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Good Morning ,

 

Today's overview of economic news and market action:

  • Generally uneventful start to November on markets yesterday
  • Amid quiet macro diary
  • Main FX pairs confined to narrow ranges over the past 24 hours
  • Dollar continues to hold the upper hand versus the euro and sterling
  • EUR/USD remains pinned down in the lower half of $1.15-1.16
  • Meanwhile, EUR/GBP continues in a tight range just below 88p
  • Today’s macro schedule is quiet on both sides of the Atlantic

 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1525   -0.08 11.32
EUR/GBP 0.8778   0.03 6.10
GBP/USD 1.3121   -0.14 4.88
GBP/EUR 1.1385   -0.03 -5.75
*versus Previous Day's European Open

All rates quoted are indicative market rates.