Dear Reader,
Today's overview of economic news and market action
- The generally quiet start to the week on financial markets continued yesterday ..
- This was against the backdrop of a very sparse data schedule …
- Currency-wise, the dollar remained under some downward pressure yesterday …
- This saw EUR/USD and GBP/USD register fresh YTD highs, while USD/JPY moved lower …
- As trading gets underway this morning, EUR/USD remains above the $1.11 threshold …
- GBP/USD is operating in the lower half of the $1.30-1.31 range …
- EUR/GBP is in the bottom half of the 85-86p corridor …
- USD/JPY is changing hands back near the midpoint of ¥145-146 …
- Today, the main release will be the Fed FOMC meeting minutes …
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Today's Opening FX Rates
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% Change Day* |
End 2023 |
| EUR/USD |
1.1118 |
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0.37 |
0.74 |
| EUR/GBP |
0.8537 |
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0.04 |
-1.51 |
| GBP/USD |
1.3017 |
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0.29 |
2.26 |
| GBP/EUR |
1.1707 |
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-0.04 |
1.53 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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