View:

May 15, 2025

Chart USD/ZAR Update: Leaning lower
Paying Article

15 May 2025 - 11:21

Consolidation is giving way to a test lower

Chart EUR/CAD Update: Gains to remain limited
Paying Article

15 May 2025 - 10:55

Little change, as prices edge marginally higher in cautious trade towards resistance at 1.5700

Chart USD Index DXY Update: Cautious trade - studies under pressure
Paying Article

15 May 2025 - 10:16

Little change, as prices extend cautious trade beneath resistance at 101.00

Europe Summary and Highlights 15 May
Paying Article

15 May 2025 - 10:09

The USD was marginally softer against the lower yielders through the European morning.

Psychology for major markets May 15
Paying Article

15 May 2025 - 10:03

More rangy trading looking likely near term

FX Daily Strategy: N America, May 15th
Paying Article

15 May 2025 - 09:09

US PPI and survey data may be USD supportive
EUR/USD more rangy but risks on the downside
AUD could benefit from solid employment data
NOK still has scope for recovery after strong GDP

Chart EUR/CHF Update: Leaning lower in range
Paying Article

15 May 2025 - 08:16

The test above congestion resistance at 0.9400 has met anticipated selling interest beneath the 0.9435 Fibonacci retracement

Chart USD/CHF Update: Choppy in range
Paying Article

15 May 2025 - 08:09

Anticipated losses have bounced from 0.8325~

Chart EUR/GBP Update: Gains to remain limited
Paying Article

15 May 2025 - 07:50

Little change, as prices extend cautious trade 

Chart EUR/USD Update: Limited tests higher
Paying Article

15 May 2025 - 07:42

Anticipated selling interest beneath congestion resistance within 1.1280 - 1.1300 has given way to a pullback

Chart AUD/NZD Update: Strong resistance at 1.0910/30
Paying Article

15 May 2025 - 07:31

Pressure remains on the upside to extend gains from the April YTD low at 1.0650 to reach strong resistance at 1.0910/1.0930

Chart GBP/USD Update: Cautious trade - background studies under pressure
Freemium Article

15 May 2025 - 07:23

Little change, as mixed intraday studies keep near-term sentiment cautious

...
UK GDP Review: Q1 GDP Jumps But Erratic and Overstating Activity
Paying Article

15 May 2025 - 07:17

National account data delivered yet another upside surprise both in terms of the latest monthly figure and also the associated Q1 update.  Indeed, February GDP, rather than consolidating in the March GDP release with a flat m/m reading, instead grew by 0.2% (Figure 1), a fifth successive non-negati

...
U.S./China Trade Truce Reduce Downside and Extra Stimulus Prospects
Paying Article

15 May 2025 - 07:15

The alternative hard landing scenario in China has been reduced significantly with the trade truce with the U.S.  However, China will still have to cope with a minimum 30% overall tariff, with only around a 10% reduction in the fentanyl tariff likely to be agreed in the coming months.  Our baselin

GBP, NOK flows: GBP and NOK find mild support from better GDP
Paying Article

15 May 2025 - 06:47

UK Q1 GDP revised up, Norway Q1 GDP stronger than expected. GBP and NOK see mild gains, NOK has scope for more

Chart GBP/JPY Update: Weighing on 194.00/193.75 support
Paying Article

15 May 2025 - 06:44

Extending rejection from the 196.40 high to pressure support at the 194.00/193.75 area

Chart AUD/JPY Update: Under pressure
Paying Article

15 May 2025 - 06:24

Under pressure, following rejection from test of strong resistance at the 95.50, December low

Chart USD/CNH Update: Higher in consolidation
Paying Article

15 May 2025 - 05:44

Higher in consolidation from the 7.1790 low to retest resistance at the 7.2155, March low

Chart USD/INR Update: Extend gains, room to retest 85.8425 high
Paying Article

15 May 2025 - 05:28

Consolidation below the 85.5000 resistance has given way to break to extend bounce from the 84.6250 low

Asia Summary and Highlights 15 May
Freemium Article

15 May 2025 - 05:03

Iran Ready for Deal if sanction lifts
The April Australian labor data is a surprisingly big beat
10yr JGB yields approach 1.5%

FX Daily Strategy: Europe, May 15th
Paying Article

15 May 2025 - 04:32

US PPI and survey data may be USD supportive
EUR/USD more rangy but risks on the downside
AUD could benefit from solid employment data
Nok still has scope for recovery versus SEK and CHF

USD/JPY flows: 10yr JGB yields approach 1.5%
Paying Article

15 May 2025 - 03:43

10yr JGB yields approach 1.5%

Chart USD/IDR Updates: Edging higher in consolidation
Paying Article

15 May 2025 - 02:59

 Edging higher from the 16379 low of last week as prices retrace losses from the 16970, April all-time high

Chart USD/THB Update: Pressuring 33.50 resistance
Paying Article

15 May 2025 - 02:52

Consolidating test of 33.50 resistance and 50% Fibonacci level but pressure remains on the upside

Chart USD/KRW Update: Weighing on 1400.00/1395.00 support
Paying Article

15 May 2025 - 02:42

Leaning lower following rejection from test of strong resistance at 1425.00