North American Summary and Highlights 5 Jan

January 5, 2026 8:47 PM UTC

Overview - The USD was generally softer particularly after weaker than expected ISM manufacturing data. GBP and AUD were particularly firm. 

Europe Summary and Highlights 5 Jan

January 5, 2026 11:21 AM UTC

The USD was slightly weaker through the European morning.

Asia Summary and Highlights 5 Jan

January 5, 2026 4:13 AM UTC

Trump Captured Venezuela's Maduro 

Asia Open - Overnight Highlights

January 5, 2026 12:00 AM UTC

EMERGING ASIA
EM currencies are trading individually against the greenback to kick start the new year of 2026. The biggest winners are MYR 0.16%, CNH 0.08% and TWD by 0.02%; while the biggest losers are KRW 0.34%, INR 0.25%, IDR 0.21%, HKD 0.09%, SGD 0.08% and PHP by 0.07%.
USD/CNH is trading lower at

North American Summary and Highlights 2 Jan

January 2, 2026 8:01 PM UTC

Overview - In a day with limited news, PMI data put some weight on the EUR. 

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.

Asia Summary and Highlights 2 Jan

January 2, 2026 5:31 AM UTC

USD/JPY points north
TACO on Italian Pasta from Trump

Asia Open - Overnight Highlights

January 2, 2026 12:00 AM UTC

EMERGING ASIA
EM currencies are mostly closed for trading on the New Year day against the greenback. The biggest winners are SGD 0.03%; while the biggest losers are INR 0.1% and HKD 0.02%.
USD/CNH is trading lower at 6.9756 from 6.9757 previously closed. Onshore spot market is closed. 12 month NDF div

N America Summary and Highlights 31 Dec

December 31, 2025 5:05 PM UTC

The USD edged up in NY on Dec 31, except against the EUR that gained across the board.   

Europe Summary and Highlights 31 Dec

December 31, 2025 11:00 AM UTC

The USD moved sideways in Europe.  

Asia Summary and Highlights 31 Dec

December 31, 2025 6:19 AM UTC

The USD is broadly higher 

Asia Open - Overnight Highlights

December 31, 2025 12:42 AM UTC

EMERGING ASIA
EM currencies are trading individually against the greenback as market participants prepare for the new year. The biggest winners are MYR 0.29%, followed by INR 0.21%, CNY 0.15%, TWD & IDR 0.11%, SGD 0.09% and CNH 0.07%; while the biggest losers are KRW 0.40%, THB 0.22%, THB 0.18% and P

N America Summary and Highlights 30 Dec

December 30, 2025 8:00 PM UTC

USD edged higher in NY in thin trading.  

Europe Summary and Highlights 30 Dec

December 30, 2025 11:00 AM UTC

Sideways trading in Europe on Dec 30 so far.

Asia Summary and Highlights 29 Dec

December 29, 2025 6:04 AM UTC

Silver Wild Swing
Geopolitical Negotiation Persists

Asia Open - Overnight Highlights

December 29, 2025 12:00 AM UTC

EMERGING ASIA
EM currencies are trading individually against the greenback as market participants haven't waken up from the Christmas hangover. The biggest winners are KRW 0.32%, followed by PHP 0.14%, THB 0.08%, TWD 0.07%, HKD 0.05%; while the biggest losers are INR 0.08%, MYR 0.05%, CNH & SGD 0.04%

Asia Summary and Highlights 24 Dec

December 24, 2025 5:59 AM UTC

Washington delays semiconductor tariffs as it seeks China trade truce

Asia Open - Overnight Highlights

December 24, 2025 12:00 AM UTC

EMERGING ASIA
EM currencies are trading mostly stronger against the greenback as the USD seem no rebound until the U.S. session, triggered by strong GDP figure. The biggest winners are MYR 0.34%, followed by SGD 0.27%, THB 0.19%, CNH 0.17%, CNY 0.11%, HKD 0.04% and TWD 0.03%; while the biggest losers

North American Summary and Highlights 23 Dec

December 23, 2025 5:55 PM UTC

Overview - USD rallied in NY on better than expected U.S. GDP data for Q3.

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.

North American Summary and Highlights 22 Dec

December 22, 2025 4:30 PM UTC

Overview - USD weakness was the story of the day in North America, after USD consolidation in Europe.  Year end flows were the driver, rather than any news.   

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. 

Asia Summary and Highlights 22 Dec

December 22, 2025 5:40 AM UTC

Risk on a high note to start the Christmas week

Asia Open - Overnight Highlights

December 22, 2025 12:37 AM UTC

EMERGING ASIA
EM currencies are trading individually against the greenback as market participants entering the holiday mood. The biggest winners are INR 0.67%, followed by MYR 0.25%, THB and HKD 0.01%; while the biggest losers are PHP 0.30%, SGD & KRW 0.25%, IDR 0.17%, TWD 0.04% and CNH 0.02%.
USD/CNH

North American Summary and Highlights 19 Dec

December 19, 2025 8:34 PM UTC

Overview - JPY weakness was the story of the day, USD/JPY and EUR/JPY both moving sharply higher in Europe, and marginally extending the move in North America. 

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.

This week's five highlights

December 19, 2025 10:00 AM UTC

BoJ Hike by 25bps As Expected
BoE Splits More Entrenched
Is the tariff impact fading Shown in U.S. November CPI 
Sweden Riksbank On Hold and For Some Time Ahead
Norges Bank Still Far Too Cautious Despite Clear Output Gap

Asia Summary and Highlights 19 Dec

December 19, 2025 5:51 AM UTC

BoJ Hike by 25bps As Expected

North American Summary and Highlights 18 Dec

December 18, 2025 8:53 PM UTC

Overview - Softer than expected US CPI data saw the USD slip but it ended well off its lows. GBP saw some support from a BoE vote showing four dissents from a decision to ease. 

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.

North American Summary and Highlights 17 Dec

December 17, 2025 8:19 PM UTC

Overview - GBP slipped on a softer than expected UK CPI. GBP/USD later reversed its losses but EUR/GBP remained firmer. 

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. 

Asia Summary and Highlights 17 Dec

December 17, 2025 5:35 AM UTC

Trump orders total blockade of sanctioned oil tankers entering or leaving Venezuela

Asia Open - Overnight Highlights

December 17, 2025 12:17 AM UTC

EMERGING ASIA
EM currencies are trading individually against the greenback as risk asset recovered partially. The biggest winners are PHP 0.56%, followed by MYR 0.16%, CNH 0.10%, CNY 0.08%, HKD 0.03% and SGD 0.02%; while the biggest losers are KRW 0.35%, INR 0.33%, THB 0.29%, TWD 0.28% and IDR 0.14%.

North American Summary and Highlights 16 Dec

December 16, 2025 8:52 PM UTC

Overview - The USD was marginally weaker on the day but the slippage came mostly ahead of the US employment data, which generated little sustained response. 

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.

North American Summary and Highlights 15 Dec

December 15, 2025 8:44 PM UTC

Overview - The USD was under some pressure early but ended little changed in subdued trade. 

Asia Summary and Highlights 15 Dec

December 15, 2025 5:25 AM UTC

China Vanke fails to secure delay on $284m bond payment, gets just 5 days breathing space
BOJ official says Tankan shows easing trade fears but rising cost pressures

North American Summary and Highlights 12 Dec

December 12, 2025 8:41 PM UTC

Overview - The USD was firmer in Europe, but corrected in North America as the EUR advanced and equities slipped.  

This week's five highlights

December 12, 2025 1:00 PM UTC

FOMC eases by 25bps, dots unchanged from September
Powell's Remark Post FOMC
Swiss SNB Preserving Ammunition
Bank of Canada Rate Level Still Appropriate Despite Stronger Data
UK GDP  Shows Underlying and Headline Economy Negative, Fragile and Listless

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.

Asia Summary and Highlights 12 Dec

December 12, 2025 4:48 AM UTC

Trump on Venezuela: It's going to be starting on land pretty soon