still looks biased higher in most scenarios

FX Daily Strategy: Europe, February 12th
Paying Article

February 12, 2025 4:57 AM UTC

US CPI the focus but our forecasts are in line with consensus
Risks slightly biased to higher CPI, higher US yields and a higher USD
Higher inflation data mainly USD positive against the riskier currencies
JPY still looks biased higher in most scenarios

February 11, 2025

FX Daily Strategy: Asia, February 12th
Paying Article

February 11, 2025 10:00 PM UTC

US CPI the focus but our forecasts are in line with consensus
Risks slightly biased to higher CPI, higher US yields and a higher USD
Higher inflation data mainly USD positive against the riskier currencies
JPY still looks biased higher in most scenarios

FX Daily Strategy: APAC, February 12th
Paying Article

February 11, 2025 3:53 PM UTC

US CPI the focus but our forecasts are in line with consensus
Risks slightly biased to higher CPI, higher US yields and a higher USD
Higher inflation data mainly USD positive against the riskier currencies
JPY still looks biased higher in most scenarios

FX Daily Strategy: N America, February 11th
Paying Article

February 11, 2025 9:32 AM UTC

Quietish Tuesday calendar – focus on Powell
USD risks slightly on the downside but little action seen ahead of CPI
Weak GDP limits NOK gains short term
CAD still vulnerable after tariff announcement

FX Daily Strategy: Europe, February 11th
Paying Article

February 11, 2025 5:12 AM UTC

Quietish Tuesday calendar – focus on Powell
USD risks slightly on the downside but little action seen ahead of CPI
NOK can build on Monday’s gains
CAD still vulnerable after tariff announcement

February 10, 2025

FX Daily Strategy: Asia, February 11th
Paying Article

February 10, 2025 10:00 PM UTC

Quietish Tuesday calendar – focus on Powell
USD risks slightly on the downside but little action seen ahead of CPI
NOK can build on Monday’s gains
CAD still vulnerable after tariff announcement

FX Daily Strategy: APAC, February 11th
Paying Article

February 10, 2025 4:12 PM UTC

Quietish Tuesday calendar – focus on Powell
USD risks slightly on the downside but little action seen ahead of CPI
NOK can build on Monday’s gains
CAD still vulnerable after tariff announcement

FX Weekly Strategy: February 10th-14th
Paying Article

February 10, 2025 9:31 AM UTC

Focus on Powell testimony and US CPI
Risks look to be towards higher US yields and a higher USD
JPY shoud continue to hold its own...
...but CAD still looks under threat
EUR and particularly GBP risks are on the downside

FX Weekly Strategy: Europe, February 10th-14th
Paying Article

February 10, 2025 5:06 AM UTC

Focus on Powell testimony and US CPI
Risks look to be towards higher US yields and a higher USD
JPY shoud continue to hold its own...
...but CAD still looks under threat
EUR and particularly GBP risks are on the downside

February 09, 2025

FX Weekly Strategy: Asia, February 10th-14th
Paying Article

February 9, 2025 10:00 PM UTC

Focus on Powell testimony and US CPI
Risks look to be towards higher US yields and a higher USD
JPY shoud continue to hold its own...
...but CAD still looks under threat
EUR and particularly GBP risks are on the downside

FX Weekly Strategy: APAC, February 10th-14th
Paying Article

February 9, 2025 6:00 PM UTC

Focus on Powell testimony and US CPI
Risks look to be towards higher US yields and a higher USD
JPY shoud continue to hold its own...
...but CAD still looks under threat
EUR and particularly GBP risks are on the downside

February 07, 2025

FX Weekly Strategy: February 10th-14th
Paying Article

February 7, 2025 3:46 PM UTC

Focus on Powell testimony and US CPI
Risks look to be towards higher US yields and a higher USD
JPY shoud continue to hold its own...
...but CAD still looks under threat
EUR and particularly GBP risks are on the downside

FX Daily Strategy: N America, February 7th
Paying Article

February 7, 2025 9:38 AM UTC

Mild USD downside risks on US employment report
JPY continues to look the most attractive currency
CAD needs a strong Canadian employment report to prevent a renewed decline
AUD still looks attractive
EUR/GBP looks set to stabilise near term

FX Daily Strategy: Europe, February 7th
Paying Article

February 7, 2025 4:32 AM UTC

Mild USD downside risks on US employment report
JPY continues to look the most attractive currency
CAD needs a strong Canadian employment report to prevent a renewed decline
AUD still looks attractive
EUR/GBP looks set to stabilise near term

February 06, 2025

FX Daily Strategy: Asia, February 7th
Paying Article

February 6, 2025 10:00 PM UTC

Mild USD downside risks on US employment report
JPY continues to look the most attractive currency
CAD needs a strong Canadian employment report to prevent a renewed decline
AUD still looks attractive
EUR/GBP looks set to stabilise near term

FX Daily Strategy: APAC, February 7th
Paying Article

February 6, 2025 4:00 PM UTC

Mild USD downside risks on US employment report
JPY continues to look the most attractive currency
CAD needs a strong Canadian employment report to prevent a renewed decline
AUD still looks attractive
EUR/GBP looks set to stabilise near term

FX Daily Strategy: N America, February 6th
Paying Article

February 6, 2025 9:54 AM UTC

GBP risks on the downside as BoE may signal deeper cuts than are priced in
EUR/SEK risks two way on Swedish CPI, but NOK/SEK still cheap
JPY the main beneficiary of declining US yields…
…but AUD the most attractive of the riskier currencies

FX Daily Strategy: Europe, February 6th
Paying Article

February 6, 2025 4:35 AM UTC

GBP risks on the downside as BoE may signal deeper cuts than are priced in
EUR/SEK risks two way on Swedish CPI, but NOK/SEK still cheap
JPY the main beneficiary of declining US yields…
…but AUD the most attractive of the riskier currencies

February 05, 2025

FX Daily Strategy: Asia, February 6th
Paying Article

February 5, 2025 10:00 PM UTC

GBP risks on the downside as BoE may signal deeper cuts than are priced in
EUR/SEK risks two way on Swedish CPI, but NOK/SEK still cheap
JPY the main beneficiary of declining US yields…
…but AUD the most attractive of the riskier currencies

FX Daily Strategy: APAC, February 6th
Paying Article

February 5, 2025 4:00 PM UTC

GBP risks on the downside as BoE may signal deeper cuts than are priced in
EUR/SEK risks two way on Swedish CPI, but NOK/SEK still cheap
JPY the main beneficiary of declining US yields…
…but AUD the most attractive of the riskier currencies

FX Daily Strategy: N America, February 5th
Paying Article

February 5, 2025 10:12 AM UTC

USD softer as tariffs off the menu
US data may put further downward pressure on the USD
CAD recovery looking overdone
GBP outperformance of the EUR may not last

FX Daily Strategy: Europe, February 5th
Paying Article

February 5, 2025 5:14 AM UTC

USD softer as tariffs off the menu
US data may put further downward pressure on the USD
CAD recovery looking overdone
GBP outperformance of the EUR may not last

February 04, 2025

FX Daily Strategy: Asia, February 5th
Paying Article

February 4, 2025 10:00 PM UTC

USD softer as tariffs off the menu
US data may put further downward pressure on the USD
CAD recovery looking overdone
GBP outperformance of the EUR may not last

FX Daily Strategy: APAC, February 5th
Paying Article

February 4, 2025 4:18 PM UTC

USD softer as tariffs off the menu
US data may put further downward pressure on the USD
CAD recovery looking overdone
GBP outperformance of the EUR may not last

FX Daily Strategy: N America, February 4th
Paying Article

February 4, 2025 9:57 AM UTC

JPY strength looks the clearest implication of recent developments
CAD weakness pauses, but upside limited
EUR should find support for now
GBP upside scope remains modest

FX Daily Strategy: Europe, February 4th
Paying Article

February 4, 2025 5:02 AM UTC

JPY strength looks the clearest implication of recent developments
CAD weakness likely to extend
EUR should find support for now
GBP upside scope remains modest

February 03, 2025

FX Daily Strategy: Asia, February 4th
Paying Article

February 3, 2025 10:00 PM UTC

JPY strength looks the clearest implication of recent developments
CAD weakness likely to extend
EUR should find support for now
GBP upside scope remains modest

FX Daily Strategy: APAC, February 4th
Paying Article

February 3, 2025 4:23 PM UTC

JPY strength looks the clearest implication of recent developments
CAD weakness likely to extend
EUR should find support for now
GBP upside scope remains modest

FX Weekly Strategy: February 3rd-7th
Paying Article

February 3, 2025 10:09 AM UTC

US employment report the main data focus
USD/JPY biased lower, EUR/USD more data dependent
CAD risks on the downside on tariff concerns
GBP has scope to weaken on BoE meeting

FX Weekly Strategy: Europe, February 3rd-7th
Paying Article

February 3, 2025 4:56 AM UTC

US employment report the main data focus
USD/JPY biased lower, EUR/USD more data dependent
CAD risks on the downside on tariff concerns
GBP has scope to weaken on BoE meeting

February 02, 2025

FX Weekly Strategy: Asia, February 3rd-7th
Paying Article

February 2, 2025 10:00 PM UTC

US employment report the main data focus
USD/JPY biased lower, EUR/USD more data dependent
CAD risks on the downside on tariff concerns
GBP has scope to weaken on BoE meeting

FX Weekly Strategy: APAC, February 3rd-7th
Paying Article

February 2, 2025 6:00 PM UTC

US employment report the main data focus
USD/JPY biased lower, EUR/USD more data dependent
CAD risks on the downside on tariff concerns
GBP has scope to weaken on BoE meeting

January 31, 2025

FX Weekly Strategy: February 3rd-7th
Paying Article

January 31, 2025 4:52 PM UTC

US employment report the main data focus
USD/JPY biased lower, EUR/USD more data dependent
CAD risks on the downside on tariff concerns
GBP has scope to weaken on BoE meeting