Today's Opening FX Rates
 

                                                                                                        

                                                                        

      % Change
      Day* End 2020
EUR/USD 1.2185   -0.57 -0.23
EUR/GBP 0.9025   -0.13 0.98
GBP/USD 1.3498   -0.46 -1.28
GBP/EUR 1.1075   0.13 -0.98
         

 

*versus Previous Day's European Open


 
 
Manage your FX risk with a Forward Contract
 
 
https://aib.ie/fxcentre/our-products/foreign-exchange/forward-contract

Watch our video to learn the key features of a Forward Contract and how it will help provide you with greater certainty on profit margins 


 
 
 
New Year, Few Cheers - AIB Market Talk - 5th January 2021
 
 

In our first podcast of 2021, Paul Ward, AIB Treasury and Oliver Mangan, AIB’s Chief Economist discuss what the EU/UK trade deal really means on the ground for businesses and services, how sterling is reacting to the combined impacts of Brexit and another Covid lockdown and US employment data due for release on Friday. 


 
 
 
AIB's Irish Economy Watch
 
 

Lower energy prices and VAT cut continue to dampen inflation, despite a rise in prices in the hospitality sector....


 
 
AIB's Forex & Interest Rate Outlook
 
 

Further Covid waves disrupt recovery, but vaccines boost growth prospects....


 
 
AIB's Fed Watch
 
 

The final US Federal Reserve policy setting meeting for 2020 concluded last night in line with expectations. The Federal Open Market Committee (FOMC) kept the fed funds rate in its target range of 0.00-0.25%....


 
 
 
Hectic Week Ahead - Listen to the latest episode of AIB Market Talk
 
 

In this week’s episode, Cormac Cunnane, AIB Treasury and Oliver Mangan, AIB’s Chief Economist discuss the US presidential election and the possible impact it will have on financial markets, the two Central Bank meetings on Thursday and they discuss the likelihood of a Brexit deal before Christmas.