NZD/USD flows: RBNZ Hold As Expected

July 9, 2025 3:06 AM UTC

RBNZ hold as expected

USD/JPY flows: JPY stay pressured

July 9, 2025 1:44 AM UTC

Nissan halts production of three models for Canada at two US plants due to tariffs

IMM Commitment of Traders Reports w/e July 1st

July 8, 2025 7:43 AM UTC

Net long JPY positioning slightly reduced but still large, EUR longs rising

AUD, JPY flows: AUD makes modest gains on RBA, JPY stays weak

July 8, 2025 6:59 AM UTC

AUD gains only modestly after RBA surprisingly leaves rates unchanged. JPY continues to decline against European currencies

AUD/USD flows: RBA Did not Cut

July 8, 2025 4:42 AM UTC

RBA did not cut, against market expectations 

USD/JPY flows: Trump's Tariff Remarks Continue

July 8, 2025 12:04 AM UTC

Trump says may adjust tariffs for some countries
Trump says August 1 tariff deadline is firm, but he is open to other ideas

USD, JPY flows: USD firmer after Trump announces 25% tariffs for Japan and Korea

July 7, 2025 5:02 PM UTC

Trump's announcement of 25% tariffs on Japan and South Korea has the USD generally firmer, though impact on USD/JPY was modest.

JPY flows: JPY weak as wage growth slows, but...

July 7, 2025 7:05 AM UTC

JPY weak as earnnigs growth comes in well below consensus, but yield spreads and risk premia still supportive

SEK, EUR flows: SEK recovering after stronger CPI, EUR supported by German production

July 7, 2025 6:46 AM UTC

SEK a little higher after Swedish CPI, German inductiral production suggests improving trend and could be EUR supportive 

AUD/USD flows: Choppy Start

July 7, 2025 4:16 AM UTC

Risk asset opened higher and chopped lower on Trump's tariff comment

JPY, CHF, EUR flows: USD back to near pre-employment levels, JPY still soft

July 4, 2025 6:55 AM UTC

USD has slipped back overnight and the JPY has recovered, but remains weak, especially versus CHF

AUD/USD flows: Risk asset calms

July 4, 2025 4:50 AM UTC

Market sentiment calms as Trump began to send tariff letters

USD flows: USD up on employment data

July 3, 2025 12:46 PM UTC

USD gains as payrolls come in slightly above consensus

USD flows: USD awaiting employment data

July 3, 2025 6:48 AM UTC

USD has recovered from post-ADP dip but risks on the downside

AUD/USD flows: Rangebound Session Except Antipodeans

July 3, 2025 5:32 AM UTC

Major FX range bound, not antipodeans

USD/JPY flows: Little Sign of a U.S. Japan trade deal

July 3, 2025 1:27 AM UTC

Trade deal optimism boost the market

USD, GBP flows: USD softer after weak ADP, GBP falling on fiscal concerns

July 2, 2025 1:23 PM UTC

USD lower on negative ADP report, GBP declines while UK yields rise on fiscal concerns and talk that Chancellor Reeves may resign

USD, JPY, CHF flows: JPY weaker on tariff threats, strong equities

July 2, 2025 6:35 AM UTC

JPY weakens as Trump threatens 30% tariff

AUD/USD flows: Equities performing individually

July 2, 2025 3:51 AM UTC

Australia retail sales missed

USD/JPY flows: Trump Brokering another ceasefire in Gaza

July 2, 2025 1:34 AM UTC

Trump says that Israel has agreed to a 60-day Gaza ceasefire proposal

USD flows: Mild recovery on Powell

July 1, 2025 2:28 PM UTC

USD up a little as Powell plays down scope for cuts

GBP flows: GBP softer as UK yields edge lower on Bailey

July 1, 2025 1:50 PM UTC

EUR/GBP heading up towards 0.86 as UK yields edge lower

USD, JPY flows: JPY starting to come to the party, but...

July 1, 2025 9:46 AM UTC

USD/JPY down fairly sharply today but JPY continues to lag well behind European currency strength. JPY still has the most potential for major long term gains

USD, CHF flows: USD continues to weaken, CHF leading

July 1, 2025 7:03 AM UTC

USD weakness continues with CHF making new 10 year highs

AUD/USD flows: Equities Broadly Positive

July 1, 2025 4:13 AM UTC

Major equity indexes broadly positive

USD/JPY flows: BoJ Tankan Report Better than Expected

July 1, 2025 1:55 AM UTC

The Q2 BoJ Tankan Index shows business resilience 

IMM Commitment of Traders Reports w/e June 24th

June 30, 2025 7:44 AM UTC

Net long JPY positioning slightly reduced but still large, EUR longs rising

EUR, USD flows: German sales weaker, EUR a little stretched

June 30, 2025 6:41 AM UTC

German retail sales disappoint, FX market generally steady but some risk of EUR/USD correcting lower

USD/CAD flows: Canada rescinds Digital Services Tax

June 30, 2025 4:42 AM UTC

Canada rescinds Digital Services Tax to advance broader trade negotiations with the US

USD/JPY flows: Trump whines about Japan Auto

June 30, 2025 2:16 AM UTC

Trump whining about unfair auto trade, wants Japan to buy more oil

USD flows: Softer after data, EUR leading

June 27, 2025 1:17 PM UTC

USD lower as prices rise more than expected and income and spending disappoint

USD flows: New highs in S&P supportive for USD/JPY

June 27, 2025 7:00 AM UTC

Quiet overnight session but equity strength keeping JPY under pressure

AUD/USD flows: Equities performing individually

June 27, 2025 3:59 AM UTC

More progress for US and China trade

USD/JPY flows: Tokyo CPI Treads Lower but still High

June 27, 2025 1:07 AM UTC

Tokyo Headline CPI 3.1%y/y

USD flows: USD makes modest gains after mixed data

June 26, 2025 12:52 PM UTC

US data mixed but net slightly stronger, USD makes some gains versus JPY

USD, CHF, EUR, JPY flows: USD weakness extends on Trump Fed talk

June 26, 2025 6:51 AM UTC

USD remains weak as WSJ reports Trump considering an early announcement of Powell's replacement as Fed Chair.

AUD/USD flows: Risk Sentiment Broadly Positive

June 26, 2025 4:03 AM UTC

Equity indexes broadly in the green
Reuters reported that the US is allowing ethane to be loaded and shipped to China

USD/JPY flows: USD Offered on Early Fed Chair Appointment Report

June 26, 2025 1:36 AM UTC

Wall Street Journal: Trump considers naming next Fed chair early

IMM Commitment of Traders Reports w/e June 17th

June 25, 2025 7:30 AM UTC

Net long JPY positioning slightly reduced but still large, EUR longs rising

USD, CHF, EUR, NOK flows: USD weakness may be overdone, CHF strength looks excessive

June 25, 2025 6:52 AM UTC

Better risk tone should mean CHF comes under pressure

USD/JPY flows: BoJ Speakers Hawkish

June 25, 2025 5:57 AM UTC

BOJ’s Tamura warns decisive rate hike may be needed
BOJ's Tamura: For now, I don't think we need an imminent rate hike

AUD/USD flows: Monthly CPI dropped to 2.1%

June 25, 2025 2:53 AM UTC

Australia CPI dropped to 2.1% in May

AUD/USD flows: Positive vibes

June 24, 2025 4:56 AM UTC

Major equity indexes gaining strongly on ceasefire

USD/JPY flows: Ceasefire brokered

June 24, 2025 2:51 AM UTC

Trump seems to be able to broker a ceasefire between Israel and Iran