FX Daily Strategy: Asia, Oct 7

October 6, 2025 9:00 PM UTC

JPY weakness on Takaichi election looks overdone
EUR may have more downside on French political and fiscal deadlock
German orders numbers need to show a recovery in August

North American Summary and Highlights 6 Oct

October 6, 2025 7:42 PM UTC

Overview - The USD was mixed with USD/JPY remaining firm but EUR/USD recovered from losses seen after the resignation of French PM Lecornu even with the EUR remaining lower on the European crosses. 

FX Daily Strategy: APAC, Oct 7

October 6, 2025 3:10 PM UTC

JPY weakness on Takaichi election looks overdone
EUR may have more downside on French political and fiscal deadlock
German orders numbers need to show a recovery in August

Psychology for major markets Oct 06

October 6, 2025 10:22 AM UTC

JPY lower on the election of Takaichi as new LDP leader and PM. EUR down on French PM resignation

Europe Summary and Highlights 6 October

October 6, 2025 10:20 AM UTC

The USD gained ground across the board through the European morning.

FX Weekly Strategy: Oct 6-10

October 6, 2025 8:57 AM UTC

LDP election could set the JPY tone
Still scope for substantial JPY recovery
NZD may manage correction higher on a 25bp RBNZ cut
European currencies largely rangebound

Asia Summary and Highlights 6 Oct

October 6, 2025 5:57 AM UTC

Sanae Takaichi elected to be the new LDP party leader
USD/JPY jumped figures
Major currency pairs open in favor of USD

FX Weekly Strategy: Europe, Oct 6-10

October 6, 2025 4:16 AM UTC

LDP election could set the JPY tone
Still scope for substantial JPY recovery
NZD may manage correction higher on a 25bp RBNZ cut
European currencies largely rangebound

FX Weekly Strategy: Asia, Oct 6-10

October 5, 2025 9:00 PM UTC

LDP election could set the JPY tone
Still scope for substantial JPY recovery
NZD may manage correction higher on a 25bp RBNZ cut
European currencies largely rangebound

FX Weekly Strategy: APAC, Oct 6-10

October 5, 2025 5:00 PM UTC

LDP election could set the JPY tone
Still scope for substantial JPY recovery
NZD may manage correction higher on a 25bp RBNZ cut
European currencies largely rangebound

North American Summary and Highlights 3 Oct

October 3, 2025 7:35 PM UTC

Overview - The USD slipped in the European morning but was mixed in North America after ISM services data. 

FX Weekly Strategy: Oct 6-10

October 3, 2025 3:43 PM UTC

LDP election could set the JPY tone
Still scope for substantial JPY recovery
NZD may manage correction higher on a 25bp RBNZ cut
European currencies largely rangebound

Europe Summary and Highlights 3 October

October 3, 2025 10:21 AM UTC

Then USD weakened through the European morning, with the JPY once again leading the way. 

Psychology for major markets Oct 03

October 3, 2025 10:19 AM UTC

USD mostly rangebound

FX Daily Strategy: N America, Oct 3

October 3, 2025 9:16 AM UTC

ISM services could weigh on USD/JPY
EUR/JPY remains vulnerable to any equity correction
Ueda leaving token remark before LDP election
USD/CAD approaching 1.40 but gains beyond here likely to be difficult

Asia Summary and Highlights 3 Oct

October 3, 2025 5:04 AM UTC

BoJ Gov Ueda: To raise rates if economy, prices, move in line with forecasts
Japan's August unemployment rate 2.6%
Trump said he is considering $1,000–$2,000 stimulus checks for all taxpayers

FX Daily Strategy: Asia, Oct 3

October 2, 2025 9:00 PM UTC

Swiss CPI neutral but EUR/CHF basing
EUR/CHF basing near 0.93
JPY has scope for further gains
GBP recovery unlikely to last

North American Summary and Highlights 2 Oct

October 2, 2025 7:44 PM UTC

Overview - The USD slipped in the European morning but ended slightly firmer after the North American session. 

FX Daily Strategy: APAC, Oct 3

October 2, 2025 2:54 PM UTC

Swiss CPI neutral but EUR/CHF basing
EUR/CHF basing near 0.93
JPY has scope for further gains
GBP recovery unlikely to last

Europe Summary and Highlights 2 October

October 2, 2025 10:12 AM UTC

Then USD weakened through the European morning, with the JPY once again leading the way.

Psychology for major markets Oct 02

October 2, 2025 10:10 AM UTC

USD/JPY staying soft on government shutdown concerns and weak ADP, helped by some hawkish BoJ comments

FX Daily Strategy: N America, Oct 2

October 2, 2025 9:15 AM UTC

Swiss CPI neutral but EUR/CHF basing
EUR/CHF basing near 0.93
JPY has scope for further gains
GBP recovery unlikely to last

Asia Summary and Highlights 2 Oct

October 2, 2025 5:42 AM UTC

Australian August trade balance misses
U.S. will provide Ukraine with intelligence for long-range missile strikes on Russia’s energy infrastructure
Japan’s 10-year government bond auction showed weaker demand

FX Daily Strategy: Europe, Oct 2

October 2, 2025 5:03 AM UTC

Swiss CPI could reignite talk of negative CHF rates
EUR/CHF basing near 0.93
JPY has scope for further gains
GBP recovery unlikely to last

FX Daily Strategy: Asia, Oct 2

October 1, 2025 9:00 PM UTC

Swiss CPI could reignite talk of negative CHF rates
EUR/CHF basing near 0.93
JPY has scope for further gains
GBP recovery unlikely to last

North American Summary and Highlights 1 Oct

October 1, 2025 7:56 PM UTC

Overview - The USD was little changed, despite government shutdown concerns and weak ADP employment data. 

FX Daily Strategy: APAC, Oct 2

October 1, 2025 3:10 PM UTC

Swiss CPI could reignite talk of negative CHF rates
EUR/CHF basing near 0.93
JPY has scope for further gains
GBP recovery unlikely to last

Psychology for major markets Oct 01

October 1, 2025 10:18 AM UTC

USD/JPY staying soft on government shutdown concerns.

Europe Summary and Highlights 1 October

October 1, 2025 10:10 AM UTC

Then JPY gained ground on the crosses through the European morning, with the USD lower against the JPY but higher against the EUR and mixed against the other riskier currencies. 

FX Daily Strategy: N America, Oct 1

October 1, 2025 8:55 AM UTC

US government shutdown looks set to start on October 1
Typically, shutdown is seen as negative for USD/JPY
ADP data to take on higher profile if official employment data not being released due to shutdown
EUR/JPY also looks vulnerable if risk sentiment weakens

Asia Summary and Highlights 1 Oct

October 1, 2025 5:17 AM UTC

Tankan report show Japanese firms divided on how they see US tariff impact
Conflicting reports on China banning iron ore purchase from BHP dragged the Aussie

FX Daily Strategy: Europe, Oct 1

October 1, 2025 4:31 AM UTC

US government shutdown looks set to start on October 1
Typically, shutdown is seen as negative for USD/JPY
ADP data to take on higher profile if official employment data not being released due to shutdown
EUR/JPY also looks vulnerable if risk sentiment weakens

FX Daily Strategy: Asia, Oct 1

September 30, 2025 9:00 PM UTC

US government shutdown could be USD negative
JPY has most scope to benefit
EUR unlikely to move on CPI data
GBP vulnerable

North American Summary and Highlights 30 Sep

September 30, 2025 7:57 PM UTC

Overview - The USD was generally slightly softer, led by USD/JPY in the European morning. 

FX Daily Strategy: APAC, Oct 1

September 30, 2025 3:00 PM UTC

US government shutdown could be USD negative
JPY has most scope to benefit
EUR unlikely to move on CPI data
GBP vulnerable

Europe Summary and Highlights 30 September

September 30, 2025 10:16 AM UTC

The USD was generally weaker through the European morning, with the JPY once again he best performer.

Psychology for major markets Sep 30

September 30, 2025 10:09 AM UTC

USD staying soft on government shutdown concerns.

FX Daily Strategy: N America, Sep 30th

September 30, 2025 8:56 AM UTC

US government shutdown could be USD negative
JPY has most scope to benefit
EUR unlikely to move on CPI data
GBP vulnerable

Asia Summary and Highlights 30 Sep

September 30, 2025 6:17 AM UTC

RBA holds as expected

FX Daily Strategy: Europe, Sep 30th

September 30, 2025 4:53 AM UTC

US government shutdown could be USD negative
JPY has most scope to benefit
EUR unlikely to move on CPI data
GBP vulnerable

FX Daily Strategy: Asia, Sep 30th

September 29, 2025 9:00 PM UTC

USD continues to follow Trump 1.0
Payroll data a focus, if it is released
European currencies may be most vulnerable to further USD gains
CHF could come under some pressure
AUD focus on the RBA

North American Summary and Highlights 29 Sep

September 29, 2025 7:40 PM UTC

Overview - The USD was generally softer with a potential US government shutdown getting closer. 

FX Daily Strategy: APAC, Sep 30th

September 29, 2025 3:26 PM UTC

USD continues to follow Trump 1.0
Payroll data a focus, if it is released
European currencies may be most vulnerable to further USD gains
CHF could come under some pressure
AUD focus on the RBA

Psychology for major markets Sep 29

September 29, 2025 10:32 AM UTC

USD reversign some recent gains on government shutdown concerns.