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Dear Reader,

 

Today's overview of economic news and market action: 

 

  • Investor sentiment was holding a somewhat subdued tone yesterday …
  • On the currency front, the dollar maintained its recent upward momentum …
  • In level terms, this sees EUR/USD start today below the $1.17 handle …
  • GBP/USD is changing hands down in the lower half of the $1.35-1.36 range … 
  • Meantime, USD/JPY in the upper half of ¥146-147 …
  • EUR/GBP remains in the bottom half of 86-87p …
  • Today, the focus will likely be on US trade policy developments once again …

 


 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1681   -0.45 12.83
EUR/GBP 0.8625   0.02 4.25
GBP/USD 1.3539   -0.47 8.22
GBP/EUR 1.159   -0.02 -4.08
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 


 
 
 
Forex & Interest Rate Outlook - July 2025
 
 

Risk appetite improves following significant uncertainty/volatility in the aftermath of “Liberation day” However, there is still limited clarity on the ultimate landing zone for US tariffs. 


 
 
Irish Housing Market Bulletin- June 2025
 
 

As we reach the halfway mark of 2025, the Irish residential property market continues to be defined by a shortfall in supply.