Dear Reader,
Today's overview of economic news and market action
- US CPI inflation numbers were in focus yesterday
- Overall, inflation report was in line with expectations
- Currency-wise, euro remained under pressure
- EUR/GBP fell to a new YTD low
- Most of main pairs though open this morning showing minimal change vs. yesterday’s open
- EUR/USD is in the lower half of $1.05-1.06, EUR/GBP is below midpoint of 82-83p
- Today’s ECB meeting provides some key event risk for the euro
Continue Reading
|
|
|
|
Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2023 |
| EUR/USD |
1.0527 |
|
0.04 |
-4.61 |
| EUR/GBP |
0.8236 |
|
-0.07 |
-4.98 |
| GBP/USD |
1.278 |
|
0.13 |
0.40 |
| GBP/EUR |
1.2138 |
|
0.07 |
5.25 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
|
|
|
|
|
