Good Morning ,
Today's overview of economic news and market action:
- Overall, investor sentiment has been holding a cautious tone over the past 24 hours …
- Currency-wise, sterling was on the defensive amid a softening in UK rate expectations …
- However, the pound recouped most of its losses as the day progressed …
- Meantime, the dollar remained in the ascendancy and the yen stayed on the defensive …
- As trading gets underway today, EUR/USD opens just below $1.16 …
- EUR/GBP is near the 87p handle …
- GBP/USD is at the midpoint of $1.33-1.34 …
- USD/JPY is at the halfway mark of ¥152-153 …
- Today, Eurozone flash consumer confidence is due …
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Today's Opening FX Rates
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|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.1597 |
|
-0.09 |
12.02 |
| EUR/GBP |
0.8686 |
|
0.13 |
4.99 |
| GBP/USD |
1.3348 |
|
-0.22 |
6.69 |
| GBP/EUR |
1.1507 |
|
-0.13 |
-4.75 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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