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Good Morning ,

 

Today's overview of economic news and market action:

  • Investor sentiment was holding a somewhat cautious tone at the start of the week …
  • Currency-wise, the dollar was unable to recoup its losses from before the European open …
  • Meantime, sterling was slightly firmer while the yen was on the defensive …
  • EUR/GBP opens this morning close to the midpoint of the 86-87p trading band …
  • GBP/USD is in the top half of the $1.34-1.35 corridor …
  • Meantime, EUR/USD is close to the halfway point of the $1.16-1.17 range …
  • USD/JPY is changing hands just below the ¥159 threshold, its highest level since July 2024 …
  • Today, the focus is on the release of US CPI inflation for December

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1657   -0.09 -0.75
EUR/GBP 0.8655   -0.33 -0.69
GBP/USD 1.3463   0.25 -0.07
GBP/EUR 1.1548   0.34 0.69
*versus Previous Day's European Open

All rates quoted are indicative market rates.