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Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

 

  • Trading conditions were volatile throughout last week …
  • Wholesale energy prices fell, but concerns regarding the AI boom intensified …
  • This led to a sharp fall in tech-stocks and a softening in market interest rate expectations …
  • However, FX markets remained range bound …
  • EUR/USD, EUR/GBP and GBP/USD open today at almost identical levels to las Monday …
  • Looking ahead, US CPI inflation will be the main release this week …
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1171   -0.21 -4.89
EUR/GBP 0.8342   0.05 -4.28
GBP/USD 1.3390   -0.25 -0.62
GBP/EUR 1.1984   -0.05 4.47
*versus Previous Day's European Open

All rates quoted are indicative market rates.