Dear Reader,

 

Today's overview of economic news and market action: 

 

  • Investor sentiment was holding a cautious tone yesterday on both sides of the Atlantic …
  • US CPI inflation was broadly in-line with expectations yesterday …
  • Following the release, US rates futures firmed, Treasury yields rose & the dollar strengthened …
  • This sess EUR/USD start today back in the lower half of $1.16-1.17 …
  • GBP/USD is down at the $1.34 threshold …
  • EUR/GBP is changing hands nearer the midpoint of 86-87p …
  • Already today, UK CPI inflation has printed above the consensus …
  • Later today, the main highlight will be US PPI inflation …

 

 

 
Continue Reading
 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1622   -0.46 12.26
EUR/GBP 0.8665   0.30 4.74
GBP/USD 1.3409   -0.16 7.18
GBP/EUR 1.1537   0.30 -4.52
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 

 
More Economic News
 
Forex & Interest Rate Outlook - July 2025
 
 

Risk appetite improves following significant uncertainty/volatility in the aftermath of “Liberation day” However, there is still limited clarity on the ultimate landing zone for US tariffs. 

 
Read More
 
 
Irish Housing Market Bulletin- June 2025
 
 

As we reach the halfway mark of 2025, the Irish residential property market continues to be defined by a shortfall in supply.

 

 
Read More