Dear Reader,
Today's overview of economic news and market action
- Equity markets moved higher on both sides of the Atlantic yesterday …
- Currency-wise, the price action was limited once again …
- Of the muted action to note, the dollar remained on the defensive ...
- However, overnight, the greenback retook the ascendancy …
- This sees EUR/USD open this morning back below $1.04 …
- GBP/USD is down at the $1.23 handle …
- EUR/GBP remains near the midpoint of 84-85p …
- USD/JPY is up in the top half of ¥156-157 …
- Today, the main data release will be EZ flash consumer confidence (Jan) …
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Today's Opening FX Rates
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% Change Day* |
End 2024 |
| EUR/USD |
1.0394 |
|
-0.20 |
0.40 |
| EUR/GBP |
0.8448 |
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0.12 |
2.12 |
| GBP/USD |
1.2299 |
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-0.35 |
-1.69 |
| GBP/EUR |
1.1832 |
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-0.12 |
-2.07 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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