Dear Reader,
Here is an overview of today's economic news and market action:
- Risk off mood from Tuesday carried over into yesterday …
- Euro Stoxx 50 down 0.7%, S&P 500 fell by 0.4% …
- Currency-wise though, the dollar and yen handed back their recent gains …
- Euro holding a firmer tone also …
- Sees EUR/USD open up near the midpoint of $1.10-1.11 …
- GBP/USD is in the top half of $1.24-1.25 …
- EUR/GBP is operating above the halfway mark of 88-89p …
- First reading of Q1 GDP in the US due today …
Continue Reading
|
|
|
|
Today's Opening FX Rates
| |
|
|
% Change |
| |
|
|
Day* |
End 2021 |
| EUR/USD |
1.1054 |
|
0.68 |
3.29 |
| EUR/GBP |
0.8863 |
|
0.31 |
0.21 |
| GBP/USD |
1.2469 |
|
0.37 |
3.08 |
| GBP/EUR |
1.1276 |
|
-0.30 |
-0.21 |
| *versus Previous Day's European Open |
|
|
|
|
|
|
Weekly Market Brief: 24-28 April
Storm Clouds Gathering
- It is a tricky balancing act for central banks in trying to engineer a slowdown in economic activity to lower inflation, by tightening monetary policy, without going too far in hiking rates, and having an even greater contractionary impact on demand.
Read More
|
| |
|
Weekly Market View
Sensitive Expectations
It is a tricky balancing act for central banks in trying to engineer a slowdown in economic activity to lower inflation, by tightening monetary policy, without going too far in hiking rates, and having an even greater contractionary impact on demand.
Read More
|
| |
|
Irish Economy Watch - April 2023
PMI eased back to 49.7 in Mar, indicating a modest softening in business conditions. New orders, including exports, and output fell. Meantime, there was a further easing in inflation
Read More
|
|
|
|
|
|
