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

EUR, GBP flows: PMIs unremarkable but GBP may gain some support

June 23, 2025 8:49 AM UTC

EUR a tad softer after PMIs, GBP may make more gains

JPY, USD, EUR, CHF flows: JPY the big loser overnight, PMI data of interest

June 23, 2025 6:52 AM UTC

JPY loses ground across the board overnight. Preliminary June PMIs of interest in the absence of escalation of the Middle East conflict

AUD/USD flows: Risk stays sour

June 23, 2025 5:50 AM UTC

Major equity indexes opened lower

USD/JPY flows: And it has begun

June 23, 2025 1:13 AM UTC

U.S. strike Iran nuclear site over the weekend

AUD/USD flows: Risk sentiment calmer on "two weeks"

June 20, 2025 5:30 AM UTC

The broader risk sentiment is more positive

USD/JPY flows: On/off headlines continue

June 20, 2025 3:13 AM UTC

Trump may give Iran’s supreme leader one last chance to give up nuclear

GBP flows: GBP lower after MPC votes 6-3 for no change in policy rate

June 19, 2025 11:16 AM UTC

BoE leaves rates unchanged but deputy governor Ramsden joins the established doves in voting for a rate cut. Nevertheless statement still suggetss rate cuts will be gradual, and GBP has already fallen significantly in the last week

CHF flows: EUR/CHF dips slightly after SNB cut

June 19, 2025 8:10 AM UTC

SNB cuts 25bps as generally expected. Small EUR/CHF dip due to minority view that SNB would cut rates to negative

USD flows: USD firmer on Fed and geopolitics

June 19, 2025 6:30 AM UTC

Mildly more hawkish fed and talk of US strike on Iran USD supportive 

USD/JPY flows: Japan drafting plans to cut long dated bond sales

June 19, 2025 4:17 AM UTC

Japan drafting plans to cut 20/30yr bond sales

SEK flows: SEK slips lower after Riksbank rate cut

June 18, 2025 7:55 AM UTC

Riksbank cuts rates as most expected, downgrades growth forecast and suggests scope for further easing

GBP flows: GBP slightly firmer after CPI

June 18, 2025 6:22 AM UTC

May CPI was only marginally firmer than consensus, but GBP was due a recovery after recent losses against the EUR

AUD/USD flows: Choppy market

June 18, 2025 5:10 AM UTC

The broad equity market remains choppy on geopolitical tension

USD/JPY flows: Trade balance Less Negative

June 18, 2025 12:47 AM UTC

Japanese Exports for May -1.7% y/y, Import -7.7% y/y

USD flows: Not much reaction to softer retail sales

June 17, 2025 12:46 PM UTC

May retail sales came in below consensus, but little FX reaction as trend is still solid

JPY, SEK flows: JPY soft, SEK has scope to weaken

June 17, 2025 7:08 AM UTC

JPY weakness looks extended, some scope for correction. SEK strength may falter after higher unemployment

USD/JPY flows: BoJ As Expected

June 17, 2025 4:43 AM UTC

BoJ keep rates unchanged as expected

USD/JPY flows: Trump Proposing Talks

June 17, 2025 3:32 AM UTC

Trump is proposing talks with Iran this week on nuclear deal, ceasefire
G7 statement: We have been consistently clear that Iran can never have a nuclear weapon 

IMM Commitment of Traders Reports w/e June 10th

June 16, 2025 7:25 AM UTC

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

AUD/USD flows: Equities close opening gap

June 16, 2025 5:15 AM UTC

Major equity indexes close opening gap

USD/JPY flows: Haven Bids

June 13, 2025 4:12 AM UTC

Haven asset receive some nice bids 
Partially retraced as session progress

AUD/USD flows: Blood in the streets

June 13, 2025 3:12 AM UTC

Israel begun "pre-emptive strike"
Iran looks set to retaliate 

AUD/USD flows: Risk sour

June 12, 2025 5:29 AM UTC

The broad risk sentiment is sour 

USD/JPY flows: USD weakens

June 12, 2025 1:43 AM UTC

US officials have been told Israel is fully ready to launch an operation into Iran

USD flows: US-China trade progress fails to impress

June 11, 2025 7:17 PM UTC

Even with a surprisingly subdued CPI to welcome, equities have not been as positive on the US-China trade progress as was Trump, with China’s 6-month limit on rare-earth export licenses suggesting they wish to maintain some leverage. USD weakness has resumed after the post-CPI dip was followed by

AUD/USD flows: No hype from U.S.-China Handshake

June 11, 2025 5:18 AM UTC

U.S. equity facing some sell the fact trade
Regional equities more upbeat

AUD/USD flows: Risk sentiment upbeat

June 10, 2025 4:26 AM UTC

Broad equity indexes in the green

USD/JPY flows: Ueda's remark weakens the JPY

June 10, 2025 2:09 AM UTC

Bank of Japan Governor Ueda says Bank has limited room to support growth with rate cuts