Good Morning ,

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

• There was a mixed mood on markets yesterday …
• Main FX pairs were tightly range bound …
• The dollar remained under modest downward pressure, but managed to recoup its losses …
• EUR/USD opens today at the midpoint of $1.15-1.16 …
• GBP/USD is changing hands in the top half of the $1.33-1.34 band …
• EUR/GBP remains in the lower half of 86-87p …
• Today, the US CPI inflation for May will be released, while focus remains on the Middle EAST …

All rates quoted are indicative market rates.