Dear Reader,

 

Today's overview of economic news and market action

  • Sparse macro diary to start the week yesterday
  • Positive tone to investor sentiment carried over from last week
  • Minimal movement to main sovereign yields
  • Currency-wise, the dollar remained on the defensive
  • EUR/USD reached new YTD high of $1.1087
  • Another quiet macro calendar ahead today
 
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Today's Opening FX Rates
 
      % Change Day* End 2023
EUR/USD 1.1076   0.34 0.36
EUR/GBP 0.8529   0.11 -1.60
GBP/USD 1.2985   0.27 2.01
GBP/EUR 1.1722   -0.11 1.63
*versus Previous Day's European Open

All rates quoted are indicative market rates.