Dear Reader,
Today's overview of economic news and market action
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- There was a mixed mood on markets at the start of 2025 …
- Currency-wise, the dollar started the year firmly in the ascendancy …
- However, on Friday the greenback handed back some of its gains …
- At the same time, a more pronounced firming in EZ rates supported the euro …
- EUR/USD opens this morning up above the $1.03 threshold …
- GBP/USD is operating up near the midpoint of the $1.24-1.25 range …
- EUR/GBP is changing hands in the top half of the 82-83p corridor …
- This week, the main release of note will be the US labour market report for December …
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Today's Opening FX Rates
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% Change Day* |
End 2024 |
| EUR/USD |
1.0313 |
|
0.41 |
-0.39 |
| EUR/GBP |
0.8285 |
|
0.00 |
0.15 |
| GBP/USD |
1.2442 |
|
0.40 |
-0.55 |
| GBP/EUR |
1.2062 |
|
0.00 |
-0.14 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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