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Good Morning ,

 

Today's overview of economic news and market action:

  • The ECB left policy on hold yesterday, as expected …
  • Furthermore, the ECB offered no new guidance on the path of rates …
  • Meantime, markets continued to digest the US fed and BoJ meeting outcomes …
  • Against this backdrop, the dollar firmed while the yen was on the defensive …
  • This sees USD/JPY open today above ¥154 …
  • EUR/USD is back near the midpoint of $1.15-1.16 …
  • GBP/USD is in the lower half of $1.31-1.32 …
  • EUR/GBP is operating just below the 88p mark …
  • Today, Eurozone flash HICP inflation for October will be released …

 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1559   -0.55 11.65
EUR/GBP 0.8796   -0.01 6.32
GBP/USD 1.3136   -0.55 5.00
GBP/EUR 1.1362   0.01 -5.95
*versus Previous Day's European Open

All rates quoted are indicative market rates.