Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Market discourse was dominated by negotiations between the US and Iran last week …
- Amid signs of some progress, risk appetite held an overall positive tone …
- Currency-wise, the action amongst the majors was confined to relatively narrow ranges …
- The dollar remained elevated, while sterling recouped some of its losses from the week prior …
- In level terms, EUR/USD is above the $1.16 threshold …
- Meantime, the EUR/GBP pair eased back into the lower half of 86-87p …
- GBP/USD moved onto the top half of $1.34-1.35 …
- This week, the Middle East conflict will continue to be a key potential directional driver for markets …
- From a data perspective, there are some key inflation updates due in the US and the Eurozone …
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