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Good Morning ,

 

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

 

  • Monetary policy very much in focus for markets yesterday
  • Investors had Wednesday evening’s Fed rate hike to digest
  • As well as yesterday’s ‘hold’ from the BoE and the overnight BoJ hike
  • From currency viewpoint, EUR/USD remains below $1.15 and EUR/GBP is near to, but below 86p
  • Some post-BoJ yen’s weakness evident in USD/JPY above ¥157
  • Today’s macro diary is relatively quiet heading into the weekend

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.148   0.13 -2.26
EUR/GBP 0.8585   0.21 -1.49
GBP/USD 1.3366   -0.10 -0.79
GBP/EUR 1.1642   -0.21 1.51
*versus Previous Day's European Open

All rates quoted are indicative market rates.