Good Morning ,

 

Today's overview of economic news and market action:

  • Trading conditions were choppy across financial markets yesterday …
  • The delayed release of the US labour market report for September was mixed …
  • On the currency front, the main pairs were relatively range bound yesterday …
  • The dollar maintained its momentum from the day prior in early trading …
  • However, the dollar handed back its gains following the release of the US job’s data …
  • EUR/USD opens this morning up near the halfway mark of $1.15-1.16 …
  • GBP/USD is in the top half of the $1.30-1.31 corridor …
  • EUR/GBP continues to change hands in the bottom half of the 88-89p band …
  • Today, the flash PMIs for the Eurozone, UK and US (all November) are due …
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1545   0.26 11.51
EUR/GBP 0.8821   0.01 6.62
GBP/USD 1.3084   0.25 4.58
GBP/EUR 1.1332   -0.01 -6.21
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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