Good Morning ,
Today's overview of economic news and market action:
- In line with market expectations, the BoE left the Bank rate unchanged yesterday …
- Despite the dovish hold from the BoE, UK interest rate futures were little changed …
- Elsewhere on markets there was a risk-off tone to investor sentiment …
- However, unlike earlier in the week, the dollar did not benefit from safe haven demand …
- EUR/USD opens today in the lower half of $1.15-1.16 ...
- GBP/USD is back above the $1.31 handle …
- EUR/GBP remains in and around 88p …
- Today, the US Michigan measure of consumer sentiment is due …
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Today's Opening FX Rates
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|
% Change Day* |
End 2024 |
| EUR/USD |
1.1532 |
|
0.20 |
11.39 |
| EUR/GBP |
0.8791 |
|
-0.22 |
6.26 |
| GBP/USD |
1.3114 |
|
0.42 |
4.82 |
| GBP/EUR |
1.1371 |
|
0.22 |
-5.89 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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