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Dear Reader,

 

Today's overview of economic news and market action

 

  • There was a mixed mood to start the week on financial markets …
  • Political turmoil in France and remarks from central bankers were in focus …
  • Against this backdrop, the euro was under some downward pressure …
  • Meantime, the dollar was in the ascendancy …
  • However, the dollar’s gains were halted by a softening in US futures contracts …
  • EUR/USD opens today below $1.05 …
  • EUR/GBP is just below the 83p threshold …
  • GBP/USD is near the midpoint of $1.26-1.27 …
  • US JOLTS job openings data (Oct) are the main highlight today …

 
Today's Opening FX Rates
 
      % Change Day* End 2023
EUR/USD 1.0487   -0.32 -4.97
EUR/GBP 0.829   -0.01 -4.36
GBP/USD 1.2646   -0.32 -0.65
GBP/EUR 1.2056   0.01 4.56
*versus Previous Day's European Open

All rates quoted are indicative market rates.