Good Morning ,
Today's overview of economic news and market action:
- Middle East conflict remained the main driver of markets last week …
- As oil prices rose above $100 per barrel, risk appetite soured …
- At the same time, market interest rate expectations hardened …
- Currency-wise, the dollar remained to the fore …
- This sees EUR/USD open this morning down in the lower half of the $1.14-1.15 range …
- GBP/USD is just below the midpoint of $1.32-1.33 …
- EUR/GBP is changing hands in the lower half of the 86-87p corridor …
- This week, the focus will remain centred on the Middel East ..
- A slew of central bank meetings (Fed, ECB, BoE & BoJ) will also be in focus …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1424 |
|
-0.66 |
-2.73 |
| EUR/GBP |
0.8628 |
|
0.05 |
-1.00 |
| GBP/USD |
1.3241 |
|
-0.68 |
-1.72 |
| GBP/EUR |
1.1588 |
|
-0.05 |
1.01 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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