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Dear Reader,

 

Today's overview of economic news and market action

 

  • Mixed mood on markets at the start of the week …
  • Currency-wise, sterling was on the front-foot …
  • Elsewhere, the euro and the yen were under pressure …
  • This Sees EUR/GBP open today back below the 83p threshold …
  • GBP/USD is in the top half of $1.26-1.27 …
  • EUR/USD is at the $1.05 mark …
  • USD/JPY is just north of ¥154 …
  • Later today, US retail sales & industrial production (Nov) are due …

 
Today's Opening FX Rates
 
      % Change Day* End 2023
EUR/USD 1.0502   -0.15 -4.84
EUR/GBP 0.8285   -0.47 -4.42
GBP/USD 1.2671   0.28 -0.46
GBP/EUR 1.2063   0.47 4.62
*versus Previous Day's European Open

All rates quoted are indicative market rates.