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23 Jun 2025

GBP a mid-performer vs. G10 – Scotiabank

Pound Sterling (GBP) is weak and down 0.5% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

PMIs just on either side of 50

"The latest PMI’s have offered a better than expected improvement in manufacturing alongside an as expected improvement in services. Both readings remain very close to the expansion/contraction threshold at 50, offering little in terms of material growth or contraction. This week’s data calendar is light and includes CBI sentiment data on Tuesday."

Jun 23, 2025

EUR soft, a mid-performer – Scotiabank

The Euro (EUR) is weak, down 0.5% against the US Dollar (USD) and a mid-performer among the G10 in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
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Jun 23, 2025

JPY is unexpectedly underperforming on the day – Scotiabank

The Japanese Yen (JPY) is weak, down a sizeable 1.2% vs. the US Dollar (USD) and hitting fresh local lows while threatening a push to levels last seen in early April, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
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