Dear Reader,
Today's overview of economic news and market action
- Risk appetite rebounded modestly yesterday, amid a relatively quiet day on markets …
- Bond yields moved higher, albeit not by the same extent as earlier in the week …
- On the currency front, the main pairs operated in narrow ranges …
- EUR/USD is changing hands back below the $1.03 handle …
- EUR/GBP remains in the top half of the 83-84p corridor …
- Elsewhere, GBP/USD is operating down below the $1.23 threshold …
- Today, the main focus will be the US labour market report for December …
- The data pose some event risk for the dollar …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.0287 |
|
-0.17 |
-0.64 |
| EUR/GBP |
0.837 |
|
0.17 |
1.17 |
| GBP/USD |
1.2286 |
|
-0.36 |
-1.80 |
| GBP/EUR |
1.1942 |
|
-0.17 |
-1.16 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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