Dear Reader,

 

Today's overview of economic news and market action

 

  • Risk appetite rebounded modestly yesterday, amid a relatively quiet day on markets …
  • Bond yields moved higher, albeit not by the same extent as earlier in the week …
  • On the currency front, the main pairs operated in narrow ranges …
  • EUR/USD is changing hands back below the $1.03 handle …
  • EUR/GBP remains in the top half of the 83-84p corridor …
  • Elsewhere, GBP/USD is operating down below the $1.23 threshold …
  • Today, the main focus will be the US labour market report for December …
  • The data pose some event risk for the dollar …
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.0287   -0.17 -0.64
EUR/GBP 0.837   0.17 1.17
GBP/USD 1.2286   -0.36 -1.80
GBP/EUR 1.1942   -0.17 -1.16
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 

 
More Economic News
 
Historic Rates for 2024
 
 
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