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Good Morning ,

 

Today's overview of economic news and market action:

  • The cautious mood on markets persisted yesterday …
  • On the currency front, the dollar was in the ascendancy throughout much of the day …
  • This sees EUR/USD opens this morning in the lower half of $1.19-1.20 …
  • GBP/USD is back below $1.38 …
  • EUR/GBP remains in the top half of 86-87p …
  • USD/JPY is in the upper region of ¥153-154 …
  • Today, the data calendar is US centric …
  • In the US, President Trump is expected to announce his nominee to be the next Fed Chair …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1938   -0.35 1.64
EUR/GBP 0.8666   0.12 -0.56
GBP/USD 1.3771   -0.48 2.21
GBP/EUR 1.1534   -0.12 0.57
*versus Previous Day's European Open

All rates quoted are indicative market rates.