Good Morning ,

 

Today's overview of economic news and market action:

 

  • Subdued tone to the action on financial markets yesterday
  • Investors were waiting for developments in relation to the Middle East conflict
  • Oil prices continued to move higher
  • Currency-wise, the dollar rose marginally versus the euro and sterling
  • EUR/USD opens this morning at $1.17
  • Ahead today, Middle East related developments will remain a potential source of direction
 
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New Episode: Markets, Housing and Construction in Focus
Listen to AIB's Market Talk Podcast for the latest market insights
 
 

Join Jane Kavanagh from AIB’s Corporate Treasury desk, alongside John Fahey, Senior Economist, and Pat O’Sullivan, Head of Real Estate Research, for this edition of AIB Market Talk. The discussion explores recent global market developments and what they mean for Ireland’s construction, housing and real estate sectors.
 
Listen here
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1701   -0.21 -0.37
EUR/GBP 0.8658   0.00 -0.65
GBP/USD 1.3514   -0.18 0.30
GBP/EUR 1.1547   0.00 0.66
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
 
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