FX Weekly Strategy: Asia, Jul 6-10

July 3, 2026 3:11 PM UTC

FOMC, ECB Minutes, RBNZ decision the highlights
Dollar ardour cools but spreads still in favour
NZD attempting to bounce if RBNZ plays ball
USD/JPY has done some n/t chart damage

Europe Summary and Highlights 3 Jul

July 3, 2026 9:41 AM UTC

Relatively quiet into US holiday, bar a mini USD/JPY dip
EZ PMI revised up

Psychology for major markets July 3

July 3, 2026 6:51 AM UTC

Market Cheers on Less hawkish Fed expectation

Asia Summary and Highlights 3 July

July 3, 2026 5:33 AM UTC

Market broadly upbeat after a miss in NFP

North American Summary and Highlights 2 July

July 2, 2026 8:04 PM UTC

Overview - Europe saw a sharp dip in USD/JPY while the USD fell more broadly after softer than expected UIS employment data. 

FX Daily Strategy: Asia, Jul 3

July 2, 2026 3:00 PM UTC

Quiet Calendar Sees Focus Back at Middle East
DXY Further consolidation
USD/JPY and the Silent Interventions

Psychology for major markets July 2

July 2, 2026 10:17 AM UTC

USD/JPY self-policing ahead of holiday, long liquidation

Europe Summary and Highlights 2 Jul

July 2, 2026 10:10 AM UTC

USD/JPY down 1.5 figs after jittery market pares into holiday, wary of MoF guerrilla tactics 
EUR/GBP extends the range breakdown

FX Daily Strategy: N America, Jul 2

July 2, 2026 9:02 AM UTC

Payrolls in focus. Probably needs a 100k+/- surprise to prompt excitement
Friday's US holiday does indeed leave mkt wary of Japan intervention, and prompts early covering
EUR/GBP also does break key support, stretching sterling short covering

Asia Summary and Highlights 2 July

July 2, 2026 4:17 AM UTC

Australian May Trade Balance Miss
U.S., Iran end Doha talks with no breakthrough

North American Summary and Highlights 1 July

July 1, 2026 7:44 PM UTC

Overview - The USD saw a dip after comments from Fed’s Warsh, but remained firm, supported by soft Eurozone inflation. 

FX Daily Strategy: Asia, Jul 2

July 1, 2026 3:06 PM UTC

Payrolls in focus. Probably needs a 100k+/- surprise to prompt excitement
Friday's US holiday may leave mkt wary of Japan intervention, prompt some early covering
EUR/GBP still sitting on key support, risk of break remains

Europe Summary and Highlights 1 Jul

July 1, 2026 10:06 AM UTC

EZ HICP confirmed lower than mkt expectations, EUR/USD slips off 1.14
Focus turning to ongoing payrolls build up

FX Daily Strategy: N America, July 1st

July 1, 2026 9:01 AM UTC

U.S. June ADP Employment remains healthy
ISM Manufacturing to Sustain May's bounce
Further USD/JPY Rally Could Trigger Intervention

Psychology for major markets July 1

July 1, 2026 6:51 AM UTC

USD/JPY Weakest in Decades, Again

Asia Summary and Highlights 1 July

July 1, 2026 5:02 AM UTC

Market undecided on Middle East complication
USD/JPY refreshes decade high

North American Summary and Highlights 30 June

June 30, 2026 7:54 PM UTC

Overview - USD/JPY remained firm but the USD overall came off its highs. 

FX Daily Strategy: Asia, July 1st

June 30, 2026 3:00 PM UTC

U.S. June ADP Employment remains healthy
ISM Manufacturing to Sustain May's bounce
Further USD/JPY Rally Could Trigger Intervention

Europe Summary and Highlights 30 Jun

June 30, 2026 10:21 AM UTC

Soft Eurozone inflation prints so far. 
EUR/USD sticks around 1.14 into options
USD/JPY sits off high after period end support

FX Daily Strategy: N America, Jun 30th

June 30, 2026 9:09 AM UTC

Still in dollar consolidation/correction mode. Period end, options, wait for payrolls also
Spec mkt long dollars and at extreme for GBP. Latter could risk a squeeze

Psychology for major markets June 30

June 30, 2026 8:15 AM UTC

USD/JPY Weakest in Decades

Asia Summary and Highlights 30 June

June 30, 2026 5:38 AM UTC

Japan's FM will respond appropriately to currency moves at any time
Japan May unemployment rate 2.5%

North American Summary and Highlights 29 June

June 29, 2026 8:00 PM UTC

Overview - The USD was generally softer, GBP/USD leading with help from a speech by the likely next Prime Minister, Andy Burnham. 

FX Daily Strategy: APAC, Jun 30th

June 29, 2026 3:21 PM UTC

Still in dollar consolidation/correction mode. Period end, options, wait for payrolls also
Spec mkt long dollars and at extreme for GBP. Latter could risk a squeeze
ECB conference, inflation data on the calendar

Europe Summary and Highlights 29 Jun

June 29, 2026 10:23 AM UTC

Slow morning, consolidation with minor dollar drift

Psychology for major markets June 29

June 29, 2026 9:35 AM UTC

Crossfire ended early

FX Weekly Strategy: N America, Jun 29 - Jul 3

June 29, 2026 9:06 AM UTC

EZ HICP seen peaking, US payrolls solid but flattered
Central bank get-together. Rate hike expectations easing in tandem
Dollar still firm, but market to finish unwinding overbought conditions

IMM Commitment of Traders Reports w/e Jun 23

June 29, 2026 8:19 AM UTC

Latest IMM data underscores mkt strongly long-dollar, playing to current overbought pullback/consolidation
CAD (pre USMCA) and NZD shorts large; AUD remains more sidelined if forced out of longs
GBP shorts at historic highs - last out here in 2017 
This occurring at the EUR/GBP range lows - so creates

Asia Summary and Highlights 29 June

June 29, 2026 5:43 AM UTC

Iran launched missiles and drones at US military sites in Kuwait and Bahrain over the weekend while U.S. retaliate
Mutual Standdown before Monday

FX Weekly Strategy: Europe, Jun 29 - Jul 3

June 29, 2026 5:06 AM UTC

EZ HICP seen peaking, US payrolls solid but flattered
Central bank get-together. Rate hike expectations easing in tandem
Dollar still firm, but market to finish unwinding overbought conditions

North American Summary and Highlights 26 June

June 26, 2026 7:47 PM UTC

Overview - The USD stabilized after a wider US trade deficit initially extended its correction lower. 

FX Weekly Strategy: Asia, Jun 29 - Jul 3

June 26, 2026 3:31 PM UTC

EZ HICP seen peaking, US payrolls solid but flattered
Central bank get-together. Rate hike expectations easing in tandem
Dollar still firm, but market to finish unwinding overbought conditions

Europe Summary and Highlights 26 Jun

June 26, 2026 9:54 AM UTC

Into the weekend, corrective consolidation of overbought dollar still in play
NOK remains weighed though, if also slowed
Risk stays choppier, overall weighed off highs

Psychology for major markets June 26

June 26, 2026 9:46 AM UTC

Iran says Strait of Hormuz shipping will be governed by terms of memorandum with Oman

FX Daily Strategy: N America, Jun 26th

June 26, 2026 9:10 AM UTC

U.S. May Advance Goods Trade Balance 
Tokyo core CPI picks up
USD/JPY Extend consolidation beneath 161.95 

Asia Summary and Highlights 26 June

June 26, 2026 4:42 AM UTC

Tokyo ex fresh food & energy CPI 1.9% y/y

North American Summary and Highlights 25 June

June 25, 2026 7:41 PM UTC

Overview - The USD advanced in Europe but slipped back after Q1 US consumer spending was revised lower. 

FX Daily Strategy: Asia, Jun 26th

June 25, 2026 3:00 PM UTC

U.S. May Advance Goods Trade Balance 
Tokyo CPI TO Stay Low
USD/JPY Extend consolidation beneath 161.95