Good Morning ,
Today's overview of economic news and market action:
- There was a holding pattern to the market action for much of yesterday …
- From a currency market perspective, the majors have been confined to narrow ranges over the past 24 hours …
- The dollar is marginally firmer over this period …
- EUR/USD has edged back to the midpoint of $1.17-1.18 …
- GBP/USD has moved down nearer to the $1.35 mark …
- Elsewhere, EUR/USD has continued to trade in and around the 87p handle ...
- Looking ahead to today, despite the US/Iran ceasefire being extended, developments regarding the Middle East conflict will remain in focus …
- It remains uncertain if peace talks between both sides will resume …
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