Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Investor sentiment was somewhat mixed yesterday …
- In terms of monetary policy, a number of Fed officials made hawkish remarks …
- Meantime, the ECB meeting account for July indicated further policy tightening is likely …
- However, currency markets remained extremely range bound …
- As a result, EUR/USD opens today at the midpoint of $1.16-1.17 once again …
- GBP/USD is in the top half of $1.35-1.36 …
- EUR/GBP remains in the upper part of the 85-86p band …
- Today, the focus will be on Fed Chair Warsh’s speech at Jackson Hole …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1645 |
|
-0.09 |
-0.85 |
| EUR/GBP |
0.8568 |
|
-0.10 |
-1.69 |
| GBP/USD |
1.3589 |
|
0.02 |
0.86 |
| GBP/EUR |
1.1665 |
|
0.11 |
1.72 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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