European Summary and Highlights 10 May

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.

European Summary and Highlights 09 May

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. 

European Summary and Highlights 08 May

May 8, 2024 11:01 AM UTC

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

European Summary and Highlights 07 May

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.

European Summary and Highlights 06 May

May 6, 2024 10:05 AM UTC

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

European Summary and Highlights 03 May

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.

European Summary and Highlights 02 May

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. 

European Summary and Highlights 01 May

May 1, 2024 10:26 AM UTC

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

European Summary and Highlights 30 Apr

April 30, 2024 10:31 AM UTC

USD/JPY remains in focus. 

European Summary and Highlights 29 Apr

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.  

European Summary and Highlights 26 Apr

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. 

European Summary and Highlights 25 Apr

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.

Europe Summary and Highlights 24 Apr

April 24, 2024 5:04 AM UTC

USD edges higher in Europe. 

Europe Summary and Highlights 23 Apr

April 23, 2024 10:33 AM UTC

European PMI prompt a EUR and GBP bounce.
BoJ's Ueda has a barrage of comments on policy stating the obvious

Europe Summary and Highlights 22 Apr

April 22, 2024 10:29 AM UTC

Risk sentiment broadly positive on lack of geopolitical escalation
USD/JPY testing recent high again

European Summary and Highlights 19 Apr

April 19, 2024 11:45 AM UTC

A quiet European morning session saw a modest risk recovery, with the riskier currencies all edging higher against the USD, JPY and CHF. EUR/JPY gained around half a figure to 164.70, based on EUR/USD and USD/JPY both rising around 20 pips to 1.0660 and 154.50 respectively. 

European Summary and Highlights 18 Apr

April 18, 2024 10:18 AM UTC

The USD was slightly firmer through the European morning, gaining around 0.1% against the EUR and JPY but seeing little change against GBP and the commodity currencies. 

European Summary and Highlights 17 Apr

April 17, 2024 10:23 AM UTC

The USD was slightly softer through the European morning. EUR/USD gained around 20 pips to 1.0640, and GBP/USD was a little stronger, rising around 40 pips to 1.2470. 

European Summary and Highlights 16 Apr

April 16, 2024 10:46 AM UTC

EUR/USD and USD/JPY were both firmer through the European morning, both gaining around 20 pips.

European Summary and Highlights 15 Apr

April 15, 2024 10:20 AM UTC

A quiet European morning session saw both EURUSD and USD/JPY move marginally higher, so that EUR/JPY rose around 20 pips to 164.

European Summary and Highlights 12 Apr

April 12, 2024 10:35 AM UTC

The EUR fell back across the board through the European morning, with EUR/USD losing half a figure to trade at new lows for the year below 1.0660.

European Summary and Highlights 11 Apr

April 11, 2024 11:20 AM UTC

The USD stayed strong through the European morning session, gaining modestly against the EUR and JPY, while being little changed against the AUD, CAD and GBP. 

European Summary and Highlights 10 Apr

April 10, 2024 10:21 AM UTC

European currencies gained a little ground through the European morning session, with GBP and SEK marginally the best performers.

European Summary and Highlights 9 Apr

April 9, 2024 10:18 AM UTC

A quiet European morning saw the USD edge a little lower across the board, but the riskier currencies outperformed, with AUD and GBP the best performers. AUD/USD gained around 15 pips to 0.6625.

European Summary and Highlights 8 Apr

April 8, 2024 10:34 AM UTC

Labor cash earning for Japan in February arrived at 1.8% y/y, slightly lower than 2% in January but it is well before the strong negotiation results in March and closer to the 2% target.

European Summary and Highlights 5 Apr

April 5, 2024 10:38 AM UTC

A quiet pre-employment report European morning saw a minor risk recovery after the losses seen for the riskier currencies overnight. 

European Summary and Highlights 4 Apr

April 4, 2024 11:07 AM UTC

Riskier currencies continued to make gains against the USD, JPY and CHF through the European morning session.

European Summary and Highlights 3 Apr

April 3, 2024 10:35 AM UTC

A very quiet session for FX saw the USD make some modest gains.

European Summary and Highlights 2 Apr

April 2, 2024 10:44 AM UTC

A mixed session for the USD, with the riskier currencies gaining some ground while the CHF fell back.

Europe Summary and Highlights 26 Mar

March 26, 2024 11:17 AM UTC

Europe continued to see subdued trading, as markets continue to digest recent central bank meetings and data. 

European Midday Summary and Highlights 25 Mar

March 25, 2024 11:51 AM UTC

Japan Kanda says closely watching FX moves with high sense of urgency

European Summary and Highlights 22 Mar

March 22, 2024 11:53 AM UTC

The USD was generally firmer through the European morning, with GBP suffering the most. GBP/USD fell 55 pips to 1.2585 from an open at 1.2640, with EUR/USD slipping 20 pips to 1.0820. 

European Summary and Highlights 21 Mar

March 21, 2024 11:41 AM UTC

The CHF was then big mover through the European morning, with EUR/CHF rising a big figure when the SNB decided to cut their policy rate to 1.5% from 1.75%. 

European Summary and Highlights 20 Mar

March 20, 2024 12:15 PM UTC

The USD made gains across the board through the European morning, with EUR/USD dropping around 30 pips to 1.0840.

European Summary and Highlights 19 Mar

March 19, 2024 11:37 AM UTC

The JPY continued to weaken through the European morning, following the decline seen overnight after the BoJ decision. 

European Summary and Highlights 18 Mar

March 18, 2024 11:31 AM UTC

The EUR made small gains against most currencies in a quiet European morning session.

European Summary and Highlights 15 Mar

March 15, 2024 11:36 AM UTC

JPY weakness on the crosses was the main feature of the European morning, with USD/JPY gaining 40 pips to 148.80 while EUR/USD gained 15 pips to 1.0890, briefly testing 1.09. 

European Summary and Highlights 14 Mar

March 14, 2024 11:52 AM UTC

The USD was slightly softer through the European morning session, losing ground to most currencies except the EUR, CHF and SEK, which were all essentially steady against the USD. 

European Summary and Highlights 13 Mar

March 13, 2024 11:49 AM UTC

The USD was generally fairly steady through the European morning, but gained around 30 pips against the JPY as equities edged slightly higher.

European Summary and Highlights 12 Mar

March 12, 2024 11:05 AM UTC

GBP fell back in the European morning, undermined by weaker than expected UK labour market data.

European Summary and Highlights 11 Mar

March 11, 2024 11:55 AM UTC

The USD drifted slightly lower in European trading, with the main focus remaining the JPY. 

European Summary and Highlights 08 Mar

March 8, 2024 11:22 AM UTC

The EUR and USD both fell back while the JPY, AUD, CHF and GBP all gained ground through the European morning. 

European Summary and Highlights 07 Mar

March 7, 2024 11:24 AM UTC

The AUD and JPY gained ground through the European morning, both gaining around 0.4% against the USD, while EUR/USD was fairly steady, edging slightly lower below 1.09.

European Summary and Highlights 06 Mar

March 6, 2024 11:16 AM UTC

The USD was generally weaker through the European morning, with the JPY and the European currencies generally gaining ground.

European Summary and Highlights 05 Mar

March 5, 2024 11:39 AM UTC

A very quiet European morning session saw EUR/USD oscillate around 1.0850 and USD/JPY hold close to 150.40.

European Summary and Highlights 04 Mar

March 4, 2024 12:00 PM UTC

USD/JPY gained a little ground through the European morning, and EUR/USD was also a touch firmer, both rising around 10 pips from opening levels.

European Summary and Highlights 01 Mar

March 1, 2024 11:48 AM UTC

The USD showed some early gains in the European morning, but finished the session little changed.