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Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

  • Investor sentiment continued to be influenced by developments in the Middle East last week …
  • Data wise, the US labour market report stronger than anticipated in May …
  • The main FX pairs continued to operate in relatively narrow ranges …
  • A re-escalation of Middle Eastern conflict saw EUR/USD back in the lower half of $1.15-1.16 …
  • GBP/USD is down in the bottom half of $1.33-1.34 …
  • EUR/GBP is changing hands near the midpoint of 86-87p …
  • Looking ahead, the focus will be on the ECB policy meeting …

 
 
AIB Market Talk - The Irish Economic Outlook: Resilience in Uncertain Times
 
 
  • Ireland's outlook for 2026
  • Geopolitical risks and energy pressures 
  • Inflation, growth and consumer behaviour

 
 
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1523   -0.79 -1.89
EUR/GBP 0.8643   -0.07 -0.83
GBP/USD 1.3328   -0.74 -1.08
GBP/EUR 1.1564   0.07 0.83
*versus Previous Day's European Open

All rates quoted are indicative market rates.