Dear Reader,

 

Today's overview of economic news and market action: 

  • There was a mixed tone to investor sentiment at the start of the week on markets …
  • Political turmoil re-emerged in France, as PM Lecornu resigned …
  • Against this backdrop, the euro was under some downward pressure …
  • Elsewhere, sterling was a touch firmer, while the yen recovered some ground …
  • In level terms, EUR/USD opens today back below the $1.17 threshold …
  • GBP/USD is in the upper half of the $1.34-1.35 range …
  • Elsewhere, EUR/GBP is down in the 86-87p corridor …
  • USD/JPY is at the midpoint of the ¥150-151 trading band …
  • Today, political developments in France will remain in focus …
 
Continue Reading
 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1691   -0.24 12.92
EUR/GBP 0.8682   -0.36 4.94
GBP/USD 1.3463   0.13 7.61
GBP/EUR 1.1515   0.36 -4.71
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
 
View Rates
 
More Economic News
 
AIB Ireland Services & Manufacturing PMIs
 
 

Services in September - Service sector growth rebounds ...

 

Manufacturing in September - Modest upturn in manufacturing performance ...

 

 
 
Read More
 
 
New Episode of AIB Market Talk
 
 

Join Joanne McCabe and Chief Economist David McNamara as they break down the latest AIB Irish Manufacturing and Services PMI data. The pair discuss key trends in sector growth, export dynamics, employment shifts, and the impact of global events on Ireland’s economy. Listen to our Treasury team as they talk insights into the resilience of Irish business as we enter the final quarter of 2025, with a spotlight on standout sectors and the outlook for the months ahead.
 
Listen Here