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Dear Reader,

 

Today's overview of economic news and market action

  • There was a somewhat mixed tone to sentiment yesterday …
  • Currency-wise, the price action was limited throughout the European session …
  • Of the limited moves to note, the dollar remained under pressure …
  • This sees EUR/USD open today above the $1.04 threshold …
  • GBP/USD is changing hands in the $1.23-1.24 band …
  • EUR/GBP remains in and around the midpoint of 84-85p …
  • Today, the macro calendar is rather sparse once again …

 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.0415   0.36 0.60
EUR/GBP 0.845   -0.02 2.14
GBP/USD 1.232   0.38 -1.53
GBP/EUR 1.1828   0.02 -2.09
*versus Previous Day's European Open

All rates quoted are indicative market rates.