Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Investor sentiment continued to hold a cautious tone yesterday …
- US core-PCE inflation printed below the consensus for August …
- Meantime, German, French and Italian inflation rose due to higher energy prices …
- On the currency front, the euro and yen were on the defensive …
- At the same time, sterling was holding a slightly firmer tone …
- This sees EUR/GBP open today in the lower half of 85-86p …
- EUR/USD is operating at a new YTD low, close to the $1.13 threshold …
- Today, remarks from ECB officials, including President Lagarde will be in focus …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1310 |
|
-0.19 |
-3.70 |
| EUR/GBP |
0.8531 |
|
-0.40 |
-2.11 |
| GBP/USD |
1.3250 |
|
0.19 |
-1.66 |
| GBP/EUR |
1.1714 |
|
0.40 |
2.16 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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