Good Morning ,
Today's overview of economic news and market action:
- Risk averse mood returned to markets yesterday
- Further rise in energy prices amid the on-going Middle East conflict
- From a currency perspective, most of the majors confined to narrow ranges over the past 24 hours
- EUR/USD is straddling the $1.16 threshold, while EUR/GBP is near to, but below, the 87p mark
- Ahead today, Iran related developments will remain very much in focus
- There are also some key US data due, including non-farm payrolls for February
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1607 |
|
0.13 |
-1.17 |
| EUR/GBP |
0.8686 |
|
-0.23 |
-0.33 |
| GBP/USD |
1.336 |
|
0.35 |
-0.84 |
| GBP/EUR |
1.1508 |
|
0.23 |
0.33 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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