Good Morning ,
Today's overview of economic news and market action:
- There was a more cautious tone to investor sentiment yesterday …
- Currency-wise, the dollar remained in the ascendancy …
- Some hawkish Fed remarks and solid US data supported the dollar …
- In level terms, this sees EUR/USD open this morning back at the midpoint of $1.17-1.18 ..
- GBP/USD is operating down at the halfway mark of $1.34-1.35 …
- Meantime, EUR/GBP remains in the lower half of the 87-88p range …
- Later today, the flash PMIs for February are due ...
- The first reading of US GDP for Q4 and core-PCE inflation for December will also feature …
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Today's Opening FX Rates
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|
% Change Day* |
End 2025 |
| EUR/USD |
1.1755 |
|
-0.31 |
0.09 |
| EUR/GBP |
0.8735 |
|
-0.07 |
0.23 |
| GBP/USD |
1.3453 |
|
-0.24 |
-0.15 |
| GBP/EUR |
1.1443 |
|
0.07 |
-0.23 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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