Good Morning ,
Today's overview of economic news and market action:
- Equity markets continued to move higher on both sides of the Atlantic yesterday …
- Currency-wise, the main FX pairs remained largely range bound …
- Sterling was holding a firmer tone but it has since moved off its peak …
- Elsewhere, the yen remains on the defensive …
- EUR/GBP opens this morning in the lower half of the 87-88p range once again ...
- GBP/USD is in the bottom half of the $1.35-1.36 corridor …
- Meantime, EUR/USD remains in and around the $1.18 handle …
- USD/JPY is changing hands above the ¥156 mark …
- Today, the Eurozone EC sentiment indices (Feb) are the highlight …
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Today's Opening FX Rates
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|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1806 |
|
0.06 |
0.52 |
| EUR/GBP |
0.8722 |
|
-0.05 |
0.08 |
| GBP/USD |
1.3533 |
|
0.10 |
0.45 |
| GBP/EUR |
1.1462 |
|
0.05 |
-0.07 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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