North American Summary and Highlights 10 Apr

April 10, 2026 7:50 PM UTC

Overview - EUR/USD and GBP/USD made gains in cautious Friday trade, but otherwise USD changes were modest. 

U.S. March Budget Deficit little changed yr/yr

April 10, 2026 6:21 PM UTC

March’s budget deficit of $164.1bn is marginally up from $160.5bn in March 2025, a second straight month in which the deficit was little changed yr/yr, though the deficit is still slightly lower in the fiscal year to date.

Chart USD/CAD Update: Consolidating test of 1.3795/00 - studies under pressure

April 10, 2026 4:30 PM UTC

The test of strong support at the 1.3795 Fibonacci retracement and congestion around 1.3800 is giving way to consolidation

FX Weekly Strategy: Asia, April 13-17th

April 10, 2026 3:00 PM UTC

2yr Yields and The Iran War
U.S. March PPI Strongest since March 2022
And other U.S. Data
UK GDP Moving Sideways 

U.S. April Preliminary Michigan CSI - Not an extreme reaction to the energy shock

April 10, 2026 2:17 PM UTC

The preliminary April Michigan CSI of 47.6 from 53.3 is a record low but the monthly decline of 5.7 points, while significant, is not as large as a 7.7 point fall in March 2025 when tariff worries were building. Inflation expectations are up sharply on a one-year view, and modestly on a 5-10 year vi

Chart AUD/USD Update: Pushing higher

April 10, 2026 1:47 PM UTC

The anticipated break above 0.7050 has been pushed back from just below congestion resistance at 0.7100

Preview: Due April 13 - U.S. March Existing Home Sales - Trend near flat, downside risk in Q2

April 10, 2026 1:41 PM UTC

We expect a marginal 0.2% increase in March existing home sales to 4.10m leaving trend with little direction. Going forward, the Iran war poses downside risks in Q2, depending on its duration.

Chart EUR/JPY Update: Approaching year highs

April 10, 2026 1:35 PM UTC

Consolidation around 186.00 has given way to further gains

Canada March Employment - Subdued as expected but with a surprise bounce in wages

April 10, 2026 1:24 PM UTC

Canada’s March employment gain of 14.1k is in line with market expectations and not very impressive after a plunge of 83.9k in February that may have been exaggerated by weather. Unemployment was unchanged at 6.7% as expected. There was an upside surprise in wage growth, the hourly rate for perman

Chart USD/JPY Update: Choppy around 159.00

April 10, 2026 1:18 PM UTC

Little change, as the anticipated test above 159.00 gives way to choppy trade just above here

Chart USD/RUB Update: Extending March losses

April 10, 2026 12:14 PM UTC

Anticipated losses are extending

Chart EUR/PLN Update: Under pressure

April 10, 2026 11:36 AM UTC

Consolidation around 4.2700 has given way to anticipated losses

This week's five highlights

April 10, 2026 11:00 AM UTC

2-Week Ceasefire, Then?
U.S. March Energy to surge in CPI
U.S. Personal Income slips, Core PCE Prices remain firm
This Week's Fed Speakers
RBNZ Inflation Forecast Revised Higher

Chart USD/ZAR Update: Cautious trade - studies under pressure

April 10, 2026 10:56 AM UTC

Little change, as prices extend cautious/choppy trade beneath resistance at the 16.5000 break level

Chart EUR/CAD Update: Poised to extend March gains

April 10, 2026 10:43 AM UTC

Little change, as prices extend pressure on strong resistance at congestion around 1.6200 and the 1.6210 Fibonacci retracement

Chart EUR/CHF Update: Consolidating

April 10, 2026 10:31 AM UTC

Little change, as prices extend consolidation just shy of resistance at the 0.9267 monthly high of 31 March

FX Daily Strategy: N America, April 10th

April 10, 2026 9:14 AM UTC

U.S. March Core CPI similar to February
Canada March Employment Highly volatile
DXY Extending March losses

Chart USD/CHF Update: Consolidating - studies under pressure

April 10, 2026 8:24 AM UTC

Little change, as prices extend cautious trade above congestion support at 0.7900

Chart EUR/GBP Update: Quiet trade - daily studies under pressure

April 10, 2026 8:15 AM UTC

Little change, as prices extend cautious trade above 0.8695/00

Chart USD Index DXY Update: Consolidating

April 10, 2026 8:03 AM UTC

Little change, as prices extend cautious trade beneath resistance at congestion around 99.00 and the 99.18 high of 8 April

Chart EUR/USD Update: Price action remains cautious

April 10, 2026 7:48 AM UTC

Little change, as prices extend cautious trade following the retest above congestion resistance at 1.1700

Chart EUR/AUD Update: Consolidating, but still heavy

April 10, 2026 7:35 AM UTC

Steadied at the 1.6500 level as prices consolidate losses from the 1.6845 high of last week

Chart GBP/USD Update: Pressuring the 1.3430 Fibonacci retracement - studies rising

April 10, 2026 7:25 AM UTC

Cautious trade has given way to a test above resistance at 1.3430 Fibonacci retracement

Chart AUD/NZD Update: Leaning lower from 1.2200 high

April 10, 2026 7:24 AM UTC

Edged up from support at the 1.2050 congestion as prices unwind oversold intraday studies