Good Morning ,

 

Today's overview of economic news and market action:

  • Trading conditions on financial markets were somewhat choppy yesterday …
  • Currency-wise, the dollar remained on the defensive throughout the European session …
  • EUR/USD opens this morning up above the $1.17 mark ...
  • GBP/USD is in the top half of the $1.33-1.34 range …
  • USD/JPY is changing hands close to the midpoint of the ¥155-156 corridor ...
  • Meantime, EUR/GBP is operating above the midpoint of the 87-88p trading band …
  • Already this morning, UK GDP data has printed just below the consensus …
  • The remainder of today’s macro calendar is relatively sparse …
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1738     0.45 13.38
EUR/GBP 0.8766      0.26 5.96
GBP/USD 1.3386      0.19 6.99
GBP/EUR 1.1403      -0.26 -5.62
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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