Continuum Economics

September 03, 2026

Asia Summary and Highlights 3 September

September 3, 2026 5:51 AM UTC

CNN report US military escorts 40 tankers with 18 million barrels through Hormuz on Tuesday

AUD/USD flows: Trump to Announce War Over?

September 3, 2026 5:20 AM UTC

CNN report US military escorts 40 tankers with 18 million barrels through Hormuz on Tuesday

Chart USD/CNH Update: Under pressure, 6.7150 low at risk

September 3, 2026 4:49 AM UTC

Little change, as prices drift within a narrow range just above the 6.7150 low

Chart USD/IDR Updates: Weighing on 17690/17685 lows

September 3, 2026 4:38 AM UTC

Settling back from test of the 17770 resistance to pressure the 17690/17685 June/August lows

FX Daily Strategy: Europe, Sep 3

September 3, 2026 4:13 AM UTC

Challenging backdrop as rising yields apply pressure, creates potential volatile correlations
Current default mode is squeezing both sides - CHF as the low yielder, risk counters on the other
JPY finds support, rotation incentives intensify
Sterling slipping in favour as hike laggard and amid global pr

USD/JPY flows: Front Running the "Leaks"

September 3, 2026 4:13 AM UTC

JPY Gain Strongly

Chart USD/MYR Update: Consolidating above 4.0200 support

September 3, 2026 2:34 AM UTC

Turned up from the 4.0200 support to consolidate losses from the 4.0950 July high and unwind oversold daily studies

Chart USD/SGD Update: Leaning lower in choppy trade

September 3, 2026 2:25 AM UTC

Leaning lower in choppy trade following rejection from the 1.2750 bounce high

Chart GBP/USD Update: Consolidating, but room for lower

September 3, 2026 2:09 AM UTC

Break of the 1.3500 level has seen losses to reach support at 1.3475 low of 13 August and 50% Fibonacci level

Chart EUR/USD Update: Consolidating, but still heavy

September 3, 2026 1:59 AM UTC

Consolidating test of the 1.1575 support but pressure remains on the downside and further losses cannot be ruled out

Chart EUR/JPY Update: Retracing August gains

September 3, 2026 1:49 AM UTC

Choppy trade within the 186.00/185.00 range has given way to sharp pullback to retrace gains from the August current year low

Chart USD/JPY Update: Consolidating at 158.50/00 support

September 3, 2026 1:08 AM UTC

Rejection from the 160.00/50 resistance has seen sharp losses through 159.00 level before stabilizing at the 158.50/00 congestion area

Chart NZD/USD Update: Consolidating sharp losses

September 3, 2026 12:45 AM UTC

Sharp losses below .5850 reached support at the .5815/00 area before turning higher to consolidate around .5850 congestion

Chart AUD/USD Update: Back in consolidation above .7150

September 3, 2026 12:27 AM UTC

Turned up smartly from the .7120 low to consolidate above the .7150 congestion

September 02, 2026

North American Summary and Highlights 2 September

September 2, 2026 7:37 PM UTC

Overview - The USD slipped led by USD/JPY and a more hawkish than expected Bank of Canada.

U.S. Fed Beige Book Summary - Similar to previous report, if marginally slower

September 2, 2026 7:18 PM UTC

The latest Fed Beige Book is similar to the last one though marginally slower on both activity and prices.

Preview: Due September 10 - U.S. August Existing Home Sales - Pending home sales suggest slippage

September 2, 2026 6:44 PM UTC

We expect August existing home sales to see a third straight monthly fall, by 2.0% to 3.98m, which would be the lowest level since a matching June 2025. That would see yr/yr growth slip to -1.2% from a positive 0.7%.

Bank of Canada - Now expecting a December tightening

September 2, 2026 3:50 PM UTC

The Bank of Canada left rates unchanged at 2.25% as expected and noted risks on both sides, though the press conference made it clear that inflationary risks led by the Middle East are outweighing those on growth generated by recent US tariffs. We now expect the Bank of Canada to raise rates by 25bp

Chart USD/CAD Update: Sharp pullback in USD- and CAD-driven trade

September 2, 2026 3:50 PM UTC

The anticipated test above congestion resistance at 1.3900 has been pushed back sharply from just beneath 1.3950 in both USD- and CAD-driven trade

Bank of Canada - Now expecting a December tightening

September 2, 2026 3:50 PM UTC

Canada: BoC's Macklem - Inflation concerns stressed in press conference

September 2, 2026 3:10 PM UTC

The BoC statement had a hawkish lean. That lean is becoming increasingly clear in the press conference.

FX Daily Strategy: Asia, Sep 3

September 2, 2026 2:43 PM UTC

Canada: BoC's Macklem - Seems slightly more concerned about prices than growth

September 2, 2026 2:01 PM UTC

While the BoC left rates unchanged and noted risks on both sides the concerns on prices seem to outweigh growth worries caused by tariffs.

Chart AUD/USD Update: Choppy around 0.7150 - daily studies under pressure

September 2, 2026 1:45 PM UTC

The test below congestion support at 0.7150 has bounced from 0.7120~

Chart EUR/JPY Update: Lower in both EUR- and JPY-driven trade

September 2, 2026 1:36 PM UTC

Cautious trade has given way to steady losses in both EUR- and JPY-driven trade