J.P. Morgan logo
J.P. Morgan

July 9, 2026

G10 FX Daily Report

Daily UpdateFXRates Govt BondsEnergy

This report provides a daily overview of G10 FX markets, noting resilience in G10 currencies despite Middle East geopolitical tensions and cooling hawkish expectations for the Federal Reserve.

Key Takeaways

  • 1.G10 markets remain relatively stable compared to the volatility seen in EM and Middle East geopolitical noise.
  • 2.Fed policy appears to have reached peak hawkishness, with the committee appearing more divided on future hikes.
  • 3.Sterling remains resilient despite geopolitical tensions and dovish comments from Bank of England's Bailey.

Table of Contents

  • FUR
  • GBP
  • JPY
  • CHF
  • AUD
  • NZD
  • CAD
  • SEK
  • NOK

Document Preview

Page 1 of 4
Page 1 of G10 FX Daily Report
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

Laoise Ni Thighearnaigh

Securities

USDZAREURHUF

Themes

Federal Reserve peak hawkishnessGeopolitical risk in the Middle East

Regions

GlobalMiddle EastUnited StatesJapanUnited Kingdom