CHF flows: CHF falls on weaker CPI

November 1, 2024 7:54 AM UTC

CHF falls sharply as October CPI comes in below consensus, but declines unlikely to extend far ahead of the US election

USD, JPY, CHF flows: Safe havens firm on Middle East tension

October 2, 2024 6:48 AM UTC

Safe havens remainign strong as Middle East tension rises. Oil price move thus far is modest, but fears of escalation remain. JPY the best value of the safe havens.

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

USD, JPY, AUD, CHF flows: Risk recovery overnight

September 12, 2024 6:53 AM UTC

High yielders gain and safe havens dip on risk reocvery overnight, but JPY likely to be resilient

EUR, CHF, GBP flows: EUR offer, GBP and CHF staying firm, but...

August 28, 2024 7:04 AM UTC

EUR/USD looks likely to hold clos to current levels. GBP and CHF gains may start to falter

JPY, CHF, GBP flows: JPY steadier, GBP, CHF gains stretched

August 27, 2024 7:08 AM UTC

JPY stabilising, CHF and GBP strength statign to look overdone

EUR flows: Bouncing as EZ numbers outperform Germany

August 22, 2024 8:23 AM UTC

EUR bounces as EZ PMI comes in above expectations despite weaker German data

EUR, JPY, GBP, NOK flows: Mildly more risk positive tone

August 12, 2024 6:30 AM UTC

Asia trading sees modest gains in the riskier currencies with safe havens edging lower

NOK, AUD flows: NOK little changed after CPI, AUD firm

August 9, 2024 6:27 AM UTC

NOK reverses initial post-CPI gain, but has upside scope. AUD firmer in better risk environment overnight, gains can extend

JPY, EUR, CHF flows: JPY lower on Uchida comments

August 7, 2024 7:01 AM UTC

BoJ deputy governor Uchida's comments indicating that the BoJ would not tighten in unstable markets has helped USD/JPY correct higher. More corrective pressure may be seen today, but underlying picture remains JPY positive 

USD, JPY, NOK, AUD flows: Mild risk recovery continues

August 6, 2024 7:07 AM UTC

The risk reocvery ocntinued overnigth and the JPY has fallen back, but remains undervalued. CHF still has more downside scope, and high yielders could recover further

JPY, CHF flows: Safe haven gains may be reaching near term limits

August 2, 2024 6:58 AM UTC

JPY gains have been mostly a reversal of the May/June overshoot, but have been extended by the recent risk sell off. JPY crosses now approaching levels that are consistent with current risk premia. CHF strength on risk weakness likely to paude as EUR/CHF finds support near 0.94

CHF, JPY flows: CHF strength approaching limits

August 1, 2024 6:49 AM UTC

CHF gains against the EUR reflect some weakening in risk sentiment but the JPY remains the preferred safe haven

USD, JPY, CHF flows: Steadier markets as risk stabilises

July 26, 2024 7:06 AM UTC

Riskier currencies edging higher, JPY stable as risk stabilises and Japan Tokyo CPI comes in in line with expectations.

JPY, CHF flows: JPY and CHF gain as equities slip

July 19, 2024 7:19 AM UTC

JPY and CHF rally as equities turn lower. JPY remains preferred on value grounds

EUR flows: EUR slightly softer after French election

July 8, 2024 6:53 AM UTC

EUR a little softer, mainly versus CHF, after Left Alliance unexpectedly the largest party after the French election. But parliament still looks deadlocked as expected

EUR, GBP flows: UK PMI falls but holds up better than Eurozone

June 21, 2024 7:36 AM UTC

UK PMI weaker but EUR/GBP a little lower as UK a little better than EZ.

USD flows: BOE/SNB Next Focus

June 19, 2024 2:43 PM UTC

Thursday see key BOE and SNB meetings. 

CHF flows: EUR/CHF continues to probe lower

June 14, 2024 8:44 AM UTC

Concerns about French politics and underlying fiscal fragility maintain downward pressure on EUR/CHF

USD, JPY, EUR, CHF flows: USD lower against riskier currencies after CPI, FOMC

June 13, 2024 6:55 AM UTC

Despite the FOMC dots showing a median expectation of only one rate cut this year, US yields and the USD are lower, except against the JPY, and JPY weakness looks anomalous. Widening France/Germany spreads may maintain downard pressure on EUR/CHF.

JPY, CHF, NOK flows: Some reversal of Tuesday's risk off moves

June 5, 2024 7:00 AM UTC

JPY falls back ahea dof US data but still has potential for bigger picture gains. Scope for some general reversal of Tuesday's risk off trades

NOK flows: NOK edges higher after CPI

May 10, 2024 6:53 AM UTC

Norway CPI mildly stronger than expected, suggesting scope for NOK gains

USD, EUR, JPY, CHF flows: JPY under pressure as risk sentiment recovers

April 22, 2024 6:56 AM UTC

USD/JPY and EUR/JPY testing the highs. EUR/USD steady

GBP, EUR, JPY, CHF flows: GBP little changed after retail sales, scope for risk recovery

April 19, 2024 6:33 AM UTC

UK retail sales remain quite flat, GBP little affected. Risk sell off overnight may be further reversed with tension dissipated

USD, EUR, CHF, JPY flows: USD firm, risk appetite recovering, JPY weak

April 15, 2024 6:56 AM UTC

Market seeing Iran attack on Israel as less bad than feared, risk appetite edging up, JPY weakening 

EUR, USD, CHF, JPY flows: CHF and JPY gain ground as yields and equities fall

April 12, 2024 1:13 PM UTC

Declining yields and equities in both Europe and US putting JPY and CHF on the front foot

USD, CHF, EUR, JPY flows: Risk negative tone overnight could extend

April 5, 2024 7:08 AM UTC

Risk sentiment turned negative overnight on talk of an Iranian attack on Israel. Some scope for extension, with such an attack a real possibility.

CHF, AUD, JPY flows: CHF lower after CPI

April 4, 2024 6:59 AM UTC

Another big downside miss in Swiss CPI weighs on the CHF

CHF, NOK flows: CHF weak, NOK strong as value makes a comeback

April 3, 2024 6:58 AM UTC

CHF/NOK sees big decline as value starts to become a factor

CHF, AUD flows: CHF soft, AUD has recovery scope

March 26, 2024 7:57 AM UTC

CHF increasingly the preferred funding currency. AUD has scope for recovery given extended short positioning

CHF flows: CHF drops sharply on SNB rate cut

March 21, 2024 7:48 AM UTC

The SNB cut the policy rate 25bps. This was only seen as an outise chance before the meeting so the CHF has weakened and is likely to remain under pressure, although valuation only looks dramatically out of line against the JPY

SEK, CHF, JPY flows: SEK slips on CPI, CHF weak

March 14, 2024 7:42 AM UTC

SEK lower after softer CPI, NOK/SEK still has upside scope. CHF the favourite funding currency in current risk positive market

JPY, CHF flows: CHF recovering after CPI but gains to be short-lived

March 4, 2024 8:04 AM UTC

CHF gains on slightly smaller than expected decline in Feburary CPI, but CHF downside still favoured with CHF/JPY the best value trade.

JPY flows: JPY soft but approaching buying area

January 11, 2024 7:47 AM UTC

JPY on the back foot as weak earnings data throws doubt on the potential for BoJ tightening. But JPY still has a case for gains based on valuation 

JPY flows: JPY soft as earnings data weakens

January 10, 2024 9:27 AM UTC

JPY on the back foot as weak earnings data throws doubt on the potential for BoJ tightening. But JPY still has a case for gains based on valuation moves