FX Highlights

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July 12, 2024

North American Summary and Highlights 12 July
Freemium Article

July 12, 2024 7:50 PM UTC

Overview - The USD was softer after mixed US PPI data, particularly versus the JPY. 

European Summary and Highlights 12 July
Paying Article

July 12, 2024 10:04 AM UTC

The USD was generally a little weaker against the riskier currencies through the European morning, with GBP the best performer.

This week's five highlights
Freemium Article

July 12, 2024 10:00 AM UTC

U.S. June CPI Very soft
USD/JPY Swings
More Upside Surprises on UK GDP
RBNZ Signals easing soon
Weak CPI and M2 Trends in China

Asia Summary and Highlights 12 July
Freemium Article

July 12, 2024 5:06 AM UTC

USD/JPY slumps in the early Asia hours

Asia Open - Overnight Highlights
Paying Article

July 12, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback slumped on weaker than expected U.S. CPI. KRW saw the largest gains of 0.85%, followed by SGD 0.45%, THB 0.36%, CNH 0.34%, IDR 0.28%, MYR 0.26%, CNY and TWD 0.25%, PHP and HKD 0.05%.
USD/CNH is trading lower at 7.2677

July 11, 2024

North American Summary and Highlights 11 July
Freemium Article

July 11, 2024 7:46 PM UTC

Overview - The USD, USD/JPY in particular, fell sharply on a lower than expected CPI though ended off its lows.  

European Summary and Highlights 11 July
Paying Article

July 11, 2024 10:08 AM UTC

The USD was generally a little weaker through the European morning, losing around 0.1% across the board.

Asia Summary and Highlights 11 July
Freemium Article

July 11, 2024 4:58 AM UTC

Australian Consumer Inflation Expectations 4.3%

July 10, 2024

North American Summary and Highlights 10 July
Freemium Article

July 10, 2024 7:52 PM UTC

Overview - The USD was little changed overall, advancing versus the JPY but slipping versus the GBP after comments from BoE’s Pill.  

European Summary and Highlights 10 July
Paying Article

July 10, 2024 10:15 AM UTC

The USD was generally a little firmer through a quiet European morning, particularly against the JPY.

Asia Summary and Highlights 10 July
Freemium Article

July 10, 2024 5:06 AM UTC

RBNZ kept rates unchanged at 5.5% and suggest inflation approaching target range
Japan June PPI +0.2% m/m and +2.9% y/y 

Asia Open - Overnight Highlights
Paying Article

July 10, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform individually against the USD as the broad FX market is slow on the lack of economic release in Asia session. THB saw the largest gains of 0.19%, followed by PHP 0.15%, MYR 0.04%, IDR 0.03% and INR 0.01%; the biggest losers are TWD 0.15%, SGD 0.07%, CNY 0.06%, CNH 0

July 09, 2024

North American Summary and Highlights 9 July
Freemium Article

July 9, 2024 7:56 PM UTC

Overview - The USD made modest gains on Powell’s testimony, though he provided few surprises.  

European Summary and Highlights 09 July
Paying Article

July 9, 2024 10:21 AM UTC

The USD was generally a little firmer through a quiet European morning, EUR/USD losing around 10 pips to 1.0820 and USD/JPY gaining 20 pips to trade above 161.

Asia Summary and Highlights 9 July
Freemium Article

July 9, 2024 5:23 AM UTC

The Bank of Japan will be holding in-person meetings with market participants this week

July 08, 2024

North American Summary and Highlights 8 July
Freemium Article

July 8, 2024 7:50 PM UTC

Overview - There was not much FX movement though EUR/JPY hit a 32-year high before correcting.  

European Summary and Highlights 08July
Paying Article

July 8, 2024 10:08 AM UTC

The EUR initially fell back in the European morning, mainly against the CHF, following the unexpected victory for the Left Alliance in the second round of the French parliamentary election. 

Asia Summary and Highlights 8 July
Freemium Article

July 8, 2024 4:25 AM UTC

EUR/USD gap lower after weekend news on french election
Japan May Labor Cash Earning 1.9% y/y with April revised to 1.6% from 2.1%

Asia Open - Overnight Highlights
Paying Article

July 8, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback remain low after headline NFP beats estimates but details lacking. IDR saw the largest gains of 0.33%, followed by IDR 0.32%, SGD 0.24%, THB 0.14%, PHP 0.11%, CNH  0.07%, IDR, KRW and MYR 0.01%; the biggest losers a

July 05, 2024

North American Summary and Highlights 5 July
Freemium Article

July 5, 2024 7:53 PM UTC

Overview - GBP saw post-election gains while the USD ended lower after US employment details came in mostly on the weak side.  

European Summary and Highlights 05July
Paying Article

July 5, 2024 10:12 AM UTC

GBP moved slightly higher through the European morning, with EUR/GBP dropping 10 pips to 0.8465 following the confirmation of a victory for the Labour party in the U general election held on Thursday. 

This week's five highlights
Paying Article

July 5, 2024 10:00 AM UTC

Trump now Front-Runner for President
UK Election Shows Labour’s Solid Victory
June FOMC Minutes Saw Cooling Economy but Little Discussion of Easing
U.S. Non-Farm Payrolls may suggest some loss of momentum
EZ HICP Disinflation Resumes Amid Services Resilience

Asia Summary and Highlights 5 July
Freemium Article

July 5, 2024 5:20 AM UTC

UK election exit polls show Labor wins and conservative likely having fewest seats since founded
Japan finance minister Suzuki says weak yen is pushing up import costs

Asia Open - Overnight Highlights
Paying Article

July 5, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback tread lower while observing Independence day. TWD saw the largest gains of 0.51%, followed by KRW 0.39%, THB 0.36%, PHP 0.25%, IDR 0.24%, MYR 0.22%, SGD 0.14%, CNH 0.13%, INR 0.04%, CNY 0.03% and HKD 0.01%.
USD/CNH is

July 04, 2024

North American Summary and Highlights 4 July
Freemium Article

July 4, 2024 3:23 PM UTC

Nothing of any real note to report in the European afternoon with the US on holiday. FX rates were essentially stable, although the CAD managed marginal gains.

European Summary and Highlights 04July
Paying Article

July 4, 2024 10:04 AM UTC

The USD edged lower in a quiet European morning session, falling around 0.1% across the board.

Asia Summary and Highlights 4 July
Freemium Article

July 4, 2024 5:40 AM UTC

Australia May Trade Balance AUD 5773m, expected 6678m while both export and import improves.
Some U.S. politics fiasco
Japan M5.4 earthquake off Chiba prefecture

July 03, 2024

North American Summary and Highlights 3 July
Freemium Article

July 3, 2024 7:45 PM UTC

Overview - The USD slipped after weaker labor market and ISM services data, but finished off its lows.  

European Summary and Highlights 03July
Paying Article

July 3, 2024 10:06 AM UTC

EUR/USD gained 20 pips to 1.0760 in the European morning, with the USD generally weaker against the European currencies, with GBP, CHF and the scandis broadly matching EUR gains. 

Asia Summary and Highlights 3 July
Freemium Article

July 3, 2024 5:14 AM UTC

Australia May Retail Sales +0.6% m/m, exp +0.2%

Asia Open - Overnight Highlights
Paying Article

July 3, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly weaker against the USD as the greenback was steady before the New York session. IDR saw the largest losses of 0.45%, followed by THB 0.39%, PHP 0.26%, TWD 0.25%, KRW 0.22%, MYR 0.16%, INR 0.07%, CNY 0.04%, CNH and HKD 0.02%.
USD/CNH is trading higher at 7.307

July 02, 2024

North American Summary and Highlights 2 July
Freemium Article

July 2, 2024 7:49 PM UTC

Overview - The USD was weaker after Fed’s Powell expressed optimism that disinflation had resumed.  

European Summary and Highlights 02July
Paying Article

July 2, 2024 10:12 AM UTC

The EUR fell back through the European morning, reversing all the gains seen after the French election on Monday.

Asia Summary and Highlights 2 July
Freemium Article

July 2, 2024 4:36 AM UTC

Japan finance minister Suzuki and his usual jawboning
Australia ANZ Inflation expectations rose to 5.2%

July 01, 2024

North American Summary and Highlights 1 July
Freemium Article

July 1, 2024 7:57 PM UTC

Overview - A subdued session saw the USD slightly higher as UST yields increased despite soft US data.  

European Summary and Highlights 01July
Paying Article

July 1, 2024 10:09 AM UTC

There was little change in any of the major currencies in a quit European morning session. 

Asia Summary and Highlights 1 July
Freemium Article

July 1, 2024 4:46 AM UTC

France right party made gains in election
Japan Q1 GDP revised to -2.9% from -1.8%

Clone - Asia Open - Overnight Highlights
Paying Article

July 1, 2024 12:08 AM UTC

EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback continues to tread lower throughout sessions. KRW saw the largest gains of 0.68%, followed by THB 0.46%, TWD 0.31%, PHP 0.24%, SGD 0.18%, IDR 0.14%, INR 0.08%, CNH 0.06%, CNY 0.02% and HKD 0.01%.
USD/CNH is trading lo

June 28, 2024

North American Summary and Highlights 28 June
Freemium Article

June 28, 2024 7:24 PM UTC

Overview - A rise in EUR/JPY was the main move of the day. The USD was little changed overall despite weak core PCE price data.  

Europe Summary and Highlights 28 June
Paying Article

June 28, 2024 1:38 PM UTC

Subdued summer trading in Europe. 

This week's five highlights
Paying Article

June 28, 2024 10:00 AM UTC

Sweden Riksbank Slightly Less Gradual
U.S. Initial Claims and GDP improve, Durables and Trade deteriorate
U.S. Consumer Confidence and New Home Sales 
Canada May CPI strong after five straight subdued ones
USD/JPY Reaches New High

Asia Summary and Highlights 28 June
Freemium Article

June 28, 2024 5:05 AM UTC

Asia Session
Despite the emptiness from presidential debate, USD has been gaining since Hong Kong market opens and brought USD/JPY past the 161 figure. We heard another escalation in rhetoric from Suzuki as he said he is deeply concerned about excessive, one-sided moves on forex, there is little sign

Asia Open - Overnight Highlights
Paying Article

June 28, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform individually against the USD as the greenback reversed earlier losses led by USD/JPY. THB saw the largest losses of 0.14%, followed by SGD and CNH 0.04%, CNY and MYR 0.03%; the biggest winner is KRW by 0.21%, PHP 0.2%, INR 0.14%, TWD 0.06%, IDR 0.04%.
USD/CNH is tra

June 27, 2024

North American Summary and Highlights 27 June
Freemium Article

June 27, 2024 7:24 PM UTC

Overview - JPY and CHF were weak, despite the USD being restrained by data that was on balance softer than expected.  

Asia Summary and Highlights 27 June
Freemium Article

June 27, 2024 5:07 AM UTC

Japan's Suzuki saying watching FX moves with a high sense of urgency
Japan Chief Cabinet Secretary Hayashi says won't comment on FX levels

June 26, 2024

North American Summary and Highlights 26 June
Freemium Article

June 26, 2024 7:49 PM UTC

Overview - The USD was stronger led by USD/JPY with GBP/USD also weaker.  

European Summary and Highlights 26 June
Paying Article

June 26, 2024 10:33 AM UTC

The USD traded generally firmer through the European morning, rising around 0.15% across the board. 

Asia Summary and Highlights 26 June
Freemium Article

June 26, 2024 4:44 AM UTC

Australia May Monthly CPI 4% y/y 

Asia Open - Overnight Highlights
Paying Article

June 26, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform individually against the USD as the greenback lost partial early gains in the U.S. session. TWD saw the largest losses of 0.15%, followed by SGD 0.13%, CNH 0.08%, CNY 0.05% and HKD 0.02%; the biggest winner is MYR by 0.17%, KRW and IDR 0.12%, THB 0.1%, PHP 0.06% an

June 25, 2024

North American Summary and Highlights 25 June
Freemium Article

June 25, 2024 7:32 PM UTC

Overview - USD/JPY made modest gains in a generally quiet session but elsewhere there was little net change. USD/CAD slipped on a stronger Canadian CPI report but ended the session little changed.