USD, EUR, JPY flows: USD gains after PPI

November 14, 2024 2:02 PM UTC

PPI only marginally stronger than expected but the USD remains firm. However, furtehr gains may be more difficult, particularly against the JPY

USD, EUR, JPY, AUD flows: USD stays firm

November 14, 2024 7:55 AM UTC

USD gains continue but stretched against AUD and JPY

USD, EUR, JPY flows: USD slips back after CPI

November 13, 2024 1:40 PM UTC

US yields and the USD both fall despite CPI being bang in line with consensus. Scope for more JPY gains

USD, EUR, JPY flows: USD stays firm, JPY under pressure

November 13, 2024 7:57 AM UTC

US yields and the USD continue to rise. JPY weakness the feature overnight helped by further decline in equity risk premia to the lowest since 2002. 

EUR, USD flows: History suggests modest USD gains

November 6, 2024 1:11 PM UTC

Rising US yields supported the USD in 2016, and are likely to do so again now, but erhpas less substantially. 

EUR flows: EUR downside risks as 2 year yield drops

November 6, 2024 10:49 AM UTC

EUR 2 year yields drop after US election, possibly on tariff concers, suggesting EUR downside risks.

USD flows: ISM services data gives the USD a boost

November 5, 2024 3:08 PM UTC

Strongest index since November 2022

USD flows: Election scenarios for the USD

November 5, 2024 2:37 PM UTC

USD to gain on Trump victory, fall on Harris win

USD flows: USD firmer after data

October 30, 2024 1:37 PM UTC

Solid GDP and strong ADP underpin USD

EUR flows: EUR supported by strong GDP and CPI

October 30, 2024 9:11 AM UTC

Higher than expected German Q3 GDP and October CPI

EUR flows: EUR supported by strong Spanish data

October 30, 2024 8:17 AM UTC

Higher than expected Q3 GDP and October CPI

EUR, AUD flows: EUR supported by French GDP, AUD soft

October 30, 2024 7:49 AM UTC

EUR benefits from better than expected French Q3 GDP, but other Eurozone data awaited. AUD still under pressure but should find support on a 0.65 handle

EUR flows: EUR marginally firmer after IFO

October 25, 2024 8:21 AM UTC

IFO survey shows modest recovery in line with PMIs. EUR/USD edges higher and should hold support for now but upside limited

AUD, EUR, JPY flows: Quiet day ahead, AUD looks undervalued

October 25, 2024 7:03 AM UTC

No major calendar events today. AUD weakness remains puzzling. USD/JPY likely approaching a top

EUR flows: Bounce as German PMI improves, but upside limited

October 24, 2024 8:19 AM UTC

German PMI rises, offsetting French weakness. EUR bounces, but hard to see significant gains.

EUR flows: French PMI weak

October 24, 2024 7:25 AM UTC

French PMIs weak, EUR under pressure

USD flows: USD firmer on US data

October 17, 2024 12:44 PM UTC

USD/jpy breaks above 150 for the first time since July

EUR flows: EUR slips lower after ECB

October 17, 2024 12:34 PM UTC

ECB essentially as expected but EUR remains soft

USD flows: USD falls despite stronger CPI

October 10, 2024 12:43 PM UTC

US CPI strogner than expected but offset by higher initial claims

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

USD, JPY, EUR flows: USD firm, JPY weakness extends

October 9, 2024 1:46 PM UTC

USD strength and JPY weakness extends. Echoes of early summer and more JPY wekanes looks likely unless we see weaker US CPI data

NZD, EUR flows: NZD soft after RBNZ, EUR downside preferred

October 9, 2024 6:57 AM UTC

NZD weaker after RBNZ rate cut as a further 50bp is seen in November. EUR/USD holding up for now but yield spreads suggest downside risks.

USD flows: USD surges on strong employment report

October 4, 2024 12:52 PM UTC

USD sharply higher on unambiguously strong US employment report

USD, JPY flows: JPY firmer o/n helped by Ishiba comments

October 4, 2024 6:37 AM UTC

JPY recovers helped by Ishiba announcing economic package to escape deflation, but quiet market likely ahead of the US employment report.

USD flows: USD slips lower on softer PCE price data

September 27, 2024 1:19 PM UTC

USD generally softer after PCE price index rises only 0.1% in August. AUD and JPY favoured

EUR flows: EUR softer after weak French and Spanish CPI

September 27, 2024 8:50 AM UTC

French and Spanish CPI come in much weaker than expected in September at 1.5% and 1.7% respectively on an HICP basis, firming up expectations of an October ECB rate cut and pushing EUR/USD lower towards 1.11. But further declines will likely require higher US yields.

USD flows: USD up on PMIs

September 23, 2024 1:55 PM UTC

USD firms as US PMI compares positively to Europe

EUR, GBP, CHF, USD, JPY flows: EUR drops on weak PMIs

September 23, 2024 7:54 AM UTC

General PMI weakness in Germany and France undermines EUR, particularly against the safe havens

USD, CAD flows: USD slightly firmer after retail sales

September 17, 2024 1:17 PM UTC

US retial sales marginally on the firm side, underlying trend solid. Canadian CPI marginally weak. USD edges higher but focus on the Fed. 

EUR flows: EUR little affected by weak ZEW

September 17, 2024 9:42 AM UTC

ZEW survey very weak but EUR show little reaction. Nevertheless, it does suggest some downside risks.