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Good Morning ,

 

Today's overview of economic news and market action:

  • The cautious tone to investor sentiment persisted on financial markets yesterday …
  • On the data front, the main release was the US labour market report for January …
  • Overall, the release was a mixed bag …
  • In the initial aftermath of the release, the dollar strengthened markedly …
  • However, the greenback handed back the majority of its gains as the day progressed …
  • EUR/USD opens this morning in the top half of $1.18-1.19 …
  • GBP/USD is operating back in the lower half of $1.36-1.37 …
  • EUR/GBP remains just above the 87p mark …
  • Today’s macro calendar is relatively sparse …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1874   -0.37 1.10
EUR/GBP 0.8708   -0.10 -0.08
GBP/USD 1.3632   -0.26 1.18
GBP/EUR 1.148   0.10 0.08
*versus Previous Day's European Open

All rates quoted are indicative market rates.