Good Morning ,
Today's overview of economic news and market action:
- Trading conditions were calmer throughout last week compared to the week prior …
- At the same time, US market rate expectations softened somewhat …
- Meanwhile, the markets reacted positively to the UK Budget …
- Currency-wise, the dollar was under pressure while sterling strengthened somewhat …
- This sees EUR/USD open this morning up at the $1.16 threshold …
- GBP/USD is changing hands above the $1.32 handle …
- EUR/GBP is operating in the upper half of the 87-88p corridor …
- USD/JPY is near the midpoint of the ¥155-156 range …
- This week, a busy data calendar in the US includes the September reading of core-PCE inflation …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.1607 |
|
0.18 |
12.11 |
| EUR/GBP |
0.8776 |
|
0.27 |
6.08 |
| GBP/USD |
1.3222 |
|
-0.08 |
5.68 |
| GBP/EUR |
1.1389 |
|
-0.27 |
-5.73 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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