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Good Morning ,

 

Today's overview of economic news and market action:

 

  • Trading conditions were choppy yesterday …
  • The conflict in the Middle East remained in focus …
  • There was a risk-off mood initially yesterday, albeit sentiment improved throughout the day …
  • However, overnight, sentiment has soured once more …
  • Oil & natural gas prices are higher, sovereign bond yields have risen, and the dollar is to the fore …
  • EUR/USD opens below the $1.17 threshold …
  • GBP/USD is back at the midpoint of $1.33-1.34 …
  • EUR/GBP is in the lower half of 87-88p …
  • The focus is likely to remain fixed on the Middle East again today …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1667   -0.83 -0.66
EUR/GBP 0.8732   -0.42 0.20
GBP/USD 1.3359   -0.40 -0.85
GBP/EUR 1.1448   0.42 -0.19
*versus Previous Day's European Open

All rates quoted are indicative market rates.