USD flows: USD edges lower despite solid US data

August 15, 2025 1:12 PM UTC

US retail sale sand Empire survey on the strong side

JPY flows: JPY firm after stronger than expected Q2 GDP

August 15, 2025 6:40 AM UTC

Japanese GDP rose 0.3% q/q in Q2, supporting the JPY

USD flows: USD rises after stronger PPI

August 14, 2025 12:46 PM UTC

USD up after stronger PPI

USD/JPY flows: JPY Gains

August 14, 2025 4:41 AM UTC

US Treasury Secretary Scott Bessent criticised Bank of Japan saying its time to hike rates

USD flows: USD soft in early trade

August 13, 2025 7:50 AM UTC

USD weakening as equities extend gains on dovish Fed view

JPY, AUD flows: JPY soft, AUD firm as equities move to new highs

August 13, 2025 6:38 AM UTC

A new high in the S&P 500 overnight maintains the risk positive tone in FX markets

USD flows: USD slightly lower on broadly neutral data

August 12, 2025 12:40 PM UTC

US CPI data broadly as expected, with core a tad firm. USD generally lower

USD/JPY flows: Another 90 days for Chinese tariffs

August 12, 2025 1:08 AM UTC

Trump confirmed he extends China tariff pause for another 90 days

USD, JPY, CHF flows: JPY recovery has legs, CHF under a little pressure

August 4, 2025 7:33 AM UTC

Quiet start, CHF softer, JPY has potential to gain more longer term

USD/JPY flows: Minor Rebound after Friday's Bloodbath

August 4, 2025 2:58 AM UTC

USD/JPY recovered minor Friday's losses

USD flows: USD hit by downward revisions to employment

August 1, 2025 1:14 PM UTC

Big downward revisions to May and June employment data undermine labour market perceptions and weaken the USD

USD, CAD, CHF, JPY flows: CAD, CHF hit by tariffs, JPY still weak

August 1, 2025 7:12 AM UTC

CAD and CHF marginally weaker after higher tariff announcement, JPY still weak but verbal intervention has started

JPY flows: USD/JPY gains continue

July 31, 2025 1:00 PM UTC

USD/JPY continues higher with longer term trend traders potentially being squeezed

JPY flows: JPY firmer o/n but little impact from BoJ

July 31, 2025 6:42 AM UTC

USD/JPY a little lower overnight but decline came pre-BoJ. Increase in inflation forecast maintains lieklihood of future tightening, but little indication that tightening is imminent. 

USD flows: USD gains on stronger US data

July 30, 2025 12:43 PM UTC

US GDP above consensus, but H1 still quite soft. USD modestly firmer

EUR, USD, JPY, CAD flows: Better Eurozone data may provide some EUR support

July 30, 2025 6:56 AM UTC

Stornger French GDP and German retail sales help stabilise EUR

JPY flows: JPY under pressure again

July 25, 2025 9:05 AM UTC

EUR/JPY on an unprecedented ninth consecutive week of gains as risk sentiment remains buoyant, but valuation is extreme

USD/JPY flows: Regional tension arises between Thailand and Cambodia

July 25, 2025 2:22 AM UTC

Thailand Evacuates Over 100,000 Amid Clashes with Cambodia

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

USD/JPY flows: Bessent's remark kept JPY supported

July 24, 2025 2:59 AM UTC

Bessent threatens Japan with 25% tariff if Trump is unhappy

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

USD/JPY flows: Mission Accomplished, Surprisingly

July 23, 2025 12:33 AM UTC

U.S. and Japan reached a trade deal
Likely 15% of tariffs

JPY flows: JPY rallying without an obvious trigger

July 22, 2025 1:17 PM UTC

The JPY correction higher is overdue, and should have further to go, but weaker risk sentiment is needed to create a positive JPY trend

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

JPY flows: Recovery after election could extend, but...

July 21, 2025 6:39 AM UTC

JPY recovered after Upper House election result was less bad than feared, and correction can extend, but risk sentiment needs to weaken if JPY is to manage a sustained recovery.

USD/JPY flows: Opened lower on Japanese election

July 21, 2025 3:12 AM UTC

Japan's LDP loses majority in the Upper house

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

USD, JPY, EUR flows: JPY weakness continues as US data stays solid

July 18, 2025 6:46 AM UTC

JPY stays weak as equities hit new highs 

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

USD/JPY flows: Weekend election in focus

July 16, 2025 2:01 AM UTC

Nikkei reports that Prime Minister Ishiba's government risks losing its majority

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