USD flows: Watching volatility, USD/EM, for pointers (DXY, AUD, EUR, GBP)

May 18, 2026 6:44 AM UTC

FX moves slow into various big figure correction levels, but USD squeeze remains the risk
Watching background pointers such as MOVE, USD/EM for broader risk aversion

USD flows: Bit of a dollar squeeze; stretched risk pullback

May 15, 2026 6:57 AM UTC

Dollar squeeze spreads after cable lead; stretched metals and risk mkt pull backs help broaden
Some s/t chart shifts seen, such as in NOK

NOK flows: Usual Monday oil bounce, EUR/NOK sitting on support

May 11, 2026 6:40 AM UTC

EUR/NOK still pressing support area after 'usual' weekend negative comments and oil bounce. More downside scope on spreads.

USD, JPY, EUR, NOK, CAD oil flows: Ever present weekend risk

May 8, 2026 9:02 AM UTC

Recent pattern of hope for the best, hedge for the worst heading into w/e

NOK flows: NOK rallies on Norges Bank rate hike

May 7, 2026 8:21 AM UTC

Norges Bank hikes the policy rateto 4.25%. NOK rallies as market had been split on probability of a hike. Scope for further NOK gains medium term

EUR, NOK flows: NOK supported by CPI, German output strong

January 9, 2026 7:30 AM UTC

NOK firmer after CPI comes in above consensus. EUR should find support from stronger German output

EUR/NOK, NOK/SEK: NOK to Uprate in 2026

December 29, 2025 11:30 AM UTC

We see EUR/NOK to 11.0 by end 2026.

NOK, SEK, JPY flows: SEK still firm after GDP decline, JPY weakness continues

December 10, 2025 7:51 AM UTC

SEK still strong despite drop in October GDP. JPY weakness continues, intervention likely necessary soon.

NOK, JPY flows: NOK firmer after CPI, JPY weaker on hopes of end to US shutdown

November 10, 2025 7:38 AM UTC

NOK rallies as CPI comes out strong in October. JPY weaker as risk rallies on hopes of end to US government shutdown

NOK flows: NOK marginally firmer after Norges Bank decision

November 6, 2025 9:12 AM UTC

NOK edges higher after Norges Bank leaves rates unchanged

AUD, CAD, NOK flows: Commodity currencies higher

October 28, 2025 3:02 PM UTC

Commodity currencies all higher in North America morning trading

NOK, JPY flows: NOK little changed after CPI, JPY makes modest recovery

October 10, 2025 6:54 AM UTC

Norwegna CPI much as expected, NOK remains in the centre of the range. JPY makes a modest recovery as political picture in Japan becomes more uncertain

USD, AUD, NOK, JPY flows: Equity strength supports riskier currencies, but...

September 15, 2025 6:51 AM UTC

Equity gains have helped AUD and NOK rise, but rising risk premia suggest JPY can catch up.

USD, NOK, SEK, JPY flows: Quiet markets ahead of US price data

September 10, 2025 6:47 AM UTC

FX markets briadly steady but JPY and NOK remain undervalued

NOK flows: NOK slightly higher after strong GDP

August 21, 2025 6:58 AM UTC

NOK has moved higher after stronger than expected GDP, but case for bigger gains remains

NOK flows: NOK marginally higher after Norges Bank leaves rates unchanged

August 14, 2025 8:12 AM UTC

Rates left unchanged as expected. Statement indicates view unchanged from June. NOK remains good longer term value

NOK flows: NOK recovered slighty on stronger CPI

August 11, 2025 6:39 AM UTC

July CPI slightly on the strong side, but NOK remains weak

EUR flows: EUR up as yields rise on Lagarde

July 24, 2025 12:42 PM UTC

Lagarde sounding less dovish, market now not fully pricing in any more easing this year. EUR firmer, but EUR/USD upside may be more limited than EUR gains on the crosses.

NOK, SEK, EUR flows: NOK marginally higher after CPI, tariff news awaited

July 10, 2025 6:44 AM UTC

NOK still has scope for gains after modest post CPI rise. Tariff news awaited

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

GBP, NOK flows: GBP and NOK find mild support from better GDP

May 15, 2025 6:47 AM UTC

UK Q1 GDP revised up, Norway Q1 GDP stronger than expected. GBP and NOK see mild gains, NOK has scope for more

NOK flows: NOK little changed after CPI

May 9, 2025 6:41 AM UTC

Norwegian CPI on the soft side, but NOK still good value

NOK, SEK, CAD, JPY flows: Potential for corrections

April 24, 2025 6:46 AM UTC

FX moves driven by the tariff driven risk sell off can correct in less volatile markets

EUR, USD, JPY, CHF, AUD, NOK flows: USD remains under pressure, risk steadier for now

April 14, 2025 7:06 AM UTC

USD still under pressure, risk sentiment stabilising but danger of renewed weakness

EUR, GBP, scandi flows: EUR and scandis firm as risk sentiment recovers

March 11, 2025 8:00 AM UTC

EUR recovering as equity futures bounce, GBP slips to 6 week low against the EUR. Scandis the best performers.

NOK flows: NOK gains on stronger CPI

March 10, 2025 7:42 AM UTC

Norwegian February CPI has come in much stronger than expected, and NOK has risen in response, but still has scope for further gains

USD, JPY, NOK, SEK flows: USD stabilising but downside risks remain. NOK/SEK weakness is extreme

February 26, 2025 7:43 AM UTC

USD reocvered modestly overnight but downside favoured as long as concerns about slowing growth persist. NOK/SEK testing 2024 lows and continues to look very undervalued.

NOK flows: NOK steady despite weak GDP

February 11, 2025 7:31 AM UTC

Norwegian GDP disappoints but NOK downside limited

USD, NOK, SEK flows: Focus on tariffs, scope for scandi gains

February 10, 2025 7:46 AM UTC

USD may benefit from latest tariff announcement. Scandis have upside scope

NOK flows: NOK little changed after Norges Bank

January 23, 2025 9:22 AM UTC

NOK steady as Norges Bank leaves rates unchanged but still has potential for recovery

NOK flows: Softer CPI but NOK still excellent value

January 10, 2025 7:44 AM UTC

Softer Norway CPI increases chance of March easng but NOK remains excellent value

NOK flows: NOK firmer after higher CPI

December 10, 2024 7:49 AM UTC

NOK makes some gains after CPI comes in above expectations, but scope for much larger recovery

CHF flows: EUR/CHF bounces on SNB comments

November 22, 2024 2:32 PM UTC

EUR/CHF back above opening levels after SNB chair Schlegel indicates potential for negative rates. But scope for CHF losses against the UR remains quite limited. CHF/JPY and CHF/NOK much more vulnerable

USD, CAD, EUR, JPY flows: USD reverses gains, CAD in focus

November 8, 2024 7:59 AM UTC

The rise in US yields and the USD after the election have largely been reversed, but equities remain elevated and commodity currencies have outperformed. But the CAD remains vulnerable if today's employment report is weak.

AUD, GBP, NOK flows: Risk negative start to the week

October 21, 2024 7:03 AM UTC

Risky currencies dip as Asia equities slip ahead of European open. AUD and NOK weakness looks overdone

NOK, SEK, JPY, EUR flows: NOK dips marginally on CPI, USD firm

October 10, 2024 6:48 AM UTC

Norwegian CPI weaker than expected, but reaction is mild USD remains strong against EUR and JPY

JPY, CHF, NOK flows: Risk sentiment improved o/n but NOK lags

September 26, 2024 6:45 AM UTC

More Chinese equity gains on reports of Chinese injection of capital into banks. JPY weak, most risky currencies better, but NOK under pressure. CHF a focus on SNB meeting today

NOK flows: NOK resilient after slightly softer CPI

September 10, 2024 6:27 AM UTC

NOK dips slightly on CPI but reocvers quickly and remains too weak relative to yield spreads

USD, EUR, JPY, AUD, NOK flows: Risk positive tone remains post FOMC

August 22, 2024 6:42 AM UTC

USD remains under general pressure but AUD may be the best performer while tone remains risk positive

EUR, JPY, GBP, NOK flows: Mildly more risk positive tone

August 12, 2024 6:30 AM UTC

Asia trading sees modest gains in the riskier currencies with safe havens edging lower

NOK, AUD flows: NOK little changed after CPI, AUD firm

August 9, 2024 6:27 AM UTC

NOK reverses initial post-CPI gain, but has upside scope. AUD firmer in better risk environment overnight, gains can extend