Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

 

  • The risk averse mood at the start of the week carried into yesterday …
  • On bond markets, UK Gilt yields rose sharply, while US & German yields remained elevated …
  • Currency-wise, the main pairs remained range bound …
  • This sees EUR/USD open today back below $1.16 …
  • GBP/USD is operating down near $1.35 …
  • EUR/GBP remains in the top half of 85-86p …
  • Today, the macro calendar is sparse on both sides of the Atlantic …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1579   -0.22 -1.41
EUR/GBP 0.8572   0.05 -1.64
GBP/USD 1.3505   -0.27 0.24
GBP/EUR 1.1661   -0.05 1.67
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
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