Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Initially there was a risk averse mood on markets yesterday …
- Risk appetite improved amid reports that a peace deal between the US & Iran had been agreed …
- Against this backdrop, oil prices fell and the dollar came under pressure …
- In level terms, EUR/USD is up at the midpoint of the $1.16-1.17 band …
- GBP/USD is operating down in the lower half of $1.34-1.35 …
- EUR/GBP is trading in the upper half of the 86-87p range …
- Today, developments in the Middle East will be in focus …
- Flash HICP readings for May in some of the large Eurozone economies are also due …
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