Dear Reader,

 

Today's economic news and market action:

  • Firmer tone to risk appetite yesterday
  • Reflected in gains on equity markets
  • On the currency front, the dollar softened
  • At the same time, sterling had some upward momentum
  • EUR/USD opens this morning back above $1.07
  • EUR/GBP has edged back down into lower half of 88-89p
  • Ahead today, the main data highlight is US CPI inflation for January
 
Continue Reading
 
Today's Opening FX Rates
 
      % Change
      Day* End 2021
EUR/USD 1.0736   0.64 0.32
EUR/GBP 0.8833   -0.26 -0.12
GBP/USD 1.2153   0.90 0.46
GBP/EUR 1.1316   0.26 0.12
*versus Previous Day's European Open

 
 
 
Manage your FX risk with a Forward Contract
 

Watch our video to learn the key features of a Forward Contract and how it will help provide you with greater certainty on profit margins 

 
 
Watch Here
 
Forward Contracts Video Gif
 
AIB Market Talk Podcast
 
 
Market Talk Podcast Cover Image

Click the link to listen to AIB Market Talk featuring discussions with our Economists and Treasury experts, providing you with specialist insight into the prevailing topics impacting Financial Markets.
 
Listen & Subscribe
 
 
Weekly Market Brief: 6 - 10 February
 

Got Sunshine on a Cloudy Day

The title of the IMF’s recent World Economic Outlook Update sums up the current state of the global economy quite well; “Inflation Peaking amid Low Growth”.
 
Read More
 
Economist's Weekly Market View - Back to the Future
 

Is the soft landing for the US economy, that even the US Federal Reserve had doubts could be achieved, coming into view for 2023? US Treasury Secretary, Janet Yellen, seems to think so, cementing last week that she sees a path in which the US economy avoids recession, helped by a significant decline in inflation and a strong labour market.
 
Continue Reading
 
Subscribe to our Economic Analysis
 

AIB's Economic Research Unit provides regular commentary on the domestic and global economy, currency and interest rate markets, and special commentary on key events...
 
Subscribe