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Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

  • There was a generally muted pattern to yesterday’s action across asset markets …
  • The Eurozone macro diary saw retail sales for May miss marginally below expectations …
  • In the US, non-manufacturing ISM for June was in line with expectations at 54.0 ...
  • On the currency front, EUR/USD remains above the $1.14 threshold ...
  • EUR/GBP is moving below the midpoint of 85-86p ...
  • GBP/USD has edged higher to trade in the upper half of the $1.33-1.34 band ...
  • Today’s macro calendar is very quiet, with pairs likely to continue trading near their current levels ...
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1426   -0.05 -2.72
EUR/GBP 0.854   -0.30 -2.01
GBP/USD 1.3375   0.24 -0.73
GBP/EUR 1.1703   0.30 2.05
*versus Previous Day's European Open

All rates quoted are indicative market rates.