Dear Reader,

 

Today's overview of economic news and market action: 

 

  • Investors continued to digest the US-EU trade deal announcement yesterday …
  • A busy macro calendar and a slew of earnings reports also impacted sentiment ..
  • The dollar remained in the ascendancy, but it handed back some of its gains overnight …
  • At the same time, the euro was on the defensive once again …
  • EUR/USD starts today just in the top half of $1.15-1.16 …
  • GBP/USD is at the midpoint of $1.33-1.34 …
  • EUR/GBP is at the halfway mark of 86-87p …
  • Today, the focus will be on the Fed FOMC meeting outcome …
 
Continue Reading
 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1558   -0.26 11.64
EUR/GBP 0.8653    0.30  4.59
GBP/USD 1.3352   0.04   6.72
GBP/EUR 1.155   0.30 -4.39
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
 
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