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August 07, 2026

FX Daily Strategy: Europe, Aug 7
Paying Article

August 7, 2026 3:18 AM UTC

U.S. July Non-Farm Payrolls Stronger than June
Canada August Employment Another positive month
USD/JPY Directionless With Looming Intervention Threat

Chart USD/MYR Update: Extend consolidation
Paying Article

August 7, 2026 2:56 AM UTC

Little change, as prices extend consolidation below the 4.0950 resistance

Chart USD/SGD Update: Consolidating
Paying Article

August 7, 2026 2:30 AM UTC

Bounce from the 1.2805/1.2790 support area has seen gains to retest resistance at the 1.2836/50 area

Chart GBP/USD Update: Extend consolidation below 1.3500
Freemium Article

August 7, 2026 1:57 AM UTC

Little change, as prices extend consolidation below the 1.3500 level

USD/JPY flows: Household spending misses
Paying Article

August 7, 2026 1:56 AM UTC

Japan June Household spending -6.4% m/m

Chart EUR/USD Update: Range-bound
Paying Article

August 7, 2026 1:48 AM UTC

Little change, as prices extending consolidation within the 1.1560/1.1500 Monday's range

Chart EUR/JPY Update: Extending corrective bounce
Paying Article

August 7, 2026 1:29 AM UTC

Break above 182.00 has see prices retracing losses from the 187.47 high of 29 July

Chart USD/JPY Update: Above 158.00 opens up room towards 159.00/45
Paying Article

August 7, 2026 1:00 AM UTC

Consolidation below 158.00 has given way to break to extend bounce from the 155.22 low to retrace sharp losses from the 164.00 high

Chart NZD/USD Update: Leaning lower in range
Paying Article

August 7, 2026 12:44 AM UTC

Leaning lower in range from from the .5908 Monday's high as prices consolidate gains from the .5762 low of last week

Chart AUD/USD Update: Settled back in consolidation
Paying Article

August 7, 2026 12:33 AM UTC

No follow-through on break above .7050 congestion as prices retreat from the .7065 high

August 06, 2026

North American Summary and Highlights 6 August
Freemium Article

August 6, 2026 7:51 PM UTC

Overview - The USD was firmer on a pick-up in Middle East risks. 

EUR/USD, USD/JPY Flows: Oil, UST, dollar, all on edge
Paying Article

August 6, 2026 4:45 PM UTC

More wires comments leaving the market on edge over rhetorical exchanges and practical problems with deal
Oil, USTs, dollar also see a pop

Chart USD/CAD Update: Consolidating test of 1.3980/00 - background studies under pressure
Freemium Article

August 6, 2026 4:00 PM UTC

The anticipated test of support at the 1.3980 Fibonacci retracement and the 1.4000 break level is giving way to expected consolidation

FX Daily Strategy: Asia, Aug 7
Paying Article

August 6, 2026 3:00 PM UTC

U.S. July Non-Farm Payrolls Stronger than June
Canada August Employment Another positive month
USD/JPY Directionless With Looming Intervention Threat

Chart AUD/USD Update: Test above 0.7050 not sustained
Paying Article

August 6, 2026 1:36 PM UTC

The anticipated break above congestion resistance at 0.7050 has been short-lived

Preview: Due August 7 - U.S. July Employment (Non-Farm Payrolls) - Stronger than June, but with a rise in unemployment
Paying Article

August 6, 2026 1:27 PM UTC

We expect July’s non-farm payroll to rise by 120k overall and by 110k in the private sector, a significant improvement from June’s respective gains of 57k and 49k but largely explained by a recovery in leisure and hospitality. We expect unemployment to rise to 4.3% from 4.2%, reversing a June de

...
Preview: Due August 7 - U.S. July Employment (Non-Farm Payrolls) - Stronger than June, but with a rise in unemployment
Freemium Article

August 6, 2026 1:27 PM UTC

We expect July’s non-farm payroll to rise by 120k overall and by 110k in the private sector, a significant improvement from June’s respective gains of 57k and 49k but largely explained by a recovery in leisure and hospitality. We expect unemployment to rise to 4.3% from 4.2%, reversing a June de

Chart EUR/JPY Update: Cautious trade - limited tests higher
Paying Article

August 6, 2026 1:21 PM UTC

The anticipated break above 182.00 is giving way to consolidation

Chart USD/JPY Update: Consolidating - potential for a minor test higher
Paying Article

August 6, 2026 1:10 PM UTC

Still little change, as prices extend consolidation beneath congestion resistance at 158.00

U.S. Initial Claims remain low, Q2 Productivity and Unit Labor Costs healthy but Non-Labor Costs surge
Paying Article

August 6, 2026 1:07 PM UTC

Initial claims at 199k from 198k remain very low though continued claims at 1,801m from 1.777m hit a 4-week high. Claims data on balance are giving positive signals for July’s non-farm payroll. Q2 non-farm productivity at 1.4% is stronger than expected and Q2 unit labor costs at 1.3% softer than e

Preview: Due August 7 - Canada July Employment - Another positive month, but tariffs a risk going forward
Paying Article

August 6, 2026 11:53 AM UTC

We expect Canadian employment to increase by 20k in July, a third straight gain, similar to June’s 18.2k though well below May’s 87.8k which was correcting preceding weakness. We expect unemployment to match June’s 6.5% but before rounding to fall to 6.451% from 6.498%.

Chart NOK/SEK Update: Under pressure
Paying Article

August 6, 2026 11:29 AM UTC

Consolidation within the 1.0000 - 1.0050 congestion range has given way to anticipated selling interest

Chart EUR/CHF Update: Balanced beneath current year highs
Paying Article

August 6, 2026 10:22 AM UTC

Little change, as prices extend choppy trade beneath strong resistance at 0.9350

Europe Summary and Highlights 6 Aug
Paying Article

August 6, 2026 10:08 AM UTC

Still tight ranging waiting for the next news
SEK a fraction firmer after CPI, more focused on risk
Copper nudges new highs further after DRC move

AUD/USD flows: DRC tightens copper exports
Paying Article

August 6, 2026 9:52 AM UTC

Copper's break higher picks up as DRC restrict raw exports
Marginally AUD supportive albeit a varied overall commodity mix price picture

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