Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Oil prices fell by circa 5% yesterday, with Brent crude back near $105 per barrel …
- Against this backdrop, there was a positive tone to investor sentiment …
- Currency-wise, sterling was initially on the defensive amid a softening in UK rate expectations …
- Meantime, the dollar was under pressure, albeit it moved off its lows overnight …
- EUR/USD opens today just above the $1.16 mark …
- GBP/USD is operating north of the $1.34 threshold …
- Meantime, EUR/GBP is back at the midpoint of 86-87p …
- Today, the flash PMIs for the main advanced economies are due …
- Markets will also remain sensitive to developments regarding the Middle East …
AIB Market Talk - The Irish Economic Outlook: Resilience in Uncertain Times
- Ireland's outlook for 2026
- Geopolitical risks and energy pressures
- Inflation, growth and consumer behaviour
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1616 |
|
0.18 |
-1.10 |
| EUR/GBP |
0.8648 |
|
-0.14 |
-0.77 |
| GBP/USD |
1.3427 |
|
0.28 |
-0.34 |
| GBP/EUR |
1.1556 |
|
0.14 |
0.77 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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