FX Highlights

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May 13, 2026

Europe Summary and Highlights 13 May
Paying Article

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

Asia Summary and Highlights 13 May
Paying Article

May 13, 2026 4:52 AM UTC

Australian Q1 wage price index bangs in estimate

Asia Open
Paying Article

May 13, 2026 12:14 AM UTC

Slow Start

May 12, 2026

North American Summary and Highlights 12 May
Freemium Article

May 12, 2026 7:46 PM UTC

Overview - The USD made modest gains on Middle East risks but came off its highs in late trade. 

Europe Summary and Highlights 12 May
Paying Article

May 12, 2026 10:04 AM UTC

GBP sold as pressure on Starmer ramps up, and gilts spike at open, though trim off support/resistance tests
Oil creeps higher as standoff rolls on, keeping dollar supported

Asia Summary and Highlights 12 May
Paying Article

May 12, 2026 5:29 AM UTC

Japan and U.S. reaffirm currency cooperation after Bessent's Tokyo talks
Iran is ready to dilute highly enriched uranium to levels of 3.7% and 20%
Trump said the ceasefire is "on life support"

May 11, 2026

North American Summary and Highlights 11 May
Freemium Article

May 11, 2026 7:48 PM UTC

Overview - In a quiet session the USD was little changed overall. 

Europe Summary and Highlights 11 May
Paying Article

May 11, 2026 10:29 AM UTC

Overnight moves faded as oil bounce trims, dollar back to pretty flat

Asia Summary and Highlights 11 May
Paying Article

May 11, 2026 5:21 AM UTC

Weekend headlines pessimistic

May 10, 2026

Asia Open
Paying Article

May 10, 2026 10:28 PM UTC

Iran dismisses Trump's nuclear talks

May 08, 2026

North American Summary and Highlights 8 May
Freemium Article

May 8, 2026 7:13 PM UTC

Overview - The USD was weaker in Europe and did not pick up after a stronger than expected US non-farm payroll. 

This week's five highlights
Freemium Article

May 8, 2026 11:00 AM UTC

Straits of Hormuz Scenarios
U.S. April Non-Farm Payrolls Not as strong as March
This Week's Fed Speakers
RBA's Last Hike for Now
Fresh Tightening Bias for Sweden Riksbank 

Europe Summary and Highlights 8 May
Paying Article

May 8, 2026 10:18 AM UTC

USD modestly weaker through European morning, NOK strong 

Asia Summary and Highlights 8 May
Paying Article

May 8, 2026 4:17 AM UTC

UAE says it is responding again to a missile threat
Japan Labor cash earnings rose 2.7% y/y

Asia Open
Paying Article

May 8, 2026 12:34 AM UTC

US trade court strikes down Trump's 10% global tariffs in 2-1 ruling
Iran and Israel report separately that hostility flare up has ended at present

May 07, 2026

North American Summary and Highlights 7 May
Freemium Article

May 7, 2026 7:44 PM UTC

Overview - The USD erased European losses and more in North America as Middle Eastern risk picked up again. 

Europe Summary and Highlights 7 May
Paying Article

May 7, 2026 10:09 AM UTC

USD modestly weaker through European morning, NOK strong on Norges Bank rate hike

Asia Summary and Highlights 7 May
Paying Article

May 7, 2026 5:44 AM UTC

Iran to deliver response to U.S. war-ending proposal via Pakistan mediators on Thursday 
Saudi base ban forced Trump to pause Strait of Hormuz shipping operation

May 06, 2026

North American Summary and Highlights 6 May
Freemium Article

May 6, 2026 7:53 PM UTC

Overview - The USD was generally weaker on Middle East peace hopes, but came off its lows in North America. 

Europe Summary and Highlights 6 May
Paying Article

May 6, 2026 10:28 AM UTC

USD modestly weaker through European morning as oil drops and equities gain

Asia Summary and Highlights 6 May
Paying Article

May 6, 2026 5:04 AM UTC

Australia to build A$10bn fuel reserve as Middle East crisis drives stockpile push
Potential Japan Intervention Again

Asia Open
Paying Article

May 6, 2026 12:08 AM UTC

Trump pauses Project Freedom 

May 05, 2026

North American Summary and Highlights 5 May
Freemium Article

May 5, 2026 7:23 PM UTC

Overview - Despite gains in USD/JPY, the USD was little changed overall. 

Asia Summary and Highlights 5 May
Paying Article

May 5, 2026 5:31 AM UTC

The RBA March meeting hike rates to 4.35% on a 8-1 vote

May 04, 2026

North American Summary and Highlights 4 May
Freemium Article

May 4, 2026 7:56 PM UTC

Overview - The USD picked up on escalating tensions in the Middle East. 

Asia Summary and Highlights 4 May
Paying Article

May 4, 2026 5:14 AM UTC

US CENTCOM says military support for Project Freedom begins May 4

May 03, 2026

Asia Open
Paying Article

May 3, 2026 11:00 PM UTC

Trump launches Project Freedom to escort ships out of Hormuz

May 01, 2026

North American Summary and Highlights 1 May
Freemium Article

May 1, 2026 7:37 PM UTC

Overview - The USD slipped early in Europe led by a sharp drop in USD/JPY but recovered in North America, with Trump stating he would put a 25% tariff on EU autos. 

This week's five highlights
Freemium Article

May 1, 2026 11:00 AM UTC

FOMC keeps rates on hold but three of four dissents are hawkish
BoE MPC Playing Its Cards Safe
ECB Mixed Communications
Bank of Canada Policy seen appropriate under baseline assumption
BoJ Slightly Hawkish Hold

Asia Summary and Highlights 1 May
Paying Article

May 1, 2026 5:20 AM UTC

Japan head intervention official won't comment on FX or oil futures intervention
All three item of Tokyo CPI below target

April 30, 2026

North American Summary and Highlights 30 Apr
Freemium Article

April 30, 2026 7:48 PM UTC

Overview - The USD was softer, most notably USD/JPY with the BoJ seen behind the move, though oil coming off its highs saw the USD slipping elsewhere too. 

Asia Summary and Highlights 30 Apr
Paying Article

April 30, 2026 5:35 AM UTC

US CENTCOM to brief Trump Thursday on Iran military options including infrastructure strike, Hormuz seizure and special forces uranium mission

April 29, 2026

North American Summary and Highlights 29 Apr
Freemium Article

April 29, 2026 8:11 PM UTC

Overview - The USD advanced as oil reflected increasing Middle East risk, with the move modestly extending after the FOMC meeting. The CAD was relatively resilient after the BoC meeting.

Asia Summary and Highlights 29 Apr
Paying Article

April 29, 2026 5:13 AM UTC

Trump has instructed aides to prepare for an extended, indefinite blockade of Iranian ports
UAE exiting OPEC 

April 28, 2026

Asia Open
Paying Article

April 28, 2026 11:28 PM UTC

Trump says Iran wants to open Strait

North American Summary and Highlights 28 Apr
Freemium Article

April 28, 2026 7:25 PM UTC

Overview - In another quiet day, the USD advanced in Europe but corrected in North America. 

Asia Summary and Highlights 28 Apr
Paying Article

April 28, 2026 5:30 AM UTC

BoJ Kept Rates Unchanged at 0.75%
Trump skeptical of Iran's negotiation offer

April 27, 2026

North American Summary and Highlights 27 Apr
Freemium Article

April 27, 2026 7:44 PM UTC

Overview - In a quiet day, the USD saw some slippage in Europe which was corrected in North America. 

Asia Summary and Highlights 27 Apr
Paying Article

April 27, 2026 4:41 AM UTC

Sentiment improves after the opening drop

Asia Open
Paying Article

April 27, 2026 12:08 AM UTC

Trump said Iran war will come very soon and it will be victorious

April 24, 2026

North American Summary and Highlights 24 Apr
Freemium Article

April 24, 2026 7:27 PM UTC

Overview - The USD was slightly softer, on limited Middle East optimism and the dropping of an investigation into Fed’s Powell making a prompt confirmation of Warsh as his successor more likely. 

This week's five highlights
Freemium Article

April 24, 2026 11:00 AM UTC

Iran Conflict Persists
U.S. March Retail Sales Show Underlying resilience
DXY Pushing higher
UK Inflation Being Fuelled But Wages Still on the Wane
UK Labor market Hemorrhaging

Asia Summary and Highlights 24 Apr
Paying Article

April 24, 2026 5:24 AM UTC

Japan March Headline inflation 1.5% y/y

Asia Open
Paying Article

April 24, 2026 12:00 AM UTC

Lebanon-Israel ceasefire extended three weeks after White House talks

April 23, 2026

North American Summary and Highlights 23 Apr
Freemium Article

April 23, 2026 7:44 PM UTC

Overview - Middle East tensions persisted, keeping the USD supported in subdued trade. 

Asia Summary and Highlights 23 Apr
Paying Article

April 23, 2026 5:36 AM UTC

Broader sentiment heavy

April 22, 2026

North American Summary and Highlights 22 Apr
Freemium Article

April 22, 2026 7:41 PM UTC

Overview - Middle East tensions persisted, keeping the USD well supported. 

Asia Summary and Highlights 22 Apr
Paying Article

April 22, 2026 5:15 AM UTC

Trump threatens to "blow up the rest of their Country"

Asia Open
Paying Article

April 22, 2026 12:14 AM UTC

Little progress

April 21, 2026

North American Summary and Highlights 21 Apr
Freemium Article

April 21, 2026 7:57 PM UTC

Overview - The USD was firmer primarily on Middle East risks but US data and Senate hearings for Fed Chair nominee Warsh also provided some support.