JPY, GBP flows: JPY soft, GBP awaits Mann speech

May 17, 2024 6:58 AM UTC

USD/JPY higher after Ueda and BoJ operations discourage tightening expectations. BoE hawk Mann has more power to weaken than strengthen GBP

USD/JPY flows: Following USD moves

May 17, 2024 4:36 AM UTC

Bank of Japan Governor Ueda says he has no immediate plan to sell the Bank's ETF holdings

USD flows: USD continues recovery after data

May 16, 2024 12:59 PM UTC

The USD has extended gains after the claims and Philly Fed, but upside looks quite limited

USD, JPY, EUR, NOK flows: NOK and JPY remain attractive

May 16, 2024 6:33 AM UTC

The dip in the NOK after this morning's GDP data looks like a buying opportunity. JPY strength has further to go.

USD flows: USD softer after CPI, JPY leads

May 15, 2024 12:41 PM UTC

US CPI and retail sales data marginally on the weak side of consensus. Softer USD tone continuing

SEK, JPY, EUR flows: SEK softer after CPI, JPY shorts at risk

May 15, 2024 6:31 AM UTC

SEK softer after slightly lower than expected CPI; NOK/SEK has potential for gains. JPY weakness overextended

USD, JPY, EUR flows: JPY down after firm US PPI

May 14, 2024 12:58 PM UTC

USD initilaly gained across the board after PPI, but riskier currencies recovered and JPY weakness on the crosses is the main impact

GBP flows: GBP slips back after Pill comments

May 14, 2024 8:39 AM UTC

GBP moves lower as BoE chief economist Pill indicates possibility of a summer rate cut

GBP flows: GBP firmer after stronger than expected earnings data

May 14, 2024 6:22 AM UTC

Average earnings growth remains elevated and limits the chances of June rate cut from the BoE. Scope for EUR/GBP to retest 0.8550

USD/JPY flows: Slow and Steady

May 14, 2024 4:58 AM UTC

Japan Suzuki says it is important for currencies to move in stable manner, reflecting fundamentals
Japan April PPI +0.9% y/y

USD flows: USD lifted by higher New York Fed inflation expectauons

May 13, 2024 3:26 PM UTC

The USD has seen a bounce on the New York Fed’s April survey of consumer inflation expectations, showing market sensitivity to the issue. This reinforces a message of stronger inflation expectations in May’s preliminary Michigan CSI report on Friday.

USD, JPY flows: FX steady but USD downside risks rising

May 13, 2024 6:37 AM UTC

USD steady in quiet trading but rising JGB yields and softer US data suggest USD/JPY downside risks

USD flows: USD softer after weak UoM confidence

May 10, 2024 2:22 PM UTC

University of Michigan confidence data shows sharp decline - USD may come under more pressure

CAD flows: CAD firmer after stronger employment data

May 10, 2024 1:12 PM UTC

Strogner employment data pushes CAD yields up and USD/CAD lower. But still a good chance of a June rate cut so risks may be to the CAD downside

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

GBP flows: GBP recovers on stronger GDP

May 10, 2024 6:41 AM UTC

UK GDP rises a better than expected 0.6% in Q1, but breakdown looks suspicious. Nevertheless, GBP likely to hold firm short term

USD flows: USD slips lower on higher initial claims

May 9, 2024 1:04 PM UTC

Initial claims highest since August, USD lower with yields

GBP flows: GBP weakens as 2 MPC members vote for a rate cut

May 9, 2024 11:19 AM UTC

UK rates left unchanged, but deputy governor Ramsden joins Dhingra in voting for a cut.

JPY flows: JPY still soft despite hawkish BoJ

May 9, 2024 6:35 AM UTC

Boj sounded hawkish, but JPY softer as cash earnings disappoint. 

USD/JPY flows: Continue to be higher after BoJ summary of opinion

May 9, 2024 5:59 AM UTC

BoJ summary of opinion shows more hawkish members
But March wage data disappoints

SEK flows: SEK lower after Riksbank cut

May 8, 2024 7:52 AM UTC

Riksbank cut rates as most expected, and guide for 2 more cuts this year. SEK lower, but remains at low levels and has scope to rally.

EUR, JPY, SEK flows: Firm USD tone hard to justify, SEK in focus

May 8, 2024 6:52 AM UTC

USD firm overnight without an obvious rationale. German production data EUR positive. JPY softening but BoJ risks rising. Riksbank meeting in focus.

EUR, JPY flows: EUR edges lower, JPY decline overdone

May 7, 2024 6:51 AM UTC

Slight EUR weakness after German orders data unlikely to extend far. JPY decline this week looks overdone

USD/JPY flows: Grinding higher

May 7, 2024 3:57 AM UTC

Japan chief cabinet secretary Hayashi has no comment on currency intervention
Japan's Kanda says no comment on Yellen's comments on FX

USD/JPY Flows: JPY Consolidation with Mixed Views

May 6, 2024 2:06 PM UTC

JPY has stablised in U.S. trading, with near-term views in the market mixed. 

GBP/USD Flows: GBP bounce but BOE Risks Still on Thursday

May 6, 2024 9:05 AM UTC

GBP has pushed higher on short-covering, but the BOE meeting could have dovish hints still on Thursday. 

EUR/USD Flows: Sideways but Policy and Ukraine in Focus

May 6, 2024 7:17 AM UTC

Quiet conditions with the UK closed, but some focus on Fed and ECB prospects. 

USD/JPY flows: Up a Figure on another Japanese holiday

May 6, 2024 4:12 AM UTC

USD/JPY up a figure 

USD flows: USD knocked lower by weaker US employment report

May 3, 2024 12:48 PM UTC

US emplyoment report only modestly weaker than expected, but weaker in all categories, JPY benefiting the most, but scope for USD losses elsewhere as well.

NOK flows: NOK higher after Norges Bank

May 3, 2024 8:16 AM UTC

Norges Bank  statement a little more hawkish than expected - NOK edges up

JPY, NOK flows: USD/JPY under pressure, NOK has scope to recover

May 3, 2024 6:48 AM UTC

BoJ squeezing out JPY shorts. Norges Bank could provide NOK support

USD/JPY flows: Dip buyers taking a break

May 3, 2024 5:45 AM UTC

Dip buyers look to take a break before the end of week

USD flows: USD softer after FOMC and BoJ raid

May 2, 2024 6:50 AM UTC

USD falls back with US yields with BoJ amplifying JPY strength

USD/JPY flows: BoJ Hit it When It is Weak

May 2, 2024 3:31 AM UTC

Another potential intervention in Asia time when only New Zealand market is opened
Another five figure drop

USD flows: USD edges lower after softish ISM

May 1, 2024 2:23 PM UTC

Softer ISM follows similarly soft S&P PMI but focus still on FOMC

USD flows: USD firms slightly after ADP but focus on ISM and FOMC

May 1, 2024 12:24 PM UTC

Marginally stronger than expected ADP employment won't change expectations for Friday's employment report. More scope for movement on ISM, but in practice a fairly steady market likely before the FOMC.

USD flows: USD firm but risks to the downside

May 1, 2024 7:03 AM UTC

USD gains since the employment cost index put it at levels that look vulnerable

USD/JPY flows: Slowly grinding higher

May 1, 2024 5:48 AM UTC

USD/JPY quiet but upwards

USD flows: USD gains on stronger employment cost index

April 30, 2024 1:03 PM UTC

Employment cost index pushes US yields and the USD higher

EUR flows: EUR stays steady despite strong GDP

April 30, 2024 8:33 AM UTC

Eurozone GDP beating consensus, suggesting upside risks for EUR

EUR flows: EUR soft despite stronger data

April 30, 2024 6:55 AM UTC

French GDP and German retail sales on the strong side, but EUR/USD initially soft. But little reason to move away from 1.07.

USD/JPY flows: Relatively quiet

April 30, 2024 4:48 AM UTC

USD/JPY relatively quiet  on Tuesday after Monday's intervention