Good Morning ,
Today's overview of economic news and market action:
- The risk-off mode on markets gathered momentum yesterday …
- On the currency front, the main FX pairs remained range bound …
- Of the limited moves to note the dollar was holding a slightly firmer tone …
- Meanwhile, the yen remained under some downward pressure …
- In level terms, EUR/USD is in the top half of $1.15-1.16 …
- Meantime, EUR/GBP remains above the 88p mark …
- GBP/USD is in the lower half of $1.31-1.32 …
- EUR/JPY is changing hands north of the ¥180 handle …
- The Fed meeting minutes are due after the European close …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.1584 |
|
-0.10 |
11.89 |
| EUR/GBP |
0.8816 |
|
0.07 |
6.56 |
| GBP/USD |
1.3137 |
|
-0.17 |
5.00 |
| GBP/EUR |
1.1339 |
|
-0.07 |
-6.16 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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