Good Morning ,

 

Today's overview of economic news and market action:

 

  • There was a risk averse tone to investor sentiment yesterday …
  • Oil prices spiked as energy facilities were attacked across the Gulf region …
  • Meantime, the Fed and BoJ left monetary policy unchanged …
  • US futures contracts firmed in the aftermath of the Fed meeting …
  • Against this backdrop, the dollar was in the ascendancy …
  • This sees EUR/USD open today below $1.15 …
  • GBP/USD is below $1.33 …
  • EUR/GBP remains in the bottom half of the 86-87p range …
  • Today, the ECB and BoE are expected to leave rates on hold …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1472   -0.61 -2.31
EUR/GBP 0.8642   0.10 -0.84
GBP/USD 1.3275   -0.73 -1.47
GBP/EUR 1.1568   -0.10 0.84
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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