Europe Summary and Highlights 12 Oct

October 12, 2026 9:54 AM UTC

Thin morning, sandwiched between a Japan and a US holiday
IMM data shows euro post-2020 short, but not extreme

Europe Summary and Highlights 9 Oct

October 9, 2026 10:00 AM UTC

USD has drifted off Friday against most currencies due to a number of reasons.

Europe Summary and Highlights 8 Oct

October 8, 2026 9:55 AM UTC

Little movement in Europe for FX, as attention switches to next week. 

Europe Summary and Highlights 7 Oct

October 7, 2026 9:55 AM UTC

USD/JPY choppy sideways movements shows that the USD needs a catalyst. 

Europe Summary and Highlights 6 Oct

October 6, 2026 9:55 AM UTC

Europe
The USD is stabilising in Europe after a bounce in Asia.  USDJPY rejecting the 158.00 key level, has produced some caution among the USD bulls.  Additionally, though a report suggests that the BOJ in October will declare that 2% inflation has been meet, the BOJ is only expected to hike by 25

Europe Summary and Highlights 5 Oct

October 5, 2026 9:55 AM UTC

The EUR has stabilised in European trading, but the tone still remains negative. 

Europe Summary and Highlights 2 Oct

October 2, 2026 10:05 AM UTC

Dollar breather into payrolls, euro still weighed on crosses 
OAT-bund still wider, if on underperformance, political development become key next few days
CHF still profit-taking/short covering with switch in focus from carry to risk avoidance
Japan CPI comes in high, EZ follows national prints; payro

Europe Summary and Highlights 1 Oct

October 1, 2026 10:00 AM UTC

Dollar remains in ascendancy, from EM/carry to majors
EUR/USD extends the low to 1.1280s support; USD/JPY rebounds after period end, into expiries

Europe Summary and Highlights 30 Sep

September 30, 2026 10:09 AM UTC

USD/JPY, yen crosses, dip on period-end yen demand, before paring
AUD still easing back, CPI slightly below mkt
GBP trying to base, upward GDP revision helps
EZ national CPI measures coming in high, supporting hike bets, though still skew to Dec over Sep

Europe Summary and Highlights 29 Sep

September 29, 2026 10:10 AM UTC

AUD sells fact out of RBA hike
Dollar retains broad bid, EUR/USD stretches for June lows
USD/JPY still comparatively capped out of yesterday's verbals

Europe Summary and Highlights 28 Sep

September 28, 2026 10:09 AM UTC

Japan verbals, warning mkt to take yen view at face value, knocks USD/JPY back again
CHF remains on a weakening track on the back of uniquely low rates
EUR/GBP rejects resistance test again, market has got stretched short GBP
Oil back to nearer $110 than $100 as Trump rejects deal

Europe Summary and Highlights 25 Sep

September 25, 2026 10:02 AM UTC

USD/JPY trims, FinMIn Katayama advertises Trump's concern at yen weakness
Bonds, dollar steady in the morning after rapid run
Cable offered touch of support from recent BoE comments lifting Nov hike odds
Oil trims as US-Iran talks continue, market not overly convinced of anything soon

Europe Summary and Highlights 24 Sep

September 24, 2026 10:00 AM UTC

CHF remains pressured as SNB increasingly uniquely dovish
NOK and SEK get modest lifts out of hike and hawkish hold

Europe Summary and Highlights 23 Sep

September 23, 2026 10:07 AM UTC

Dollar retains broad bid, moving with spreads on the post Fed action
EUR/USD sees follow through to next support after clearing 1.1450, cable extends toward fib
Despite this, notable positive surprise in EZ PMI, orders to 4 year highs - one to watch
UK PMI in contrasts slightly disappoints if staying i

Europe Summary and Highlights 22 Sep

September 22, 2026 10:10 AM UTC

Brent tests below $100 with eyes on UN meeting Iran diplomacy
Press reports float Iran proposal to open Strait in exchange of ease in blockade
USD/JPY re-tests 157 support after earlier look up in range

Europe Summary and Highlights 21 Sep

September 21, 2026 10:15 AM UTC

Japan on holiday, European morning quiet
USD/JPY sticks to the 157s after last week's swings, rate checking talk, and circumspect through Japan holiday
Oil eases further, eying UN for diplomatic efforts ; boosts sentiment with equities up 1%, and yields trimming

Europe Summary and Highlights 18 Sep

September 18, 2026 10:11 AM UTC

USD/JPY extends bounce on yen sell the fact out of non-hawkish BoJ hike
Lack of overt signalling and mixed comments fail to validate mkt pricing, seeing supply step back
Pair runs for next resistance at 158~

Europe Summary and Highlights 17 Sep

September 17, 2026 10:05 AM UTC

Consolidation out of the FOMC move, some risk bounce
USD/JPY sees capping, eying BoJ, expiry, supply
UK BoE MPC the next focus

Europe Summary and Highlights 16 Sep

September 16, 2026 10:09 AM UTC

FX quiet and flatlined into the key FOMC meeting
UK CPI as expected, maintains recent broad story, sterling little impacted into the MPC

Europe Summary and Highlights 15 Sep

September 15, 2026 10:07 AM UTC

Some position lightening on USD/JPY extends to next resistance
UK labour market soft, though no additional GBP impact felt
Same global backdrop, with oil, yields and equities feeling pressure

Europe Summary and Highlights 14 Sep

September 14, 2026 10:03 AM UTC

Risk weighed by energy concerns and AI related setbacks - OpenAI delay and development slowdown 
EUR/USD caught a bit offside and pulled back from 1.16+ to 1.550-
USD/JPY test bounce supply, risk/USD (SEK, NZD...) sees sharper moves

Europe Summary and Highlights 11 Sep

September 11, 2026 10:15 AM UTC

Oil pulls back from yesterday's surge, bonds hold just off the big yield highs
US CPI the major focus for the US session
UK GDP surprises to the upside - only minor reaction, though keeps EUR/GBP capped

Europe Summary and Highlights 10 Sep

September 10, 2026 10:15 AM UTC

Largely sideways ahead of ECB and US inflation data
Energy complex still under upward pressure, especially distillates 

Europe Summary and Highlights 9 Sep

September 9, 2026 10:29 AM UTC

USD/JPY stays top heavy though pares the test of lows overnight amid oversold conditions
Brent tests $100 amid ongoing US-Iran exchanges
Buyback op. size one talking point later; otherwise key events Thu-Fri

Europe Summary and Highlights 8 Sep

September 8, 2026 10:01 AM UTC

Some intraday covering / break re-test after the Asia USD/JPY downside extension
AUD/NZD sees a pops after breaking the highs
Energy still in focus after Saudi disruption, ongoing verbal escalation

Europe Summary and Highlights 7 Sep

September 7, 2026 10:15 AM UTC

SEK slips out of downside surprise in CPI
USD/JPY follows through after taking out support

Europe Summary and Highlights 4 Sep

September 4, 2026 10:16 AM UTC

Waiting for payrolls for next steer into the weekend
Otherwise some corrective bounce from USD/JPY on the fast run down towards 155
And EUR/USD holds near to 1.16 expiries into the data

Europe Summary and Highlights 3 Sep

September 3, 2026 10:20 AM UTC

JPY still seeing short covering momentum 
CHF tempered by higher CPI after getting oversold, though still the low inflation, low rates counter

Europe Summary and Highlights 2 Sep

September 2, 2026 10:04 AM UTC

Bond pressure still in focus, risk somewhat weighed
Yen finding some support and renewed short switching to CHF
NZD continues to sell back from range tops after RBNZ, sell fact snowballs over session

Europe Summary and Highlights 1 Sep

September 1, 2026 10:10 AM UTC

USD/JPY and EUR/USD sit at big figures, consolidating the Warsh adjustment
Bond yield highs remain in focus, along with risk impact
EZ HICP high headline as expected, cements ECB hike; details have nuances

Europe Summary and Highlights 31 August

August 31, 2026 10:00 AM UTC

The USD lost a little ground in Europe, as a mild correction to Friday’s USD surge.

Europe Summary and Highlights 28 Aug

August 28, 2026 10:06 AM UTC

Markets tread water ahead of Warsh speech

Europe Summary and Highlights 27 Aug

August 27, 2026 10:10 AM UTC

Nvidia’s earnings bolster tech
FX quiet, Warsh the next focal point

Europe Summary and Highlights 26 Aug

August 26, 2026 10:09 AM UTC

AUD remains firmer out of CPI data
CAD and NOK off slightly as oil drops back further on ongoing talks

Europe Summary and Highlights 25 Aug

August 25, 2026 10:11 AM UTC

Oil drifts further off highs, as status quo continues
Improvement in German data

Europe Summary and Highlights 24 Aug

August 24, 2026 10:06 AM UTC

CAD underperforms after w/e talk breakdown
Leaks into some o/s correction in the likes of USD/NOK
Oil slightly trims, waits on sanctions details next

Europe Summary and Highlights 20 Aug

August 20, 2026 10:09 AM UTC

Dollar continues to slip after yesterday's breaks
EUR/USD testing 1.17 and GBP/USD 1.3650; USD/CAD retracement continues
SEK slips after cautious hold from Riksbank

Europe Summary and Highlights 19 Aug

August 19, 2026 10:02 AM UTC

Equity and bond back and forth, market edgy up at these levels
CAD does react much initially to deadline extension, suggestion of potential deal, but still has potential
GBP little moved out of broadly as expected CPI

Europe Summary and Highlights 18 Aug

August 18, 2026 9:57 AM UTC

Little traction outside of modest NZD pullback
Risk tone tempered by US-Iran escalating standoff 
UK labour data helps keep BoE paused in wait and see mode

Europe Summary and Highlights 17 Aug

August 17, 2026 10:26 AM UTC

USD generally softer across the board on ongoing summer low vol and Fed expectations retreat drivers
CHF also sees a technical bounce as EUR/CHF uptrend held by test of Dec25 resistance

Europe Summary and Highlights 14 Aug

August 14, 2026 10:23 AM UTC

Summer quiet continues for now, dollar leaks out with the low vol trade
USD/JPY eases off weekly lift, BoJ still discussed
USD/CAD extends the pullback as shorts trim

Europe Summary and Highlights 13 Aug

August 13, 2026 10:10 AM UTC

Norges slighly less hawkish, if reserving judgement on inflation and rates; NOK off slightly
AUD/NZD eases from 1.21 test seen after NZ inflation expectations data
UK GDP holds up, but recently stagnant, GBP unmoved

Europe Summary and Highlights 12 Aug

August 12, 2026 10:13 AM UTC

Sideways run into the key US CPI data
Gold and silver continue their breaks higher however
AUD/NZD has a bit of a pop on the 1.2 clearance

Europe Summary and Highlights 11 Aug

August 11, 2026 10:16 AM UTC

Quiet European morning, oil prices still drifting out higher with US frustrations with no-win options

Europe Summary and Highlights 10 Aug

August 10, 2026 10:05 AM UTC

USD/JPY clear last week's high, building off recent basing, slight extra pop
NOK off a touch after lower core CPI

Europe Summary and Highlights 7 Aug

August 7, 2026 9:57 AM UTC

Waiting for Iran news and key US payrolls release
Silver the main mover, breaking out and up almost 5%

Europe Summary and Highlights 6 Aug

August 6, 2026 10:08 AM UTC

Still tight ranging waiting for the next news
SEK a fraction firmer after CPI, more focused on risk
Copper nudges new highs further after DRC move

Europe Summary and Highlights 5 Aug

August 5, 2026 10:17 AM UTC

Waiting on Iran news, Houthis provocative
NZD still the day's main mover after unemployment data

Europe Summary and Highlights 4 Aug

August 4, 2026 9:57 AM UTC

Quiet morning, some backfilling from oversold dollar