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Good Morning ,

 

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

 

  • Risk averse mood continues to prevail on markets
  • Against the backdrop of concerns over the Middle East conflict and higher oil prices
  • Currency-wise, the majors have remained within narrow ranges
  • The dollar is marginally firmer amid the risk-off environment and higher oil prices
  • The Middle East and oil prices will continue to warrant attention today
  • Data-wise, the release of US CPI inflation (Aug) poses some event risk for the dollar

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1611   -0.21 -1.14
EUR/GBP 0.8585   0.01 -1.49
GBP/USD 1.3521   -0.23 0.36
GBP/EUR 1.1643   -0.01 1.51
*versus Previous Day's European Open

All rates quoted are indicative market rates.