Good Morning ,

 

Today's overview of economic news and market action:

 

  • There was a cautious optimism on markets yesterday …
  • Oil prices are currently back below $90 per barrel …
  • Currency-wise, the main pairs remain range bound …
  • EUR/USD opens once again this morning in the lower half of $1.16-1.17 …
  • GBP/USD is in the bottom half of the $1.34-1.35 corridor …
  • EUR/GBP is at the midpoint of the 86-87p range …
  • Today, the focus will remain on the Middle East …
  • Markets will be looking for any signs that the war is winding down …
  • US CPI inflation data for February will also warrant some attention …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1621   0.03 -1.06
EUR/GBP 0.8647   0.01 -0.78
GBP/USD 1.3436   0.00 -0.27
GBP/EUR 1.1559   -0.01 0.79
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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