Dear Reader,
Today's overview of economic news and market action
- Trading conditions remained relatively calm yesterday …
- Overnight, the Fed FOMC meeting minutes struck a dovish tone ..
- Currency-wise, both EUR/USD and GBP/USD registered fresh YTD highs …
- EUR/USD opens this morning at the midpoint of $1.11-1.12 …
- GBP/USD is operating just below the $1.31 threshold …
- EUR/GBP is in the bottom half of the 85-86p range …
- Today, the main releases of note will be the flash PMIs in the Eurozone, UK & US …
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Today's Opening FX Rates
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% Change Day* |
End 2023 |
| EUR/USD |
1.1147 |
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0.25 |
1.01 |
| EUR/GBP |
0.8511 |
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-0.27 |
-1.81 |
| GBP/USD |
1.3093 |
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0.51 |
2.86 |
| GBP/EUR |
1.1745 |
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0.27 |
1.84 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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