JPY, AUD flows: USD lower, JPY outperforming

May 6, 2025 6:47 AM UTC

JPY largely reversed the weakness seen late last week, but may now hold near current levels. AUD recovery could extend

USD, JPY flows: USD stronger, JPY weaker on BoJ, Microsoft

May 1, 2025 6:41 AM UTC

The USD is generally stronger helped by positive Microsoft earnings, and the JPY has suffered from the BoJ cut to growth forecasts. But we still favour the JPY medium term

EUR, JPY flows: EUR upside limited by weak EUR data

April 30, 2025 6:29 AM UTC

French GDP rises, but only due to inventory build-up. EUR/USD upside limited by weak Eurozone growth prospects

USD, JPY flows: JPY weaker after UMich data

April 25, 2025 2:23 PM UTC

University of Michigan sentiment data shows further weakness in confidence and further rise in inflation expectations, but moves slightly smaller than expected. JPY correction lower looks near complete

EUR, USD, JPY, CHF, AUD, NOK flows: USD remains under pressure, risk steadier for now

April 14, 2025 7:06 AM UTC

USD still under pressure, risk sentiment stabilising but danger of renewed weakness

USD, JPY flows: JPY surges again on China retaliation

April 4, 2025 11:24 AM UTC

China has announced retaliatory tariffs of 34% triggering general sharp losses in equities and a shift out of riskier currencies to the JPY and CHF

USD, JPY, EUR, AUD flows: Tariffs awaited, markets uncertain

April 2, 2025 6:41 AM UTC

From a big picture perspective US equities still look expensive and tariff increases suggest further downside for equities and USD/JPY. But in the short term the makret may perceive the risks to have been priced in by the 10% decline in the S&P from the highs, so there is a risk of a "buy on the new

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

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, 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 flows: Mixed US data, JPY could benefit

February 27, 2025 1:44 PM UTC

Mixed Us data but initial claims rise may be most significant. If so, JPY favoured

EUR, JPY flows: EUR cheered by German election, JPY stll firm

February 24, 2025 8:01 AM UTC

German election result seen as positive for German economy and the EUR. Narrowing yield spreads suggest more JPY strength to come

JPY flows: JPY testing recent highs

February 20, 2025 8:02 AM UTC

JPY testing recent highs on yield spreads and risk aversion

EUR flows: EUR gains on Ukraine look optimistic

February 13, 2025 9:33 AM UTC

EUR gains on the back of rising expectations of an end to the Ukraine war look optimistic

USD flows: Muted response to Powell

February 11, 2025 3:09 PM UTC

Powell triggering slightly firmer yields but USD not much changed

JPY flows: JPY gains on strong wage data, further upside seen

February 5, 2025 7:29 AM UTC

Japanese December wage data surges pulling JPY higher. Yield spreads indicate further JPY gains

CAD, EUR, JPY flows: CAD bounces on tariff reprieve, EUR and JPY have upside scope

February 4, 2025 8:06 AM UTC

Most currencies back to Friday's close as Trump suspends Canadian and Mexican tariffs for a month

EUR, JPY flows: EUR weaker as GDP disappoints

January 30, 2025 9:10 AM UTC

Weaker than expected German and Italian Q4 GDP pushes EUR/USD lower

EUR, JPY, AUD, GBP flows: General USD correction, AUD favoured

January 14, 2025 7:47 AM UTC

USD corrects lower as equities rally

USD, JPY, AUD flows: USD, JPY former, AUD looks oversold

January 13, 2025 8:06 AM UTC

USD and JPY benefit as equities soften but equity weakness is mild and AUD looks undervalued

USD, JPY flows: USD weaker as equities fall

January 10, 2025 3:23 PM UTC

Rising inflation expectations in Universiyt of Michigan survey support higher yields and weight on equities, supporting the JPY

EUR, JPY flows: EUR starting the year soft, some potential for recovery

January 2, 2025 7:38 AM UTC

EUR looking soft against established metrics. USD/JPY still sticking to 10 year spread correlation.

USD/JPY flows: Trump and the JPY

December 24, 2024 10:05 AM UTC

Hedge funds are gearing up for 160 or 165 on USD/JPY in Q1 2025, with the BOJ delaying tightening and the USD mood positive.

EUR, JPY flows: Squeeze on long JPY positions

December 6, 2024 9:17 AM UTC

EUR/JPY recovering but 160 likely to be toppish