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Good Morning ,

 

Today's overview of economic news and market action:

  • For the majority of last week, there was a cautious tone to investor sentiment …
  • Currency-wise, the dollar started the week under pressure but ended it marginally higher …
  • Sterling was supported by a modest firming in UK rate expectations …
  • In level terms, EUR/USD opens in the lower half of $1.16-1.17 …
  • GBP/USD is changing hands below the $1.34 threshold …
  • Elsewhere, EUR/GBP is operating in the upper region of the 86-87p corridor …
  • USD/JPY is just above the ¥158 handle, having traded north of ¥159 for a period last week …
  • This week, a busy data calendar and geopolitics will be in focus …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1622   0.14 -1.05
EUR/GBP 0.8682   0.12 -0.38
GBP/USD 1.3382   0.01 -0.68
GBP/EUR 1.1512   -0.12 0.38
*versus Previous Day's European Open

All rates quoted are indicative market rates.