Good Morning ,

 

Today's overview of economic news and market action:

 

  • A market holiday across Europe meant trading conditions were relatively muted yesterday …
  • Nevertheless, investor sentiment remained reactive to developments in relation to the war in the Middle East …
  • Oil prices fluctuated throughout the day, but Brent Crude is currently up above $111 per barrel …
  • Currency-wise, the main pairs were largely range bound …
  • EUR/USD opens today in the lower half of the $1.15-1.16 range …
  • GBP/USD is in the bottom half of the $1.32-1.33 corridor …
  • Elsewhere, EUR/GBP remains north of the 87p mark …
  • Today, market participants will remain focused on developments in the Middle East …
  • Later this week, US inflation data (both CPI & core-PCE), as well as the Fed meeting minutes, are due …
 
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New Episode: Risks, Resilience and the Road Ahead in the Agriculture & Food Manufacturing sector
Listen to AIB's Market Talk Podcast for the latest market insights
 
 

Join Jane Kavanagh from AIB’s Corporate Treasury desk, AIB Chief Economist David McNamara, Donal Whelton, Head of Agriculture & Food Manufacturing with AIB Business Banking, and Patrick Higgins, Head of Consumer Research, Food & Beverage at Goodbody, for this edition of AIB Market Talk focusing on Ireland’s agriculture and food manufacturing sector.
 
Listen here
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1538   0.13 -1.76
EUR/GBP 0.8713   -0.08 -0.02
GBP/USD 1.3237   0.20 -1.75
GBP/EUR 1.1471   0.08 0.02
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
 
View Rates