Good Morning ,
Today's overview of economic news and market action:
- The cautious mood on financial markets persisted yesterday …
- On the currency front, the dollar has been holding a slightly firmer tone over the past 24 hours …
- At the same time, sterling handed back some of its recent gains …
- In level terms, this sees EUR/USD open this morning back below the $1.18 threshold …
- GBP/USD is changing hands down near the $1.36 handle …
- EUR/GBP is operating above the midpoint of the 86-87p range …
- Today, the focus will be on the ECB and BoE policy setting meetings …
- Neither central bank is expected to alter interest rates …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1786 |
|
-0.40 |
0.35 |
| EUR/GBP |
0.8657 |
|
0.36 |
-0.67 |
| GBP/USD |
1.3609 |
|
-0.77 |
1.01 |
| GBP/EUR |
1.1545 |
|
-0.36 |
0.67 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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