Good Morning ,
Today's overview of economic news and market action:
- Equity markets rebounded yesterday, amid relatively light trading conditions …
- In terms of monetary policy, BoE Governor Bailey remained coy about a rate cut in March …
- Meanwhile, BoJ rate hike expectations softened somewhat …
- Against this backdrop, sterling firmed slightly while the yen was on the defensive …
- This sees EUR/GBP open today back nearer to the 87p mark …
- GBP/USD is operating above the $1.35 threshold …
- USD/JPY is up close to the ¥156 handle …
- Elsewhere, EUR/USD is at the $1.18 threshold …
- Today, the final reading of Eurozone HICP inflation for January is due …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1797 |
|
0.16 |
0.44 |
| EUR/GBP |
0.8721 |
|
-0.14 |
0.07 |
| GBP/USD |
1.3525 |
|
0.27 |
0.39 |
| GBP/EUR |
1.1463 |
|
0.14 |
-0.07 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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