Good Morning ,

Today's overview of economic news and market action:

• There was a cautious mood on markets at the start of the week …
• Currency-wise, the main pairs were largely range bound …
• Of the muted moves to register, the dollar was in the ascendancy …
• This sees EUR/USD open this morning back under the $1.18 threshold …
• GBP/USD is changing hands down below the $1.35 handle …
• Elsewhere, EUR/GBP remains in the lower half of the 87-88p corridor …
• USD/JPY is above the ¥155 mark …
• The data schedule is quiet today …
• Remarks from BoE officials at the Treasury Select Committee will be in focus …

All rates quoted are indicative market rates.