Good Morning ,

 

Today's overview of economic news and market action:

 

  • Risk averse mood returned to markets yesterday
  • Further rise in energy prices amid the on-going Middle East conflict
  • From a currency perspective, most of the majors confined to narrow ranges over the past 24 hours
  • EUR/USD is straddling the $1.16 threshold, while EUR/GBP is near to, but below, the 87p mark
  • Ahead today, Iran related developments will remain very much in focus
  • There are also some key US data due, including non-farm payrolls for February
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1607   0.13 -1.17
EUR/GBP 0.8686   -0.23 -0.33
GBP/USD 1.336   0.35 -0.84
GBP/EUR 1.1508   0.23 0.33
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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