Good Morning ,
Today's overview of economic news and market action:
- Investor sentiment remained cautious yesterday …
- US rate expectations have hardened, amid a hawkish tone in the Fed meeting minutes …
- Currency-wise, the dollar has been in the ascendancy over the past 24 hours …
- Overall, the dollar has gained around 0.6% versus the euro and sterling, and circa 1.4% against the yen …
- EUR/USD open this morning back in the lower half of the $1.15-1.16 range …
- GBP/USD is down near the midpoint of $1.30-1.31 …
- USD/JPY is close to a nine-month high, at the halfway mark of ¥157-158 …
- EUR/GBP continues to change hands in the bottom half of the 88-89p corridor …
- Today, the focus is on the delayed release of the US labour market report for September …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.1517 |
|
-0.61 |
11.24 |
| EUR/GBP |
0.8814 |
|
0.01 |
6.54 |
| GBP/USD |
1.3063 |
|
-0.62 |
4.41 |
| GBP/EUR |
1.134 |
|
-0.01 |
-6.14 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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