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

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

USD flows: Mild recovery on Powell

July 1, 2025 2:28 PM UTC

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 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

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.

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

USD, CAD flows: USD gains on employment report, CAD stronger still

June 6, 2025 12:49 PM UTC

USD gains on employment data look unreliable given downward revisions. CAD to sustain marginal rise. 

EUR, JPY flows: EUR supported by German data, JPY soft

June 6, 2025 6:44 AM UTC

Solid German production and orders data support more positive EUR tone post-ECB. JPY undermined by weak real wages and consumption.

EUR flows: EUR not much changed on ECB

June 5, 2025 12:44 PM UTC

ECB cuts poilcy rate and inflation forecasts but little EUR reaction

USD flows: Dip on higher claims

June 5, 2025 12:31 PM UTC

Initial claims rise puts USD on back foot

USD flows: USD dips further on weak ISM services

June 4, 2025 2:38 PM UTC

Weak ISM services keeps downward pressure on the USD

USD flows: USD dips on weak ADP

June 4, 2025 12:33 PM UTC

ADP much weaker than expected pulling the USD lower, especially against the JPY

EUR, GBP flows: Better bid on upward revisions in PMIs

June 4, 2025 8:58 AM UTC

EUR and GBP firmer after better PMIs

USD flows: USD still mid-range with mild downside bias

June 4, 2025 6:32 AM UTC

USD in the middle of the range seen in the last two months. More tariff news or significant data required for ranges to be tested

EUR flows: EUR/USD edges lower after softer CPI

June 3, 2025 9:13 AM UTC

Eurozoen CPI drops below target to 1.9%, but FX impact likely to be modest

USD, JPY, AUD flows: USD firmer overnight, JPY dips on Ueda, AUD soft

June 3, 2025 6:39 AM UTC

USD firmer in Asia with commodity currencies weaker. JPY dips on Ueda but net impact modest. Rangy trading to persist

USD flows: USD softer after ISM

June 2, 2025 2:25 PM UTC

ISM slightly on the soft side but USD weakness reflects the market's tendency rather than the data

USD flows: USD softer on tariff concerns

June 2, 2025 6:44 AM UTC

USD softer as Trump threatens product tariff increases

USD, CAD flows: USD softer, CAD firmer after data

May 30, 2025 12:52 PM UTC

USD softer in early US trade but little affected by US data. CAD firmer on stronger GDP

JPY, EUR flows: JPY higher on more risk negative tone, EUR edging down

May 30, 2025 6:40 AM UTC

JPY benefiting from weakening risk sentiment, stronger CPI. EUR slipping towards the centre of recent range

USD flows: USD lower as consumer spending revised down

May 29, 2025 12:52 PM UTC

USD lower as Q1 consumer spending revised down to just 1.2%

USD flows: USD gains on court tariff decision

May 29, 2025 6:52 AM UTC

USD up vs safe havens as court rues reciprocal tariffs illegal

EUR, USD flows: EUR falls as Trump proposes 50% tariff

May 23, 2025 12:22 PM UTC

The proposal of a 50% tariff on the EU to start on June 1 has hit the EUR

EUR, GBP flows: Data supportive of EUR and GBP

May 23, 2025 6:40 AM UTC

Strogn UK retail sales and upward revision in German GDP should underpin EUR and GBP

USD flows: USD gains some support from PMIs

May 22, 2025 1:58 PM UTC

Better US PMIs push the USD higher

USD flows: USD under pressure

May 22, 2025 6:40 AM UTC

USD weakens after Bessent/Kato meeting, PMIs in focus

USD flows: Michigan sentiemnt shows further decline in confidence, rise in inflaiton expectations

May 16, 2025 2:15 PM UTC

Disappointign University of Michigan survey ought to be negative for risk and the USD, despite initial reaction

EUR, USD flows: EUR continues to find support below 1.12

May 16, 2025 6:45 AM UTC

Strong European equity market performance underpins the EUR for now

USD flows: Trump lifts equites and USD, though signals are mixed

May 8, 2025 4:09 PM UTC

The US-UK trade deal is underwhelming, if welcome. Trump’s suggestion that tariffs on China could be lowered if talks scheduled this weekend go well is giving the USD a more significant lift, though Trump continues to give mixed signals, making tariff threats alongside a suggestion that equities b

EUR, GBP flows: EUR should gains support from German data, GBP firmer on trade deal hopes

May 8, 2025 6:24 AM UTC

German production data suggetss rising trend. Talk of US/UK trade deal should offset any concerns about weaker growth in the BoE MPR