Dear Reader,
Today's overview of economic news and market action:
- There was a positive tone to sentiment throughout he European session yesterday …
- However, risk appetite soured amid US tariff related newsflow overnight …
- Data-wise, the macro calendar was quite light yesterday …
- Against this backdrop, the main FX pairs operated in narrow trading ranges …
- As trading gets underway this morning, GBP/USD is in the top half of $1.26-1.27 ...
- Meantime, EUR/GBP is in the upper half of 82-83p …
- Elsewhere, EUR/USD remains in the $1.04-1.05 corridor …
- Today, there is a much busier look to the release schedule …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.0476 |
|
-0.13 |
1.19 |
| EUR/GBP |
0.8269 |
|
-0.39 |
-0.05 |
| GBP/USD |
1.2665 |
|
0.22 |
1.23 |
| GBP/EUR |
1.2088 |
|
0.39 |
0.05 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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