Good Morning ,

 

Today's overview of economic news and market action:

 

  • Investor sentiment was holding a risk averse tone for the majority of yesterday …
  • However, investor sentiment improved overnight, as the US and Iran agreed a conditional ceasefire …
  • Following the announcement of the ceasefire, oil prices tumbled ...
  • Against this backdrop, the dollar was on the defensive …
  • This sees EUR/USD open today up at $1.17 …
  • GBP/USD is in the bottom half of the $1.34-1.35 band …
  • USD/JPY is down at the ¥158 handle …
  • Elsewhere, EUR/GBP remains just above the 87p mark …
  • Today, investors will be looking to see if the ceasefire holds and if the Strait of Hormuz has re-opened …
 
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New Episode: Risks, Resilience and the Road Ahead in the Agriculture & Food Manufacturing sector
Listen to AIB's Market Talk Podcast for the latest market insights
 
 

Join Jane Kavanagh from AIB’s Corporate Treasury desk, AIB Chief Economist David McNamara, Donal Whelton, Head of Agriculture & Food Manufacturing with AIB Business Banking, and Patrick Higgins, Head of Consumer Research, Food & Beverage at Goodbody, for this edition of AIB Market Talk focusing on Ireland’s agriculture and food manufacturing sector.
 
Listen here
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1702   1.43 -0.37
EUR/GBP 0.8707   -0.13 -0.09
GBP/USD 1.3433   1.51 -0.30
GBP/EUR 1.1477   0.13 0.09
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
 
View Rates