USD, EUR, JPY flows: USD lower on ISM

April 1, 2025 2:16 PM UTC

A weak ISM survey pulling the USD lower against the JPY in particular

USD, EUR, JPY flows: Tariffs awaited

April 1, 2025 6:47 AM UTC

A quiet calendar today with tomorrow's reciprocal tariff announcement the main focus

USD, JPY, EUR flows: JPY gains as risk weakens

March 31, 2025 6:46 AM UTC

Weaker equities and lower yields on tariff concerns supporting JPY gains

USD/JPY flows: Drop on the opening bell

March 31, 2025 1:52 AM UTC

More tough talk from the tariff man

USD flows: USD weaker with equities and bond yields

March 28, 2025 2:31 PM UTC

The USD is weakenin gin early US trading with bond yields and equities both lower, although the underlying cause is unclear

USD/JPY flows: Tokyo CPI Stays elevated

March 28, 2025 1:03 AM UTC

Tokyo February headline CPI +2.9% y/y 

USD flows: USD staying soft as confidence declines further

March 25, 2025 2:26 PM UTC

USD weaker in early US and the lower than expected Conference Board consumer confidence index should sustain the weaker tone. 

EUR, USD, JPY flows: EUR focus on IFO, USD strength dependent on equities

March 25, 2025 7:47 AM UTC

EUR may continue to drift lower unless IFO surprises on the upside. JPY weakness dependent on continued US equity gains

USD flows: USD up after stronger PMI

March 24, 2025 2:31 PM UTC

USD gains across the board on stronger PMI, but gains look a little stretched, particularly versus the JPY

EUR, USD, JPY flows: Focus on PMIs

March 24, 2025 7:34 AM UTC

The EUR was firmer overnight helped by a better general risk tone, but the focus is now on the PMIs 

USD, JPY flows: Softer JPY overnight hard to justify

March 21, 2025 7:36 AM UTC

JPY weakened overnight despite lower equities and stronger Japanese inflation

USD/JPY flows: Headline CPI Stays Elevated

March 21, 2025 1:10 AM UTC

Japan February National Headline CPI 3.7% 

USD flows: USD firm after neutral US data

March 20, 2025 12:38 PM UTC

USD holding its firm tone with data still showing a solid labour market

JPY flows: JPY benefiting from lower US yields and geopolitics

March 20, 2025 8:08 AM UTC

JPY strengthening on the back of lower US yields 

JPY, CHF, EUR, TRY flows: Safe havens benefit as TRY sells off

March 19, 2025 8:15 AM UTC

Safe haven rising as TRY sells off on detention of mayor of Istanbul

JPY flows: JPY mildly supported by Ueda press conference

March 19, 2025 7:38 AM UTC

Ueda mildly hawksih, JPY has upside scope in most scenarios

USD/JPY flows: BoJ kept rates unchanged

March 19, 2025 4:44 AM UTC

Bank of Japan leaves policy unchanged as expected

USD/JPY flows: Softens before BoJ

March 19, 2025 1:12 AM UTC

Japan February exports +11.4% y/y

JPY, AUD flows: JPY soft AUD strong as risk tone improves

March 18, 2025 7:55 AM UTC

USD/JPY correcting towards 150, AUD/USD threatening 0.64 resistance area

USD/JPY flows: Closer to 150

March 18, 2025 1:39 AM UTC

The rebound in USD/JPY is closing in on 150

USD flows: US data mixed, initial USD gains look unjustified

March 17, 2025 12:51 PM UTC

USD gain after the US data look hard to justify goven slowing retail sales trend and weak Empire survey

USD flows: USD mixed, focus on US data

March 17, 2025 7:49 AM UTC

Commodity currencies storng but USD makes gains against the JPY overnight. US retail sales and Empire Manufacturing survey in focus

USD flows: USD initially rises slightly on weak UMich survey, but...

March 14, 2025 2:15 PM UTC

The University of Michigan confidence surey for March makes worrying reading with inflation expectations rising strongly again and confidence weakening further. Initial USD gains may not hold

GBP flows: GBP slips on weaker GDP

March 14, 2025 7:31 AM UTC

GBP lower as January GDP falls 0.1%

USD flows: USD firmer despite softer PPI

March 13, 2025 1:29 PM UTC

USD moves higher as equities and yields rise after softer PPI

JPY flows: JPY supported by hawkish BoJ and weaker equities

March 13, 2025 7:59 AM UTC

JPY resumes gains as equities slip and Ueda maintains hawkish stance

USD, EUR, JPY flows: USD recovers after initial post-CPI dip

March 12, 2025 1:47 PM UTC

USD recovering in more positive risk environment despite softer CPI

USD, CAD, EUR, JPY flows: USD recovers as JPY corrects lower

March 12, 2025 7:52 AM UTC

USD recovering modestly in moe neutral risk environment. EUR/JPY back in line with the historic risk premium correlation

JPY flows: JPY continues to make gains

March 10, 2025 11:02 AM UTC

JPY strength continues as yield spreads narrow and equities weaken

USD/JPY flows: Solid Wage Growth

March 10, 2025 1:02 AM UTC

Labour Cash Earnings +2.8% y/y

USD, EUR, JPY flows: USD a little weaker after employment report

March 7, 2025 1:46 PM UTC

The employment report was marginally weaker than expected, and the USD has slipped lower in response, but we doubt we will see USD weakness extend further today

USD, EUR, JPY flows: EUR staying firm despite weaker German orders, JPY strong despite Kato comments

March 7, 2025 7:55 AM UTC

USD mixed overnight, gaining against the commodity currencies but falling against the EUR and JPY. But it may be ripe for a correction if the employment report is solid

USD, EUR, JPY flows: EUR marginally fimer after ECB, USD remains under pressure

March 6, 2025 2:23 PM UTC

ECB rate cut as expected, statement and comments broadly neutral. USD still under pressure

USD/JPY flows: Calm tone chills JPY bids

March 6, 2025 5:12 AM UTC

USD/JPY recaptured 149 figure
The White House announced a one-month tariff reprieve for auto imports from Mexico and Canada