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Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

 

  • Investor sentiment continued to hold a risk averse tone at the start of this week …
  • Oil prices remained elevated, with Brent crude staying well north of $100 per barrel …
  • Elsewhere, sovereign bond yields continued to move higher …
  • Currency-wise, the dollar was slightly firmer and the yen was on the defensive …
  • This sees EUR/USD open this morning back in the lower half of the $1.15-1.16 band …
  • GBP/USD is down below the $1.35 threshold …
  • EUR/GBP is changing hands in the top half of the 85-86p corridor …
  • Today’s macro calendar is relatively sparse …
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1527   -0.32 -1.86
EUR/GBP 0.8561   -0.02 -1.77
GBP/USD 1.3464   -0.28 -0.07
GBP/EUR 1.1676   0.02 1.80
*versus Previous Day's European Open

All rates quoted are indicative market rates.