Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Overall, there was a cautious tone to investor sentiment last week …
- Concerns regarding AI valuations, broadening US inflation, elevated commodity prices & fiscal/political stability in France weighed on risk appetite …
- Against this backdrop, trading conditions were volatile and ranges were wider …
- The dollar depreciated slightly on the week, while sterling firmed somewhat …
- This sees EUR/USD open today in the lower half of $1.12-1.13 …
- GBP/USD is changing hands in the $1.33-1.34 corridor …
- EUR/GBP is back in the lower half of the 84-85p …
- Looking ahead, a busy data calendar this week includes the PMIs and a host of UK releases …
|
Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1227 |
|
-0.01 |
-4.41 |
| EUR/GBP |
0.8420 |
|
-0.23 |
-3.38 |
| GBP/USD |
1.3330 |
|
0.21 |
-1.06 |
| GBP/EUR |
1.1871 |
|
0.23 |
3.50 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
|
|
