Good Morning ,

 

Today's overview of economic news and market action:

  • The risk-off mode on markets gathered momentum yesterday …
  • On the currency front, the main FX pairs remained range bound …
  • Of the limited moves to note the dollar was holding a slightly firmer tone …
  • Meanwhile, the yen remained under some downward pressure …
  • In level terms, EUR/USD is in the top half of $1.15-1.16 …
  • Meantime, EUR/GBP remains above the 88p mark …
  • GBP/USD is in the lower half of $1.31-1.32 …
  • EUR/JPY is changing hands north of the ¥180 handle …
  • The Fed meeting minutes are due after the European close …
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1584   -0.10 11.89
EUR/GBP 0.8816   0.07 6.56
GBP/USD 1.3137   -0.17 5.00
GBP/EUR 1.1339   -0.07 -6.16
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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