FX Highlights

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May 10, 2024

North American Summary and Highlights 10 May
Freemium Article

May 10, 2024 6:42 PM UTC

Overview - UK and Canadian data lifted the GBP and CAD but the USD was little changed overall.  

European Summary and Highlights 10 May
Paying Article

May 10, 2024 10:12 AM UTC

GBP was slightly firmer in the European morning, following the stronger than expected Q1 UK GDP data which showed a rise of 0.6% against market expectations of a 0.4% increase.

This week's five highlights
Paying Article

May 10, 2024 10:00 AM UTC

Ukraine War Update
This Week's Fed Speakers
U.S. Initial Claims rise but signs of labor market slowing still tentative
RBA Change wordings of guidance but no change in heart
UK GDP Shows Clearer Growth Momentum But Mainly Import Led

Asia Summary and Highlights 10 May
Freemium Article

May 10, 2024 5:03 AM UTC

The US planning to impose tariffs on EVs from China after review

Asia Open - Overnight Highlights
Paying Article

May 10, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform individually against the USD as the greenback reversed its earlier gains on higher initial claim figure. KRW saw the largest losses of 0.52%, followed by TWD 0.14%; the biggest winners are SGD 0.22% CNH 0.1%, CNY 0.07%, THB 0.06%, HKD 0.04%, INR and MYR 0.01%.
USD/C

May 09, 2024

North American Summary and Highlights 9 May
Freemium Article

May 9, 2024 7:23 PM UTC

Overview - The GBP slipped on the BoE decision but the USD ended softer across the board after a rise in initial jobless claims.  

European Summary and Highlights 09 May
Paying Article

May 9, 2024 11:12 AM UTC

The USD edged higher through the European morning, gaining a little ground against everything but GBP, with GBP/USD little changed. 

Asia Summary and Highlights 9 May
Freemium Article

May 9, 2024 5:59 AM UTC

BoJ summary of opinion shows more hawkish members but March wage data disappoints

May 08, 2024

North American Summary and Highlights 8 May
Freemium Article

May 8, 2024 7:29 PM UTC

Overview - The highlight of a quiet session was modest SEK losses after a 25bps Riksbank easing.  

European Summary and Highlights 08 May
Paying Article

May 8, 2024 11:01 AM UTC

EUR/USD and USD/JPY both gained around 10 pips through the European morning.

Asia Summary and Highlights 8 May
Freemium Article

May 8, 2024 5:23 AM UTC

USD/JPY up three days in a row and drew verbal intervention from Japanese finance minister

Asia Open - Overnight Highlights
Paying Article

May 8, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly weaker against the USD as the greenback stays solid after some modest volatility. THB saw the largest losses of 0.30%, followed by SGD 0.24%, CNH and IDR 0.15%, CNY 0.14%, TWD 0.06%, HKD 0.04%, INR and PHP 0.02%; the only winners are KRW 0.22% and MYR 0.01%.

May 07, 2024

North American Summary and Highlights 7 May
Freemium Article

May 7, 2024 7:57 PM UTC

Overview - In a day of limited news the USD advanced as equity gains faded.  

European Summary and Highlights 07 May
Paying Article

May 7, 2024 10:27 AM UTC

A fairly quiet European morning saw a modest dip in EUR/USD early on as German factory orders data showed a weaker than expected 0.4% decline in March.

Asia Summary and Highlights 7 May
Freemium Article

May 7, 2024 6:09 AM UTC

RBA leaves cash rate unchanged at 4.35%

May 06, 2024

North American Summary and Highlights 6 May
Freemium Article

May 6, 2024 7:36 PM UTC

Overview - In a generally quiet session the USD held firm versus the JPY while modest slippage elsewhere faded.  

European Summary and Highlights 06 May
Paying Article

May 6, 2024 10:05 AM UTC

USD/JPY remains in focus in holiday thinned European trade.  

Asia Summary and Highlights 6 May
Freemium Article

May 6, 2024 4:24 AM UTC

USD/JPY up a figure 

Asia Open - Overnight Highlights
Paying Article

May 6, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback slipped on weaker than expected payroll data. KRW saw the largest gains of 0.94%, followed by IDR 0.63%, THB 0.43%, SGD 0.39%, TWD 0.36%, MYR 0.34%, PHP 0.31%, CNH 0.19%, INR 0.04% and HKD 0.02%.
USD/CNH is trading lo

May 03, 2024

North American Summary and Highlights 3 May
Freemium Article

May 3, 2024 7:31 PM UTC

Overview - The USD slipped on weaker than expected US employment data but subsequently reversed most of its losses.  

European Summary and Highlights 03 May
Paying Article

May 3, 2024 11:02 AM UTC

EUR/USD gained around 10 pips through the European morning, with similar gains for most of the other European currencies.

This week's five highlights
Paying Article

May 3, 2024 10:29 AM UTC

BoJ Intervened Twice
And see sentiment turned lower in USD/JPY
FOMC Notes Lack of Further Inflation Progress
U.S. Non-Farm Payrolls Still strong if a little less so
Canada Q1 GDP looking less positive than previously projected

Asia Summary and Highlights 3 May
Freemium Article

May 3, 2024 6:06 AM UTC

USD/JPY rotates lower

Asia Open - Overnight Highlights
Paying Article

May 3, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly stronger against the USD as the greenback continue to drift lower after the less hawkish than expected FOMC. IDR saw the largest gains of 0.46%, followed by KRW 0.45%, SGD 0.44%, PHP 0.4%, CNH 0.39%, MYR 0.38%, THB 0.29%, TWD 0.18% and HKD 0.13%.
USD/CNH is t

May 02, 2024

North American Summary and Highlights 2 May
Freemium Article

May 2, 2024 7:32 PM UTC

Overview - With UST yields falling despite strong US data, the USD ended Thursday weaker, led by USD/JPY. 

European Summary and Highlights 02 May
Paying Article

May 2, 2024 10:11 AM UTC

The USD moved slightly higher against the EUR, GBP and scandis, but fell back against the JPY and CHF and was little changed against the CAD and AUD in the European morning. 

Asia Summary and Highlights 2 May
Freemium Article

May 2, 2024 6:01 AM UTC

Another potential BoJ intervention in Asia time when only New Zealand market is opened

May 01, 2024

North American Summary and Highlights 1 May
Freemium Article

May 1, 2024 8:24 PM UTC

Overview - The USD fell sharply on a less hawkish than feared FOMC statement and comments from Fed’s Powell, but by the end of the session most of the losses had been erased. After the close, JPY saw a fresh surge.  

European Summary and Highlights 01 May
Paying Article

May 1, 2024 10:26 AM UTC

The USD edged slightly lower in a quiet holiday-thinned European morning. 

Asia Summary and Highlights 1 May
Freemium Article

May 1, 2024 6:01 AM UTC

USD/JPY quiet but upwards

Asia Open - Overnight Highlights
Paying Article

May 1, 2024 12:34 AM UTC

EMERGING ASIA
EM currencies perform mostly weaker against the USD as the greenback strengthens on fear of Fed tilting hawkish after strong than expected U.S. wage data and haven bids from falling equity. SGD saw the largest losses of 0.42%, followed by KRW 0.35%, CNY 0.17%, PHP and CNH 0.15%, MYR 0.1

April 30, 2024

North American Summary and Highlights 30 Apr
Freemium Article

April 30, 2024 7:52 PM UTC

Overview - While the EUR got support from Q1 GDP data the USD ended stronger across the board on a stronger than expected Q1 Employment Cost Index. 

European Summary and Highlights 30 Apr
Paying Article

April 30, 2024 10:31 AM UTC

USD/JPY remains in focus. 

Asia Summary and Highlights 30 Apr
Freemium Article

April 30, 2024 5:16 AM UTC

USD/JPY relatively quiet  on Tuesday after Monday's intervention

April 29, 2024

North American Summary and Highlights 29 Apr
Freemium Article

April 29, 2024 8:01 PM UTC

Overview - USD/JPY continued to see volatility but with little net change in Europe or North America. 

European Summary and Highlights 29 Apr
Paying Article

April 29, 2024 10:38 AM UTC

USD/JPY rose and then fell on a 2nd suspected bout of BOJ Intervention in early Europe and remained volatile through the session.  

Asia Summary and Highlights 29 Apr
Freemium Article

April 29, 2024 4:56 AM UTC

USD/JPY jumped two big figures after opening lower
Buyers taking advantage of Japanese holiday and lack of signal for intervention
And faced the intervention train immediately

Asia Open - Overnight Highlights
Paying Article

April 29, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly individually against the USD as the greenback volatility revolves mostly around the JPY. SGD saw the largest losses of 0.28%, followed by CNH 0.18%, IDR 0.14%, CNY 0.09%, KRW 0.04%, INR 0.03% and HKD 0.01%; while the biggest winner is PHP by 0.19%, MYR 0.17%

April 26, 2024

North American Summary and Highlights 26 Apr
Freemium Article

April 26, 2024 6:42 PM UTC

Overview - The USD was stronger, though USD/JPY led the way, with the USD moving off its highs elsewhere to see only modest gains.  

European Summary and Highlights 26 Apr
Paying Article

April 26, 2024 10:56 AM UTC

USD/JPY initially edged higher in the European morning, following the trend seen in Asia after the BoJ meeting. 

This week's five highlights
Paying Article

April 26, 2024 10:00 AM UTC

BoJ Keep Rates on hold with upward revision in CPI
USD/JPY Rally Continues on Shaky Ground
U.S. GDP Slows on Imports and Inventories
Bank of Canada Minutes Look to Gradual Easing
UK Services Inflation Resilient

Asia Summary and Highlights 26 Apr
Freemium Article

April 26, 2024 4:16 AM UTC

Overview - The USD ended slightly weaker, as gains on stronger than expected Q1 core PCE price data were erased. 

Asia Open - Overnight Highlights
Paying Article

April 26, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly individually against the USD as the greenback fell in the New York session on weaker than expected GDP data and further rebound as session progress. PHP saw the largest losses of 0.42%, followed by KRW 0.39%, IDR 0.21%, TWD 0.16% and INR 0.01%; while the big

April 25, 2024

North American Summary and Highlights 25 Apr
Freemium Article

April 25, 2024 7:48 PM UTC

Overview - The USD ended slightly weaker, as gains on stronger than expected Q1 core PCE price data were erased. 

European Summary and Highlights 25 Apr
Paying Article

April 25, 2024 10:10 AM UTC

The European morning saw general gains for the riskier currencies, with GBP and the AUD the best performers.

Asia Summary and Highlights 25 Apr
Freemium Article

April 25, 2024 5:24 AM UTC

Japan chief cabinet secretary Hayashi said rapid FX moves undesirable, ready for full response

April 24, 2024

North American Summary and Highlights 24 Apr
Freemium Article

April 24, 2024 7:59 PM UTC

Overview - USD/JPY broke above 155 though the USD was mixed with little clear direction elsewhere. 

Europe Summary and Highlights 24 Apr
Paying Article

April 24, 2024 5:04 AM UTC

USD edges higher in Europe. 

Asia Open - Overnight Highlights
Paying Article

April 24, 2024 12:00 AM UTC

EMERGING ASIA
EM currencies perform mostly individually against the USD as the greenback fell in the New York session with improving sentiment. THB saw the largest losses of 0.18%, followed by CNH 0.13%, MYR 0.07% and CNY 0.02%; while the biggest winner is TWD by 0.17%, IDR 0.09%, KRW 0.08%, PHP 0.06

April 23, 2024

North American Summary and Highlights 23 Apr
Freemium Article

April 23, 2024 7:40 PM UTC

Overview - The USD slipped on weaker S and P PMI data, and only USD/JPY recovered from the post-data move.