North American Summary and Highlights 27 November

November 27, 2024 8:07 PM UTC

Overview - The USD was generally softer despite the US data calendar providing few surprises. 

North American Summary and Highlights 26 November

November 26, 2024 8:24 PM UTC

Overview - The USD slipped into early North America from stronger levels seen in Asia on tariff concerns, but picked up subsequently ahead of FOMC minutes that were not seen as hawkish. 

North American Summary and Highlights 25 November

November 25, 2024 8:18 PM UTC

Overview - The USD was mostly weaker after the nomination of Scott Bessent for US Treasury Secretary. 

North American Summary and Highlights 15 November

November 15, 2024 8:48 PM UTC

Overview - USD/JPY was weaker following comments by Japanese Finance Minister Katsunobu Kato in Asia, but USD losses elsewhere were corrected after a mostly solid set of US data. 

North American Summary and Highlights 14 November

November 14, 2024 8:47 PM UTC

Overview - The USD was firmer in Europe but struggled to sustain gains on the US data. However, the USD saw renewed gains after Fed’s Powell suggested he was not in a hurry to ease rates. 

North American Summary and Highlights 13 November

November 13, 2024 8:39 PM UTC

Overview - The USD ended stronger, despite seeing a modest dip after US CPI came in on consensus. 

North American Summary and Highlights 12 November

November 12, 2024 8:45 PM UTC

Overview - The USD was stronger, supported by UST yields and a weaker German ZEW survey. 

North American Summary and Highlights 11 November

November 11, 2024 8:28 PM UTC

Overview - The USD advanced in Europe but was little changed in North America on Veterans’ Day. 

North American Summary and Highlights 8 November

November 8, 2024 8:15 PM UTC

Overview -
Europe saw USD/JPY weaker but the USD advanced in North America, if less so versus the JPY.

North American Summary and Highlights 7 November

November 7, 2024 8:52 PM UTC

Overview - 25bps easings from the BoE and FOMC generated only modest market reactions. 

North American Summary and Highlights 6 November

November 6, 2024 8:02 PM UTC

Overview - After gaining sharply on the election results in Asia the USD stabilized in Europe and North America. 

North American Summary and Highlights 5 November

November 5, 2024 8:27 PM UTC

Overview -
The USD was softer despite strong ISM services data, the move seen due to position squaring ahead of the election results.

North American Summary and Highlights 4 November

November 4, 2024 8:29 PM UTC

Overview - In a quiet day the USD was a little softer in Europe but recovered in North America. CHF had a strong day. 

North American Summary and Highlights 1 November

November 1, 2024 7:08 PM UTC

Overview - US employment was weaker than expected but the USD recovered from an initial dip seen on the data. 

North American Summary and Highlights 31 October

October 31, 2024 8:00 PM UTC

Overview - A weaker GBP on fiscal concerns was the main story of the day. The USD was softer versus EUR and JPY. 

North American Summary and Highlights 30 October

October 30, 2024 7:51 PM UTC

Overview - With Eurozone GDP and German inflation data stronger than expected, the EUR was the day’s strongest performer. 

North American Summary and Highlights 29 October

October 29, 2024 7:40 PM UTC

Overview - The USD saw some gains ahead of the US data but ended mixed and little changed overall. 

North American Summary and Highlights 28 October

October 28, 2024 7:47 PM UTC

Overview - USD/JPY continued to show volatility but the USD was little changed overall in a slow news day. 

North American Summary and Highlights 25 October

October 24, 2024 7:43 PM UTC

Overview - While there was little significant news, the USD was broadly, if modestly, stronger. 

North American Summary and Highlights 23 October

October 23, 2024 7:49 PM UTC

Overview - The USD advanced versus JPY, GBP and AUD, but was little changed versus the EUR and CAD, with a 50bps Bank of Canada easing being as the market expected. 

North American Summary and Highlights 22 October

October 22, 2024 7:54 PM UTC

Overview - The USD was slightly stronger in a quiet day with little US news but some ECB and BoE talk. 

North American Summary and Highlights 21 October

October 21, 2024 7:39 PM UTC

Overview - The USD was generally stronger, if led by USD/JPY, as UST yields rose. 

North American Summary and Highlights 18 October

October 18, 2024 8:02 PM UTC

Overview - GBP bounced on stronger than expected UK retail sales but could not sustain its gains versus the EUR as EUR and JPY both rose versus the USD after softer US housing data. 

North American Summary and Highlights 17 October

October 17, 2024 7:35 PM UTC

Overview - The USD advanced on strong US data, while the EUR was weaker after a 25bps ECB easing. 

North American Summary and Highlights 16 October

October 16, 2024 7:35 PM UTC

Overview - A weaker GDP was the main story after UK CPI came in below consensus. The USD was mostly firmer, though USD/CAD was an exception. 

North American Summary and Highlights 15 October

October 15, 2024 8:00 PM UTC

Overview - GBP was supported by labor market data but CAD losses on a softer CPI were not sustained. 

North American Summary and Highlights 14 October

October 14, 2024 7:57 PM UTC

Overview - In a quiet day the USD was mostly firmer, the gains coming largely before less dovish remarks from Fed’s Waller. 

North American Summary and Highlights 11 October

October 11, 2024 7:57 PM UTC

Overview - UK GDP was on consensus, US PPI soft and Canadian employment strong, but FX movement was limited. 

North American Summary and Highlights 10 October

October 10, 2024 7:30 PM UTC

Overview - The USD was little changed after rise in initial claims slightly outweighed an above consensus US CPI, with comments from Fed’s Bostic later giving the USD some support. 

North American Summary and Highlights 9 October

October 9, 2024 7:51 PM UTC

Overview - On another quiet day the USD saw support from Fed’s Logan but FOMC minutes had little impact. 

North American Summary and Highlights 8 October

October 8, 2024 7:38 PM UTC

Overview - In a quiet day a weaker CHF was the main move. JPY also lost a little ground after some early gains. 

North American Summary and Highlights 7 October

October 7, 2024 7:55 PM UTC

Overview - In a day with limited news, mild risk aversion was the main theme of trading. 

North American Summary and Highlights 4 October

October 4, 2024 7:47 PM UTC

Overview - The USD saw a sharp rise on a stronger than expected US employment report. 

North American Summary and Highlights 3 October

October 3, 2024 7:40 PM UTC

Overview - The main move of the day was dip in the GBP after comments from BoE Governor Bailey. CHF was also softer after Swiss CPI data. 

North American Summary and Highlights 2 October

October 2, 2024 7:42 PM UTC

Overview - USD/JPY was the main mover, supported by comments from BoJ’s Ueda and later US ADP employment data, rising above 146. Elsewhere moves were modest. 

North American Summary and Highlights 1 October

October 1, 2024 8:02 PM UTC

Overview - Focus was on an Iranian missile attack on Israel though FX reaction was eventually modest. 

North American Summary and Highlights 30 September

September 30, 2024 7:45 PM UTC

Overview - Dovish comments from Lagarde weighed on the EUR while less than dovish comments from Powell lifted the USD. 

North American Summary and Highlights 27 September

September 27, 2024 7:51 PM UTC

Overview - Ishiba’s election as Japanese PM sent the JPY higher. US data was soft, but the impact was modest. 

North American Summary and Highlights 26 September

September 26, 2024 7:49 PM UTC

Overview - Despite stronger than expected US data, the USD was mostly softer, though little changed versus JPY and CAD. 

North American Summary and Highlights 25 September

September 25, 2024 7:42 PM UTC

Overview - EUR/JPY again advanced in Europe, but the USD was stronger in North America after US new home sales exceeded expectations. 

North American Summary and Highlights 24 September

September 24, 2024 7:49 PM UTC

Overview - EUR/JPY advanced in Europe, but the USD fell in North America after weak consumer confidence data. 

North American Summary and Highlights 23 September

September 23, 2024 7:50 PM UTC

Overview - Weak European PMIs weighed on the EUR, though the USD was mostly softer elsewhere. 

North American Summary and Highlights 20 September

September 20, 2024 8:02 PM UTC

Overview - The JPY weakened after Ueda’s press conference, but the USD was little changed elsewhere. 

North American Summary and Highlights 19 September

September 19, 2024 7:33 PM UTC

Overview - Unchanged rates decisions gave some support to GBP and NOK. Data gave modest support to the USD. 

North American Summary and Highlights 18 September

September 18, 2024 8:02 PM UTC

Overview - A 50bps Fed easing initially saw the USD weaken but Fed signals in the dots and from Powell for a more cautious pace of easing going forward saw the losses more than fully reversed. 

North American Summary and Highlights 17 September

September 17, 2024 7:52 PM UTC

Overview - After a quiet European morning the USD saw some support from stronger than expected US data. 

North American Summary and Highlights 16 September

September 16, 2024 7:43 PM UTC

Overview - The USD was under some pressure in Europe but stabilized in North America with support from the Empire State survey, seeing some gains versus JPY and CAD. 

North American Summary and Highlights 13 September

September 13, 2024 7:39 PM UTC

Overview - The USD was pressured by reports the FOMC was considering a 50bps easing at the forthcoming meeting, though stronger Michigan CSI data helped the USD to stabilize.

North American Summary and Highlights 12 September

September 12, 2024 7:46 PM UTC

Overview - The ECB eased by 25bps as expected, but EUR/USD moved higher with the USD mostly softer despite a stronger than expected US PPI with a WSJ report keeping the 25bps versus 50bps FOMC debate alive.