FX Daily Strategy: Asia, November 21st

November 20, 2024 10:00 PM UTC

Quiet day for data, some focus on equity earnings
CHF strength continues to extend
JPY still has upside scope

FX Daily Strategy: APAC, November 21st

November 20, 2024 4:42 PM UTC

Quiet day for data, some focus on equity earnings
CHF strength continues to extend
JPY still has upside scope

FX Daily Strategy: N America, November 20th

November 20, 2024 10:17 AM UTC

GBP firmer after CPI
JPY remains the favoured safe haven as risk appetite wanes on Russia concerns

FX Daily Strategy: Europe, November 20th

November 20, 2024 4:35 AM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: Asia, November 20th

November 19, 2024 10:00 PM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: APAC, November 20th

November 19, 2024 3:48 PM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: N America, November 19th

November 19, 2024 10:05 AM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: Europe, November 19th

November 19, 2024 4:05 AM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: Asia, November 19th

November 18, 2024 10:00 PM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: APAC, November 19th

November 18, 2024 4:04 PM UTC

CAD under pressure ahead of Canadian CPI
Further modest losses possible but positioning is extreme
GBP could soften if BoE hints at possibility of December rate cut

FX Daily Strategy: November 18th-22nd

November 18, 2024 10:06 AM UTC

USD strength to pause after initial post-election gains
Scope for some movement on the crosses
JPY disappointed by Ueda speech 
GBP could suffer on weak CPI
CAD might recover if CPI comes in stronger

FX Daily Strategy: Europe, November 18th-22nd

November 18, 2024 4:04 AM UTC

USD strength to pause after initial post-election gains
Scope for some movement on the crosses
JPY disappointed by Ueda speech 
GBP could suffer on weak CPI
CAD might recover if CPI comes in stronger

FX Daily Strategy: Asia, November 18th-22nd

November 17, 2024 10:00 PM UTC

USD strength to pause after initial post-election gains
Scope for some movement on the crosses
JPY focused on Ueda speech on Monday
GBP could suffer on weak CPI
CAD might recover if CPI comes in stronger

FX Daily Strategy: APAC, November 18th-22nd

November 17, 2024 6:00 PM UTC

USD strength to pause after initial post-election gains
Scope for some movement on the crosses
JPY focused on Ueda speech on Monday
GBP could suffer on weak CPI
CAD might recover if CPI comes in stronger

FX Daily Strategy: November 18th-22nd

November 15, 2024 4:32 PM UTC

USD strength to pause after initial post-election gains
Scope for some movement on the crosses
JPY focused on Ueda speech on Monday
GBP could suffer on weak CPI
CAD might recover if CPI comes in stronger

FX Daily Strategy: N America, November 15th

November 15, 2024 10:12 AM UTC

US retail sales to maintain impression of solid US growth
USD should hold firm but gains becoming harder to make
AUD to outperform EUR
JPY weakness unlikely to turn without weaker US data or equities
GBP may see short term dip on GDP but EUR/GBP remains well offered

FX Daily Strategy: Asia, November 15th

November 14, 2024 10:00 PM UTC

US retail sales to maintain impression of solid US growth
USD should hold firm but gains becoming harder to make
AUD to outperform EUR
JPY weakness unlikely o turn without weaker US data or equities
GBP may see short term dip on GDP but EUR/GBP remains well offered

FX Daily Strategy: APAC, November 15th

November 14, 2024 3:37 PM UTC

US retail sales to maintain impression of solid US growth
USD should hold firm but gains becoming harder to make
AUD to outperform EUR
JPY weakness unlikely o turn without weaker US data or equities
GBP may see short term dip on GDP but EUR/GBP remains well offered

FX Daily Strategy: N America, November 14th

November 14, 2024 10:05 AM UTC

USD strength still the theme
Mild downside USD risk on PPI
JPY weakness getting to near intervention levels
AUD should outperform EUR

FX Daily Strategy: Europe, November 14th

November 14, 2024 4:04 AM UTC

USD strength still the theme
Mild downside USD risk on PPI
JPY weakness getting to near intervention levels
AUD should outperform EUR

FX Daily Strategy: Asia, November 14th

November 13, 2024 10:00 PM UTC

USD strength still the theme
Mild downside USD risk on PPI
JPY weakness getting to near intervention levels
AUD should outperform EUR

FX Daily Strategy: APAC, November 14th

November 13, 2024 4:11 PM UTC

USD strength still the theme
Mild downside USD risk on PPI
JPY weakness getting to near intervention levels
AUD should outperform EUR

FX Daily Strategy: N America, November 13th

November 13, 2024 10:20 AM UTC

US CPI the focus but limited scope for reaction
USD still gripped by post-election bullishness
EUR/USD still has downside risks
USD/JPY upside more constrained
JPY weakness supported by low equity risk premia, but can they last?

FX Daily Strategy: Europe, November 13th

November 13, 2024 4:01 AM UTC

US CPI the focus but limited scope for reaction
USD still gripped by post-election bullishness
EUR/USD still has downside risks
USD/JPY upside more constrained
JPY weakness supported by low equity risk premia, but can they last?

FX Daily Strategy: Asia, November 13th

November 12, 2024 10:00 PM UTC

US CPI the focus but limited scope for reaction
USD still gripped by post-election bullishness
EUR/USD still has downside risks
USD/JPY upside more constrained
JPY weakness supported by low equity risk premia, but can they last?

FX Daily Strategy: APAC, November 13th

November 12, 2024 4:05 PM UTC

US CPI the focus but limited scope for reaction
USD still gripped by post-election bullishness
EUR/USD still has downside risks
USD/JPY upside more constrained
JPY weakness supported by low equity risk premia, but can they last?

FX Daily Strategy: Asia, November 12th

November 11, 2024 10:00 PM UTC

UK labour market data important for BoE outlook
GBP remains biased higher against the EUR on neutral numbers
EUR/USD remains under pressure on tariff fears
2016 Trump victory suggests more USD gains to come

FX Daily Strategy: APAC, November 12th

November 11, 2024 4:02 PM UTC

UK labour market data important for BoE outlook
GBP remains biased higher against the EUR on neutral numbers
EUR/USD remains under pressure on tariff fears
2016 Trump victory suggests more USD gains to come

FX Weekly Strategy: November 11th-15th

November 11, 2024 10:02 AM UTC

Market unlikely to move sharply without more detail of Trump plans
USD still likely to remain well supported
GBP strength to be sustained unless labour market data is weak
Little reason for a significant EUR recovery
JPY could benefit further if we see solid Japanese Q3 GDP data

FX Weekly Strategy: Europe, November 11th-15th

November 11, 2024 3:39 AM UTC

Market unlikely to move sharply without more detail of Trump plans
USD still likely to remain well supported
GBP strength to be sustained unless labour market data is weak
Little reason for a significant EUR recovery
JPY could benefit further if we see solid Japanese Q3 GDP data

FX Weekly Strategy: Asia, November 11th-15th

November 10, 2024 10:00 PM UTC

Market unlikely to move sharply without more detail of Trump plans
USD still likely to remain well supported
GBP strength to be sustained unless labour market data is weak
Little reason for a significant EUR recovery
JPY could benefit further if we see solid Japanese Q3 GDP data

FX Weekly Strategy: APAC, November 11th-15th

November 10, 2024 6:00 PM UTC

Market unlikely to move sharply without more detail of Trump plans
USD still likely to remain well supported
GBP strength to be sustained unless labour market data is weak
Little reason for a significant EUR recovery
JPY could benefit further if we see solid Japanese Q3 GDP data

FX Weekly Strategy: November 11th-15th

November 8, 2024 3:54 PM UTC

Market unlikely to move sharply without more detail of Trump plans
USD still likely to remain well supported
GBP strength to be sustained unless labour market data is weak
Little reason for a significant EUR recovery
JPY could benefit further if we see solid Japanese Q3 GDP data

FX Daily Strategy: N America, November 8th

November 8, 2024 9:51 AM UTC

FOMC and Trump Trade Remains Spotlight
The Rebound in Overall Household Spending is needed for BoJ but no
Employment Changes Unlikely to Tilt the Loonie

FX Daily Strategy: Asia, November 8th

November 7, 2024 4:19 PM UTC

FOMC and Trump Trade Remains Spotlight
The Rebound in Overall Household Spending is needed for BoJ
Employment Changes Unlikely to Tilt the Loonie

FX Daily Strategy: Europe , November 7th

November 7, 2024 4:08 AM UTC

FOMC to cut rates but risks that expectations of a December cut are reduced
USD to extend gains, particularly versus the EUR
GBP vulnerable to increase in BoE easing expectations

FX Daily Strategy: Asia, November 7th

November 6, 2024 10:00 PM UTC

FOMC to cut rates but risks that expectations of a December cut are reduced
USD to extend gains, particularly versus the EUR
GBP vulnerable to increase in BoE easing expectations

FX Daily Strategy: APAC, November 7th

November 6, 2024 4:20 PM UTC

FOMC to cut rates but risks that expectations of a December cut are reduced
USD to extend gains, particularly versus the EUR
GBP vulnerable to increase in BoE easing expectations

FX Daily Strategy: N America, November 6th

November 6, 2024 10:32 AM UTC

USD up on likely Republican clean sweep
JPY to struggle on the crosses short term
Initial USD gains might fade as policy actions may be delayed

FX Daily Strategy: Europe, November 6th

November 6, 2024 4:54 AM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost

FX Daily Strategy: Asia, November 6th

November 5, 2024 10:00 PM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost

FX Daily Strategy: APAC, November 6th

November 5, 2024 3:51 PM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost

FX Daily Strategy: N America, November 5th

November 5, 2024 10:04 AM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost
AUD unfazed by RBA

FX Daily Strategy: Europe, November 5th

November 5, 2024 4:04 AM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost
AUD unfazed by RBA

FX Daily Strategy: Asia, November 5th

November 4, 2024 10:00 PM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost
AUD unlikely to be much affected by RBA

FX Daily Strategy: APAC, November 5th

November 4, 2024 4:04 PM UTC

Focus on US election
Trump win likely to be a small USD positive, Harris win a bigger USD negative
Clean sweep for Republicans would likely be more of a USD boost
AUD unlikely to be much affected by RBA