Newsquawk Logo

[MARKET ANALYSIS] JPY softens on GDP, AUD outperforms amid risk, DXY uneventful on a US holiday

The JPY is weakening following disappointing preliminary GDP data from Japan, which suggests underlying economic weakness.

Newsquawk StaffPublished On the live feed at — 5 more headlines followed before this page went public
Newsquawk headlinesUTC

[MARKET ANALYSIS] European equities entirely in the green as US and China close for holiday celebrations

Rosebank (ROSE LN) is said to be in talks to purchase CPM and MW Industries for as much as GBP 2.2bln, Sky News reports citing sources

[MARKET ANALYSIS] JPY softens on GDP, AUD outperforms amid risk, DXY uneventful on a US holiday

Swiss Sight Deposits (w/e Feb 15). Domestic Banks CHF 437bln (prev. 430.6bln), Total CHF 452.7bln (prev. 447.4bln)

Ukraine and Iran negotiations with the US in Geneva are to take place simultaneously on February 17th

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.
  • DXY resides in a narrow 96.875-97.017 range after eking modest gains in APAC hours, albeit in rangebound trade, after a lack of major catalysts and with US participants away on Monday. In terms of the week ahead, Tuesday sees the weekly ADP metrics ahead of Wednesday's FOMC minutes and Friday's Core December PCE and Q4 GDP. Further out, NVIDIA earnings are due Wednesday, 25th February - analysts are closely watching this release as a bellwether for AI infrastructure spending.
  • EUR/USD is little changed in a 1.1858-1.1872 range amid the absence of any major macro catalysts and with light newsflow from the bloc, while comments from ECB President Lagarde and news that the ECB is to make its repo backstop available to other central banks across the world did little to spur price action. The pair remains comfortably within Friday's 1.1847-1.1885 parameters.
  • GBP/USD edged back towards Friday's highs but with price action contained by resistance around 1.3650. Also, digesting comments from BoE's Mann that the UK economy is sluggish and tepid, with consumers spending less due to being scarred by high inflation. GBP/USD currently trades towards the upper end of a 1.3634-1.3660 range vs Friday's 1.3590-1.3659 band.
  • USD/JPY edged higher and returned to above the 153.00 level (152.63-153.46 intraday range) in APAC trade following weaker-than-expected preliminary Q4 GDP data for Japan. Meanwhile, this morning, BoJ Governor Ueda and Japanese PM Takaichi held informal talks, in which Ueda said he will not comment on the details but PM Takaichi did not have a specific policy request - no move seen on this.
  • Antipodeans are outperforming G10 peers with the AUD and NZD taking impetus from the gains across stocks in European trade amid a lack of tier-1 catalysts in otherwise quiet trade, with the US closed today and China away till next week.
Context

Meanwhile, the AUD is experiencing strength due to enhanced risk sentiment and stock gains, positioning it well against other G10 currencies. With the DXY trading sideways amid a quiet US holiday, these currency movements reflect current market dynamics and may influence trading strategies ahead of upcoming economic releases.

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.