Dear Reader,
Today's overview of economic news and market action
- Euro rally loses steam – back firmly back below $1.05
- Final German results highlight difficulty in doing major reforms – e.g debt brake
- Currency-wise, euro now slipped to high $1.046, and 82.9p
- Quiet macro day - main highlights this US conference board consumer confidence for Feb
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Today's Opening FX Rates
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% Change Day* |
End 2024 |
| EUR/USD |
1.047 |
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-0.43 |
1.13 |
| EUR/GBP |
0.829 |
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-0.06 |
0.21 |
| GBP/USD |
1.2627 |
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-0.36 |
0.93 |
| GBP/EUR |
1.2059 |
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0.06 |
-0.21 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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