Europe Summary and Highlights 13 May

May 13, 2026 10:12 AM UTC

GBP and gilts steady as immediacy of PM challenge seen abating, even as long-term prospects remain doubtful
Dollar still nudging firmer, DXY and EUR/USD testing next levels
US-China talks kick off and key focus for rest of week

FX Daily Strategy: N America, May 13th

May 13, 2026 9:16 AM UTC

Australia Wage Growth Unlikely Trigger another RBA Hike
Aussie Still Supported above 0.7200
U.S. April PPI Core rates to pick up

Chart USD/CHF Update: Edging higher

May 13, 2026 8:27 AM UTC

The anticipated break above 0.7800 has reached 0.7830

Chart EUR/GBP Update: Higher levels sharply rejected

May 13, 2026 8:19 AM UTC

The anticipated break above strong resistance at 0.8695, (GBP/EUR 1.1500), and congestion around 0.8700, has not been seen

Chart USD Index DXY Update: Pushing higher

May 13, 2026 7:59 AM UTC

Cautious trade is giving way to the anticipated test of congestion resistance at 98.50

Chart EUR/USD Update: Under pressure

May 13, 2026 7:42 AM UTC

Consolidation following the anticipated break below 1.1750 is giving way to renewed selling interest

Chart GBP/USD Update: Room for lower

May 13, 2026 7:31 AM UTC

The anticipated test of congestion support at 1.3500 is giving way to consolidation

Psychology for major markets May 13

May 13, 2026 7:20 AM UTC

No update from the geopolitical front

Chart AUD/JPY Update: Scope to retest 114.70 high

May 13, 2026 7:13 AM UTC

Bounce from the 111.30 swing low of 30 April has seen gains to retest the 114.00 congestion

EUR/USD, EUR/GBP, GBP/USD flows: event risk focus as odds of UK PM departure lengthen; US-China meetings kick off

May 13, 2026 7:04 AM UTC

Iran rhetoric and lack of progress, US-China meeting kick off
UK PM exit tone less febrile, chances of departure drop off

Chart EUR/AUD Update: Still heavy

May 13, 2026 6:47 AM UTC

Consolidating test of the 1.6200 level but pressure remains on the downside and see risk for break to expose the 1.6130 March current year low to retest

Chart NOK/SEK Update: Extending gains

May 13, 2026 6:33 AM UTC

Break of the parity level has seen extension to retest the the May 2024 high at 1.0135

Chart USD/INR Update: Consolidating gains to fresh historic high

May 13, 2026 5:41 AM UTC

Settled back from the 95.7375 historic high as prices unwind overbought intraday studies

Asia Summary and Highlights 13 May

May 13, 2026 4:52 AM UTC

Australian Q1 wage price index bangs in estimate

USD/JPY flows: Challenging May High

May 13, 2026 4:49 AM UTC

U.S. assessments shows Iran rebuilds access to 30 of 33 Hormuz missile sites

FX Daily Strategy: Europe, May 13th

May 13, 2026 4:29 AM UTC

Australia Wage Growth Unlikely Trigger another RBA Hike
Aussie Still Supported above 0.7200
U.S. April PPI Core rates to pick up

AUD/USD flows: Q1 Wage Steady

May 13, 2026 4:15 AM UTC

Australian Q1 wage price index bangs in estimate

Chart USD/CNH Update: Extending to fresh year low

May 13, 2026 4:15 AM UTC

Pressure remains on the downside but bearish momentum slows as prices extend to fresh year low

Chart USD/THB Update: Consolidating with 32.50/32.20 area

May 13, 2026 2:57 AM UTC

Little change, as prices extend consolidation within the 32.50/32.20 area

Chart USD/KRW Update: Extending bounce

May 13, 2026 2:44 AM UTC

Extending sharp bounce from the 1440.00 low to reach the 1500.00 level

Chart USD/SGD Update: Extend bounce 1.2667/50 support

May 13, 2026 2:13 AM UTC

Extend bounce from support at the 1.2667/50 April low and congestion area

Chart GBP/USD Update: Leaning lower from the 1.3650 resistance

May 13, 2026 1:42 AM UTC

Leaning lower in choppy trade following rejection from strong resistance at the 1.3650 congestion

Chart EUR/USD Update: Leaning lower in consolidation

May 13, 2026 1:30 AM UTC

Leaning lower in range as prices extend consolidation below resistance at the 1.1800 congestion

Chart EUR/JPY Update: Consolidating, room for higher

May 13, 2026 1:10 AM UTC

Consolidating at the 185.00 level following pullback from the 185.45 high