The Flow Show - Thursday 4th June 2026 - US data excels again
Macro divergence is becoming evident as the US data continues to hold up. Yesterday, ADP reported that May saw the broadest job creation for many years. The ISM services PMI was a strong one and now we're just starting to get a few Fed members twitching about inflation.
USDCAD seems to be at the mercy of that macro divergence as it's breaking up through the levels.
Meanwhile USDJPY nudged through the 160 level before pulling back under, and yet again we saw a spike lower on a BOJ sources piece hoovered up just as quickly. What's next for the pair?
Join us LIVE everyday at 10.30 UK time for The Flow Show, where we cut through the news and moves from the Asia and early European sessions, and plan for trading the day ahead.
Bringing you the latest market news, views and trading moves!
The Flow Show aims to bring you the latest updates from the Asia and European sessions. We'll also talk about what's driving markets and how the intraday and longer-term themes may have changed. We aim to teach and cut through the jargon surrounding the fundamentals, as well as talking about trading dos and don'ts. Most importantly, we want your input, so have your questions ready.
USDCAD seems to be at the mercy of that macro divergence as it's breaking up through the levels.
Meanwhile USDJPY nudged through the 160 level before pulling back under, and yet again we saw a spike lower on a BOJ sources piece hoovered up just as quickly. What's next for the pair?
Join us LIVE everyday at 10.30 UK time for The Flow Show, where we cut through the news and moves from the Asia and early European sessions, and plan for trading the day ahead.
Bringing you the latest market news, views and trading moves!
The Flow Show aims to bring you the latest updates from the Asia and European sessions. We'll also talk about what's driving markets and how the intraday and longer-term themes may have changed. We aim to teach and cut through the jargon surrounding the fundamentals, as well as talking about trading dos and don'ts. Most importantly, we want your input, so have your questions ready.
