FX Market Overview: Friday, April 10, 2026
The FX market on Friday, April 10, 2026, saw a general weakening of the US Dollar against a basket of G7 currencies, with notable gains for AUD, EUR, and CHF. Emerging market currencies, particularly the Brazilian Real and Swedish Krona, demonstrated significant appreciation against the USD. Commodity markets presented a mixed picture, with silver posting a strong gain while gold and platinum registered minor declines.
FX Majors
The US Dollar experienced broad-based selling against most G7 counterparts. For a detailed breakdown of market movements, visit our Market Summary Dashboard.
| Pair | Rate | Change (%) | Pips |
|---|---|---|---|
| EUR/USD | 1.17110 | +0.2225% | +26.0 |
| GBP/USD | 1.34447 | +0.1627% | +21.8 |
| USD/JPY | 159.19221 | +0.1702% | +27.1 |
| USD/CHF | 0.78909 | -0.2112% | -16.7 |
| AUD/USD | 0.70714 | +0.4162% | +29.3 |
| USD/CAD | 1.38220 | -0.1480% | -20.5 |
| NZD/USD | 0.58456 | +0.1475% | +8.6 |
The Euro strengthened against the Dollar, with EUR/USD closing at 1.17110, up 0.2225%. Similarly, GBP/USD advanced by 0.1627% to 1.34447. The Australian Dollar was the strongest performer among the G7, with AUD/USD gaining 0.4162% to 0.70714. The Swiss Franc also saw appreciation against the Dollar, pushing USD/CHF down by 0.2112% to 0.78909. Conversely, USD/JPY rose by 0.1702% to 159.19221, indicating Dollar strength against the Yen. The Canadian Dollar strengthened, leading to a 0.1480% decline in USD/CAD to 1.38220, while NZD/USD posted a modest gain of 0.1475% to 0.58456.
Cross Rates
In cross-currency trading, EUR/JPY saw a significant rise of 0.3931% to 186.43000, reflecting broad Euro strength against the Yen. GBP/JPY also advanced by 0.3332% to 214.02905. EUR/GBP edged up by 0.0597% to 0.87105, indicating marginal Euro outperformance against Sterling. AUD/NZD strengthened by 0.2683% to 1.20971, with the Australian Dollar gaining against its Tasman counterpart. EUR/CHF remained relatively stable, up only 0.0108% at 0.92410, while EUR/AUD declined by 0.1929% to 1.65610, consistent with the strong AUD performance.
Emerging Markets & Scandinavian
Emerging market and Scandinavian currencies generally strengthened against the US Dollar. USD/BRL recorded the largest move across all tracked pairs, falling by 0.8801% to 5.05431, indicating significant Brazilian Real appreciation. The Swedish Krona also saw substantial gains, with USD/SEK declining by 0.5935% to 9.25284. The Polish Zloty followed suit, as USD/PLN dropped by 0.5104% to 3.62352. The Chinese Yuan strengthened modestly, with USD/CNY down 0.0921% to 6.82837, and the Singapore Dollar also gained, pushing USD/SGD down 0.0344% to 1.27393. The Danish Krone appreciated, with USD/DKK falling 0.2233% to 6.38092.
Biggest Movers
The session was characterized by several notable currency movements, primarily reflecting a weaker US Dollar trend and specific regional factors.
- USD/BRL: -0.8801% – The Brazilian Real was the strongest performer, appreciating significantly against the US Dollar. This move could be influenced by local market sentiment or capital flows.
- USD/SEK: -0.5935% – The Swedish Krona also posted substantial gains against the Dollar. While Swedish bond yields saw some declines, the overall SEK strength suggests other factors, potentially related to risk sentiment or specific local economic outlooks, were at play.
- USD/PLN: -0.5104% – The Polish Zloty strengthened considerably against the Dollar, aligning with the broader trend of EM currency appreciation.
- AUD/USD: +0.4162% – The Australian Dollar was the top G7 performer against the USD, indicating robust demand for the commodity-linked currency.
- EUR/JPY: +0.3931% – The Euro's strong performance against the Japanese Yen highlights a divergence in sentiment or economic outlook between the Eurozone and Japan.
Key Economic Releases
Several key economic indicators were released, providing insights into underlying economic conditions and influencing currency movements. For more in-depth analysis, refer to our Macro Intel Dashboard.
| Currency | Indicator | Value | Change vs Prior (%) |
|---|---|---|---|
| 🇨🇦 CAD | Employment | 20,791,400 | +0.04% |
| 🇨🇦 CAD | Full Time Employment | 16,809,100 | -0.04% |
| 🇨🇦 CAD | Part Time Employment | 3,982,300 | +0.38% |
| 🇨🇦 CAD | Participation Rate |
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