FX Daily Strategy: Asia, November 21st

November 20, 2025 10:00 PM UTC

PMIs may put downward pressure on the EUR
GBP risks on the downside on retail sales
JPY continues to make new lows despite verbal intervention…
…so that actual intervention risks are now very high

FX Daily Strategy: APAC, November 21st

November 20, 2025 4:10 PM UTC

PMIs may put downward pressure on the EUR
GBP risks on the downside on retail sales
JPY continues to make new lows despite verbal intervention…
…so that actual intervention risks are now very high

Psychology for major markets Nov 20

November 20, 2025 11:04 AM UTC

USD firm as Fed easing hopes fade, Nvidia results strong

FX Daily Strategy: N America, November 20th

November 20, 2025 10:10 AM UTC

US September employment report finally due, USD upside risks
JPY weakness increases, intervention looking necessary
Equity bounce suggests scope for AUD recovery

FX Daily Strategy: Asia, November 20th

November 19, 2025 10:00 PM UTC

US September employment report finally due, USD upside risks
JPY weakness increases, intervention looking necessary
Equity bounce suggests scope for AUD recovery

FX Daily Strategy: APAC, November 20th

November 19, 2025 3:43 PM UTC

US September employment report finally due, USD upside risks
JPY weakness increases, intervention looking necessary
Equity bounce suggests scope for AUD recovery

Psychology for major markets Nov 19

November 19, 2025 11:12 AM UTC

USD mostly steady as delayed US data awaited, JPY still weak

FX Daily Strategy: N America, November 19th

November 19, 2025 10:05 AM UTC

UK CPI data to keep some downward pressure on GBP
GBP looks set for a steady decline against the EUR
JPY decline is slow but inexorable – official Japanese action likely necessary to halt decline
EUR/CHF extending bounce but upside looks quite limited

FX Daily Strategy: Asia, November 19th

November 18, 2025 10:00 PM UTC

UK CPI data to keep some downward pressure on GBP
GBP looks set for a steady decline against the EUR
JPY decline is slow but inexorable – official Japanese action likely necessary to halt decline
EUR/CHF extending bounce but upside looks quite limited

FX Daily Strategy: APAC, November 19th

November 18, 2025 3:31 PM UTC

UK CPI data to keep some downward pressure on GBP
GBP looks set for a steady decline against the EUR
JPY decline is slow but inexorable – official Japanese action likely necessary to halt decline
EUR/CHF extending bounce but upside looks quite limited

FX Daily Strategy: N America, November 18th

November 18, 2025 11:15 AM UTC

USD firm as December Fed easing expectations fade
JPY weakness extends further, but intervention risks rising
EUR/JPY looks overextended on all measures
AUD should find good support despite equity dip

Psychology for major markets Nov 18

November 18, 2025 11:09 AM UTC

USD mostly steady as delayed US data awaited, JPY still weak

FX Daily Strategy: Asia, November 18th

November 17, 2025 10:00 PM UTC

USD firm as December Fed easing expectations fade
JPY weakness extends further, but intervention risks rising
EUR/JPY looks overextended on all measures
AUD should find good support despite equity dip

FX Daily Strategy: APAC, November 18th

November 17, 2025 4:19 PM UTC

USD firm as December Fed easing expectations fade
JPY weakness extends further, but intervention risks rising
EUR/JPY looks overextended on all measures
AUD should find good support despite equity dip

Psychology for major markets Nov 17

November 17, 2025 11:10 AM UTC

USD mostly steady as delayed US data awaited

FX Weekly Strategy: November 17th-21st

November 17, 2025 10:09 AM UTC

 Market focus on potential release of US data
Equities showing some nerves with Fed easing now seen as less likely
JPY weakness and CHF strength are extreme
GBP to remain under pressure

FX Weekly Strategy: Asia, November 17th-21st

November 16, 2025 10:00 PM UTC

 Market focus on potential release of US data
Equities showing some nerves with Fed easing now seen as less likely
JPY weakness and CHF strength are extreme
GBP to remain under pressure

FX Weekly Strategy: APAC, November 17th-21st

November 16, 2025 6:00 PM UTC

 Market focus on potential release of US data
Equities showing some nerves with Fed easing now seen as less likely
JPY weakness and CHF strength are extreme
GBP to remain under pressure

FX Weekly Strategy: November 17th-21st

November 14, 2025 4:09 PM UTC

 Market focus on potential release of US data
Equities showing some nerves with Fed easing now seen as less likely
JPY weakness and CHF strength are extreme
GBP to remain under pressure

Psychology for major markets Nov 14

November 14, 2025 11:15 AM UTC

Risk appetite slips as AI sensitive stocks correct lower

FX Daily Strategy: N America, November 14th

November 14, 2025 10:12 AM UTC

European data likely to be ignored
Concerns about weak US labour data may undermine the USD
Fed comments suggest December rate cut chances are receding
GBP weakness may pause

FX Daily Strategy: Europe, November 14th

November 14, 2025 4:00 AM UTC

European data likely to be ignored
Concerns about weak US labour data may undermine the USD
Fed comments suggest December rate cut chances are receding
GBP weakness may pause

FX Daily Strategy: Asia, November 14th

November 13, 2025 10:00 PM UTC

GBP has further downside risks 
AUD well supported on solid employment data 
SEK well bid but expensive against EUR and NOK
CHF strength on trade hopes shouldn’t lead to new highs

FX Daily Strategy: APAC, November 14th

November 13, 2025 3:57 PM UTC

GBP has further downside risks 
AUD well supported on solid employment data 
SEK well bid but expensive against EUR and NOK
CHF strength on trade hopes shouldn’t lead to new highs

Psychology for major markets Nov 13

November 13, 2025 11:28 AM UTC

Mild risk positive tone returns on end to US government shutdown

FX Daily Strategy: N America, November 13th

November 13, 2025 10:11 AM UTC

GBP has further downside risks 
AUD well supported on solid employment data 
SEK well bid but expensive against EUR and NOK
CHF strength on trade hopes shouldn’t lead to new highs

FX Daily Strategy: Asia, November 13th

November 12, 2025 10:00 PM UTC

GBP has further downside risks on GDP data
AUD should remain well supported if employment data is solid
SEK still expensive against EUR and NOK
CHF strength on trade hopes shouldn’t lead to new highs

FX Daily Strategy: APAC, November 13th

November 12, 2025 4:08 PM UTC

GBP has further downside risks on GDP data
AUD should remain well supported if employment data is solid
SEK still expensive against EUR and NOK
CHF strength on trade hopes shouldn’t lead to new highs

Psychology for major markets Nov 12

November 12, 2025 11:12 AM UTC

Risk positive tone on hopes of an end to the US government shutdown

FX Daily Strategy: N America, November 12th

November 12, 2025 10:03 AM UTC

Will the BoJ Step in to Stop JPY Fall
USD to Consolidate before Government Reopening
Broader Risk Sentiment Looks Optimistic on Reopening

FX Daily Strategy: Asia, November 12th

November 11, 2025 4:00 PM UTC

Will the BoJ Step in to Stop JPY Fall
USD to Consolidate before Government Reopening
Broader Risk Sentiment Looks Optimistic on Reopening

FX Daily Strategy: N America, November 11th

November 11, 2025 10:55 AM UTC

USD gains on hopes of end to shutdown seem unjustified
JPY remains under pressure but has scope for a rally
NFIB a focus

FX Daily Strategy: Asia, November 11th

November 10, 2025 10:00 PM UTC

GBP risks on the downside on labour market data
USD gains on hopes of end to shutdown seem unjustified
JPY remains under pressure but has scope for a rally
NFIB a focus

FX Daily Strategy: APAC, November 11th

November 10, 2025 4:12 PM UTC

GBP risks on the downside on labour market data
USD gains on hopes of end to shutdown seem unjustified
JPY remains under pressure but has scope for a rally
NFIB a focus

Psychology for major markets Nov 10

November 10, 2025 11:22 AM UTC

Risk positive tone on hopes of an end to the US government shutdown

FX Weekly Strategy: November 10th-14th

November 10, 2025 9:55 AM UTC

USD may struggle as government shutdown extends
JPY still looks to have the most scope for gains
GBP can weaken as market prices in December rate cut
AUD should prove well supported provided domestic data remains solid

FX Weekly Strategy: Asia, November 10th-14th

November 9, 2025 10:00 PM UTC

USD may struggle as government shutdown extends
JPY still looks to have the most scope for gains
GBP can weaken as market prices in December rate cut
AUD should prove well supported provided domestic data remains solid

FX Weekly Strategy: APAC, November 10th-14th

November 9, 2025 6:00 PM UTC

USD may struggle as government shutdown extends
JPY still looks to have the most scope for gains
GBP can weaken as market prices in December rate cut
AUD should prove well supported provided domestic data remains solid