Good Morning ,
Today's overview of economic news and market action:
- Yesterday was another relatively quiet day on financial markets.
- The main FX pairs continued to operate within very narrow trading ranges.
- Of the muted price action, the dollar was under slight downward pressure.
- This sees EUR/USD open this morning up near the midpoint of $1.16-1.17.
- GBP/USD is changing hands in the bottom half of the $1.32-1.33 corridor.
- EUR/GBP continues to operate just below the 88p threshold.
- USD/JPY is at the halfway mark of ¥155-156.
- Today, US industrial production (Sep), the non-manufacturing ISM, ADP employment (both Nov) are due.
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.1643 |
|
0.29 |
12.46 |
| EUR/GBP |
0.8788 |
|
0.03 |
6.23 |
| GBP/USD |
1.3237 |
|
0.19 |
5.80 |
| GBP/EUR |
1.1367 |
|
-0.03 |
-5.86 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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