EMEA Insights

January 09, 2026

Chart EUR/JPY Update: Limited gains

January 9, 2026 2:32 PM UTC

Choppy trade around support at 183.00 has given way to a JPY-driven bounce

U.S. December Employment - Non-Farm Payrolls disappoint but Unemployment down

January 9, 2026 2:26 PM UTC

December’s non-non-farm payroll at 50k is marginally softer than expected, and a net negative given a substantial net downward revision of 76k to October and November, with the bulk of the revision coming in October when the government shutdown made measurement more challenging. Unemployment howev

USD. CAD flows: US employment report slightly softer, Canadian report in line

January 9, 2026 1:51 PM UTC

USD edges lower after employment report

Chart USD/RUB Update: Under pressure

January 9, 2026 12:42 PM UTC

The anticipated break higher has not been seen

Chart USD/ZAR Update: Approaching 16.6000

January 9, 2026 12:28 PM UTC

Minor gains are extending, as daily readings continue to rise, with focus now on resistance at 16.6000

This week's five highlights

January 9, 2026 12:00 PM UTC

Oil and Geopolitics Around Venezuela
U.S. Sphere of Influence or More for Greenland
This Week's Fed Speakers
DXY on a Good Start So Far
EZ Services Inflation Still Resilient But Core Goods Soften Further

Chart EUR/CAD Update: Leaning lower

January 9, 2026 11:43 AM UTC

Little change, as negative intraday studies keep near-term sentiment under pressure

Chart EUR/CHF Update: Consolidating

January 9, 2026 11:21 AM UTC

Little change, as prices extend consolidation within the 0.9300 - 0.9325 range

Europe Summary and Highlights 9 Jan

January 9, 2026 11:13 AM UTC

The USD extended overnight gains against the JPY, with USD/JPY up 20 pips to 157.65, and AUD/USD also slipped another 10 pips to 0.6680, but European currencies were broadly stable against the USD.

Psychology for major markets Jan 9

January 9, 2026 11:12 AM UTC

Mildly firmer USD ahead of employment report

FX Daily Strategy: N America, January 9th

January 9, 2026 9:54 AM UTC

US employment report may support recent USD strength
Supreme Court ruling on tariffs may work against USD gains
CAD correction lower could extend on weaker employment data
NOK has potential for recovery despite CPI risks

Chart USD/CHF Update: Limited scope above 0.8000

January 9, 2026 9:19 AM UTC

The anticipated drift higher has reached congestion resistance at 0.8000

Chart USD Index DXY Update: Resistance within 99.00/31

January 9, 2026 9:08 AM UTC

No change to the modestly positive tone

Chart EUR/GBP Update: Gains to remain limited

January 9, 2026 8:50 AM UTC

Anticipated gains have been pushed back from 0.8690 into consolidation above support at the 0.8670 October range lows

Chart EUR/USD Update: Reached 1.1640/50 - studies under pressure

January 9, 2026 8:40 AM UTC

Anticipated losses have reached support at congestion around 1.1650 and the 1.1640 retracement

Chart GBP/USD Update: Lower towards 1.3400 - daily studies under pressure

January 9, 2026 8:29 AM UTC

Little change, as prices extend cautious trade above congestion support at 1.3400

Chart EUR/AUD Update: Extend corrective bounce from 1.7290 low

January 9, 2026 7:39 AM UTC

Turned up from the 1.7290 low to regain the 1.7400 level as prices retrace recent sharp losses from the 1.7800, December high

EUR, NOK flows: NOK supported by CPI, German output strong

January 9, 2026 7:30 AM UTC

NOK firmer after CPI comes in above consensus. EUR should find support from stronger German output

India CPI Preview: Inflation Set to Rise in December

January 9, 2026 6:45 AM UTC

December’s CPI print is set to mark the end of India’s disinflation cycle. The RBI now has policy space, but the window may narrow fast as base effects fade and core inflation steadies. CPI is expected to trend up to 1.1% y/y in December.

AUD/USD flows: Risk undecided

January 9, 2026 6:00 AM UTC

Risk sentiment soft
Trump proposes $200bn mortgage-bond buying plan to cut US home loan rates

FX Daily Strategy: Europe, January 9th

January 9, 2026 4:22 AM UTC

USD/JPY flows: Household Spending Strong

January 9, 2026 3:25 AM UTC

Japan November 2025 Household Spending +2.9% y/y
China curbs rare-earth exports to Japan

Chart GBP/USD Update: Edging lower towards 1.3400 support

January 9, 2026 1:26 AM UTC

Extending pullback from the 1.3568 high as prices unwind overbought intraday and daily studies to approach support at the 1.3400 level

Chart EUR/USD Update: Extending corrective pullback from December high

January 9, 2026 1:16 AM UTC

Extending pullback from the December high to reach strong support at the 1.1650 congestion

Chart EUR/JPY Update: Weighing on 183.00 level

January 9, 2026 1:06 AM UTC

Leaning lower from the December 2025 year high to pressure the 183.00 level