Dear Reader,
Today's overview of economic news and market action
- Less eventful day’s trading yesterday compared to Wednesday
- Currency-wise, main pairs were range bound yesterday
- Weaker than expected UK retail sales has put sterling on the defensive this morning
- EUR/GBP has edged higher within the lower half of 84-85p in early trading
- Ahead today, the main macro data highlight is US industrial production (Dec)
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Today's Opening FX Rates
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% Change Day* |
End 2024 |
| EUR/USD |
1.0281 |
|
0.01 |
-0.70 |
| EUR/GBP |
0.8437 |
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0.20 |
1.98 |
| GBP/USD |
1.2182 |
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-0.22 |
-2.63 |
| GBP/EUR |
1.1848 |
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-0.20 |
-1.94 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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