Europe Summary and Highlights 28 May

May 28, 2026 10:04 AM UTC

Overnight blips faded, oil stays towards the lows so long as talks not declared derailed
Volatility continues to compress

Europe Summary and Highlights 27 May

May 27, 2026 9:54 AM UTC

Some corrective action on the popular crosses
AUD/NZD extends the corrective pullback out of the RBNZ
NOK/SEK adjusting as the lower Brent prices stick even with the strains

Europe Summary and Highlights 26 May

May 26, 2026 9:55 AM UTC

Quiet session, EUR slightly firmer after Schnabel comments

Europe Summary and Highlights 22 May

May 22, 2026 9:56 AM UTC

Quiet session, GBP resilient despite weak UK retail sales

Europe Summary and Highlights 21 May

May 21, 2026 9:51 AM UTC

EUR and GBP resilient despite weak PMIs

Europe Summary and Highlights 20 May

May 20, 2026 9:36 AM UTC

UK CPI softer, but PPI firmer and focus elsewhere on future developments
Oil trims, but part of a wider holding pattern as mkt navigates more verbal noise than signal on Iran for now
Tech risk eyes Nvidia the next focus
US20yr auction an d Fed Minutes of interest for USTs

Europe Summary and Highlights 19 May

May 19, 2026 10:44 AM UTC

Soft UK labour market data, gilt yields trim. GBP consolidates yesterday's position trimming bounce
Dollar remains propped amid uncertain backdrop, USD/JPY creeping higher into intervention zone

Europe Summary and Highlights 18 May

May 18, 2026 9:51 AM UTC

Mkts take a breather after Fri moves, dollar pairs consolidate off support test
G7 underway, watching headlines but not expecting much 

Europe Summary and Highlights 15 May

May 15, 2026 10:33 AM UTC

Trumps hawkish tone on Iran continues, overstretched risk markets feeling some gravity
Dollar continues squeeze, taking out some levels, adding to broader corrective action 

Europe Summary and Highlights 14 May

May 14, 2026 10:00 AM UTC

Quiet session, US retail sales next focus

Europe Summary and Highlights 13 May

May 13, 2026 10:12 AM UTC

GBP and gilts steady as immediacy of PM challenge seen abating, even as long-term prospects remain doubtful
Dollar still nudging firmer, DXY and EUR/USD testing next levels
US-China talks kick off and key focus for rest of week

Europe Summary and Highlights 12 May

May 12, 2026 10:04 AM UTC

GBP sold as pressure on Starmer ramps up, and gilts spike at open, though trim off support/resistance tests
Oil creeps higher as standoff rolls on, keeping dollar supported

Europe Summary and Highlights 11 May

May 11, 2026 10:29 AM UTC

Overnight moves faded as oil bounce trims, dollar back to pretty flat

Europe Summary and Highlights 8 May

May 8, 2026 10:18 AM UTC

USD modestly weaker through European morning, NOK strong 

Europe Summary and Highlights 7 May

May 7, 2026 10:09 AM UTC

USD modestly weaker through European morning, NOK strong on Norges Bank rate hike

Europe Summary and Highlights 6 May

May 6, 2026 10:28 AM UTC

USD modestly weaker through European morning as oil drops and equities gain

Europe Summary and Highlights 04 March

March 4, 2026 10:47 AM UTC

The USD drifted slightly lower in Europe.  

Europe Summary and Highlights 02 March

March 2, 2026 10:55 AM UTC

The USD drifted slightly lower in Europe waiting for more developments from the Iran war.  

Europe Summary and Highlights 16 Feb

February 16, 2026 10:25 AM UTC

The USD drifted marginally higher versus the JPY in early European trading, but traders say this is technical and a mild correction to JPY gains seen last week.

Europe Summary and Highlights 5 May

January 20, 2026 11:10 AM UTC

The JPY was generally weaker through the European morning as equities traded firmer. The USD edged marginally lower against European currencies

Europe Summary and Highlights 19 Jan

January 19, 2026 11:13 AM UTC

The USD was not much changed through the European morning.

Europe Summary and Highlights 16 Jan

January 16, 2026 11:04 AM UTC

The USD edged a little lower through a largely newsless European morning, with the JPY the best performer of the majors.

Europe Summary and Highlights 15 Jan

January 15, 2026 11:13 AM UTC

The USD was mixed through the European morning, losing ground to the JPY and AUD but gaining against GBP. 

Europe Summary and Highlights 14 Jan

January 14, 2026 11:18 AM UTC

The USD was generally weaker through the European morning, with USD/JPY dropping half a figure to 158.65 and EUR/USD 10 pips higher at 1.1655.

Europe Summary and Highlights 13 Jan

January 13, 2026 11:07 AM UTC

The USD lost around 0.1% against the EUR and a tad less against GBP but was otherwise little changed in a quiet European morning. 

Europe Summary and Highlights 12 Jan

January 12, 2026 11:18 AM UTC

The USD was slightly lower across the board through the European morning.

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.

Europe Summary and Highlights 8 Jan

January 8, 2026 11:08 AM UTC

The USD gained around 0.1% against GBP, scandis and the JPY but was otherwise little changed through the European morning.

Europe Summary and Highlights 7 Jan

January 7, 2026 11:31 AM UTC

The USD made modest gains of around 0.1% across the board in the European morning.

Europe Summary and Highlights 6 Jan

January 6, 2026 11:18 AM UTC

The USD gained a little ground through the European morning, primarily against the riskier currencies.

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.