EEUR/USD failes to maintain initial gains on trade deal. EUR/JPY continues to advance towards all time high
EUR/USD flows: Deal
July 28, 2025 1:48 AM UTC
The E.U. and U.S. reach an agreement on trade
July 24, 2025
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.
EUR, GBP flows: GBP weaker on PMIs
July 24, 2025 8:58 AM UTC
Weaker UK PMI pushes GBP lower, but implications are limited near term
USD flows: USD weaker on trade deals
July 24, 2025 8:56 AM UTC
The USD has weakened on talk of trade deals, but underlying picture is unclear
July 23, 2025
JPY flows: JPY reverses initial gains on trade deal
July 23, 2025 6:42 AM UTC
JPY i nitially agins on trade deal, but positive equity market reaction and expectation of other deals helps the USD
July 22, 2025
USD flows: Risks to the downside as trade sentiment sours
July 22, 2025 6:38 AM UTC
A quiet calendar, but the ruling out of a trade deal with India before August 1st suggests a risk negative tone
July 18, 2025
USD flows: Recovery in housing starts of limited significance
July 18, 2025 12:41 PM UTC
USD may stabilise after data after softening through the European morning
July 16, 2025
USD flows: USD dips on weaker PPI
July 16, 2025 12:58 PM UTC
June PPI weaker than expected, sustaining the impression of subdued inflationary pressures despite tariffs. USD a touch weaker but positive equity market reaction suggests CHF vulnerable
July 15, 2025
JPY, EUR, USD flows: JPY still weak after softer US CPI
July 15, 2025 1:09 PM UTC
Lower US yields ought to be JPY supportive, but sentiment remains negative. USD otherwise softer versus AUD
JPY, EUR, USD flows: JPY still weak as equities stay firm
July 15, 2025 6:48 AM UTC
JPY weak despite higher JGB yields. New high in S&P500 futures
USD up a little as Powell plays down scope for cuts
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
June 30, 2025
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
June 27, 2025
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
June 26, 2025
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
