Europe Summary and Highlights 5 Jan

January 5, 2026 11:21 AM UTC

The USD was slightly weaker through the European morning.

Europe Summary and Highlights 2 Jan

January 2, 2026 11:12 AM UTC

A quiet European morning saw EUR/USD edge a little lower, dropping 20 pips to 1.1725.

Europe Summary and Highlights 31 Dec

December 31, 2025 11:00 AM UTC

The USD moved sideways in Europe.  

Europe Summary and Highlights 30 Dec

December 30, 2025 11:00 AM UTC

Sideways trading in Europe on Dec 30 so far.

Europe Summary and Highlights 23 December

December 23, 2025 11:03 AM UTC

European trading has seen the focus remain on the JPY after Asia’s rally on repeated threats from Japanese officials over FX intervention.

Europe Summary and Highlights 22 December

December 22, 2025 11:03 AM UTC

European trading sees the focus remaining on the JPY, after Japanese officials warned over FX intervention in Asia. 

Europe Summary and Highlights 19 December

December 19, 2025 11:08 AM UTC

USD/JPY continued to move sharply higher through the European morning, gaining 135 pips to 157.35 from an open near 156.

Europe Summary and Highlights 18 December

December 18, 2025 11:11 AM UTC

European currencies dropped back through the European morning, with EUR/USD losing 20 pips to 1.1725.

Europe Summary and Highlights 17 December

December 17, 2025 11:13 AM UTC

GBP fell back through the European morning after much weaker than expected UK November CPI data which showed CPI inflation falling to 3.2% y/y on both a headline and a core basis. 

Europe Summary and Highlights 16 December

December 16, 2025 11:21 AM UTC

GBP made some gains through the European morning, benefiting from a slightly less weak than expected labour market report for the 3 months to October.

Europe Summary and Highlights 12 December

December 12, 2025 11:32 AM UTC

The USD was generally firmer through the European morning session, with the JPY continuing to underperform.

Europe Summary and Highlights 11 December

December 11, 2025 11:15 AM UTC

The USD was generally lower through the European morning session.

Europe Summary and Highlights 10 December

December 10, 2025 11:23 AM UTC

There was little net change in most FX rates in the European morning.

Europe Summary and Highlights 9 December

December 9, 2025 11:06 AM UTC

There was little net change in most FX rates in the European morning.

Europe Summary and Highlights 8 December

December 8, 2025 11:14 AM UTC

The USD gained ground through the European morning, with the JPY the biggest loser, USD/JPY rising 30 pips to 155.50.

Europe Summary and Highlights 5 December

December 5, 2025 11:31 AM UTC

The USD gained ground through the European morning, with the JPY the biggest loser, USD/JPY rising 60 pips to 155.10.

Europe Summary and Highlights 4 December

December 4, 2025 11:15 AM UTC

The JPY was generally stronger through the European morning, with USD/JPY down 50 pips to 154.75, and EUR/JPY down 50 pips to 1.8055.

Europe Summary and Highlights 3 December

December 3, 2025 11:17 AM UTC

The USD was generally weaker through the European morning, with GBP and scandis making the biggest gains.

Europe Summary and Highlights 2 December

December 2, 2025 11:11 AM UTC

The USD made general gains through the European morning, most notably against the JPY, with USD/JPY rising 30 pips to 156.05.

Europe Summary and Highlights 1 December

December 1, 2025 11:19 AM UTC

The USD was softer through the European morning, with EUR/USD gaining 30 pips to 1.1625 and USD/JPY extending overnight losses by 35 pips to 155.25. 

Europe Summary and Highlights 28 November

November 28, 2025 11:18 AM UTC

Then EUR was weaker across the board through the European morning.

Europe Summary and Highlights 27 November

November 27, 2025 11:25 AM UTC

The USD edged slightly higher through the European morning, gaining less than 0.1% against the EUR and JPY and about 0.1% against GBP and CHF, which were the weakest currencies on the morning.

Europe Summary and Highlights 26 November

November 26, 2025 11:12 AM UTC

The USD was generally stronger through the European morning, reversing some of the overnight losses in Asia.

Europe Summary and Highlights 25 November

November 25, 2025 11:23 AM UTC

The USD was slightly softer through the European morning, with the JPY making the biggest gains, USD/JPY falling from 156.65 to 156.40. 

Europe Summary and Highlights 24 November

November 24, 2025 11:23 AM UTC

The EUR and CHF made gains through the European morning, with EUR/USD up 20 pips to 1.1540 and USD/CHF down 30 pips to 0.8060.

Europe Summary and Highlights 21 November

November 21, 2025 11:25 AM UTC

USD/JPY dropped half a figure, EUR/USD lost 20 pips and AUD/USD lost 15 pips through the European morning.

Europe Summary and Highlights 20 November

November 20, 2025 11:15 AM UTC

The JPY recovered some ground through the European morning, with USD/JPY dropping 60 pips from the open at 157.78 to a low of 157.17 before bouncing slightly to 157.35.

Europe Summary and Highlights 19 November

November 19, 2025 11:23 AM UTC

JPY weakness was the main feature of the European morning. 

Europe Summary and Highlights 18 November

November 18, 2025 11:08 AM UTC

Then USD was mixed through the European morning, making some gains against the European currencies and the JPY, but falling back against the commodity currencies, reflecting a mild risk positive tone as equities edged back up after overnight losses.

Europe Summary and Highlights 17 November

November 17, 2025 11:15 AM UTC

Then USD was generally firmer through the European morning, gaining against almost all the major currencies, with GBP holding its own, and scandis making some gains.

Europe Summary and Highlights 14 November

November 14, 2025 11:17 AM UTC

Then USD was generally firmer through the European morning, gaining against almost all the major currencies, with only the CHF and GBP holding their own.

Europe Summary and Highlights 13 November

November 13, 2025 11:16 AM UTC

Then USD fell back across the board through the European morning.

Europe Summary and Highlights 12 November

November 12, 2025 11:07 AM UTC

USD/JPY continued to advance through the European morning, making another new post February high at 154.91, with EUR/JPY making another new all time high at 179.30.

Europe Summary and Highlights 10 November

November 10, 2025 11:29 AM UTC

EUR/NOK dropped 4 figures to trade below 11.70 in the European morning, after stronger than expected October CPI data.

Europe Summary and Highlights 7 November

November 7, 2025 11:16 AM UTC

The USD moved slightly lower through a quiet European morning session.

Europe Summary and Highlights 6 November

November 6, 2025 11:07 AM UTC

The USD saw some modest losses against GBP and the JPY through the European morning, with the scandis also making gains, while most other pairs were little changed.

Europe Summary and Highlights 5 November

November 5, 2025 11:06 AM UTC

The USD made some very modest gains through the European morning, edging less than 0.1% higher against most currencies. 

Europe Summary and Highlights 3 November

November 3, 2025 11:18 AM UTC

The EUR fell back in the European morning, dropping 25 pips to 1.1515 after failing a test of the 1.1540 resistance area in late Asia.

Europe Summary and Highlights 31 October

October 31, 2025 11:12 AM UTC

The USD was generally not much changed through a quiet European morning.

Europe Summary and Highlights 30 October

October 30, 2025 11:15 AM UTC

The JPY continued to weaken through the European morning, extending overnight losses following the Fed and BoJ decisions, with USD/JPY gaining around half a figure to 153.95.

Europe Summary and Highlights 29 October

October 29, 2025 11:16 AM UTC

GBP fell back against then EUR in the European morning session, with EUR/GBP extending yesterday’s gains to make another new high for the year at 0.8814, the highest since May 2023. GBP/USD was also 15 pips lower on the morning, while EUR/USD gained 15 pips to 1.1645.

Europe Summary and Highlights 28 October

October 28, 2025 11:12 AM UTC

The USD was marginally softer in a quiet European morning session.

Europe Summary and Highlights 27 October

October 27, 2025 11:12 AM UTC

The USD was generally softer through the European morning, with EUR/USD gaining 15 pips to 1.1640, and USD/JPY down 25 pips to 152.75. 

Europe Summary and Highlights 24 October

October 24, 2025 10:20 AM UTC

The USD was generally not much changed through the European morning, but EUR/USD did manage gains of around 15 pips helped by stronger than expected preliminary October PMI data. Eurozone composite PMI rose to 52.2, its highest since May 2023, driven primarily by a sharp rise in the German services

Europe Summary and Highlights 23 October

October 23, 2025 12:05 PM UTC

AUD/USD gained 20 pips to 0.6510, USD/JPY rose 20 pips to 152.60, EUR/NOK fell 4 figures to 111.58 and EUR/GBP lost 10 pips to 0.8685 in the European morning.

Europe Summary and Highlights 22 October

October 22, 2025 10:19 AM UTC

GBP was the biggest mover on the morning, with EUR/GBP rising 30 pips to 0.8710 on the back of a weaker than expected UK September CPI number, which showed the headline inflation rate unchanged at 3.8% and the core dropping to 3.5% from 3.6%. UK 2 year yields dropped 10bps on the news.

Europe Summary and Highlights 21 October

October 21, 2025 10:40 AM UTC

USD/JPY was the main mover in the European morning, gaining to 151.80 in a choppy session.

Europe Summary and Highlights 20 October

October 20, 2025 10:15 AM UTC

The USD was generally slightly firmer against the riskier currencies through the European morning, with EUR/USD dropping 15 pips to 1.1660 and AUD/USD down around 10 pips to 0.6495.

Europe Summary and Highlights 17 October

October 17, 2025 10:16 AM UTC

EUR/USD fell back 20 pips through the European morning to trade below 1.17, and the riskier currencies were generally slightly softer against the USD, while USD/JPY and USD/CHF were net little changed after dropping in early trading.