Good Morning ,
Today's overview of economic news and market action:
- Investor sentiment was holding a somewhat cautious tone at the start of the week …
- Currency-wise, the dollar was unable to recoup its losses from before the European open …
- Meantime, sterling was slightly firmer while the yen was on the defensive …
- EUR/GBP opens this morning close to the midpoint of the 86-87p trading band …
- GBP/USD is in the top half of the $1.34-1.35 corridor …
- Meantime, EUR/USD is close to the halfway point of the $1.16-1.17 range …
- USD/JPY is changing hands just below the ¥159 threshold, its highest level since July 2024 …
- Today, the focus is on the release of US CPI inflation for December
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