Good Morning ,

 

Today's overview of economic news and market action:

 

  • There was a more cautious tone to investor sentiment yesterday …
  • Currency-wise, the dollar remained in the ascendancy …
  • Some hawkish Fed remarks and solid US data supported the dollar …
  • In level terms, this sees EUR/USD open this morning back at the midpoint of $1.17-1.18 ..
  • GBP/USD is operating down at the halfway mark of $1.34-1.35 …
  • Meantime, EUR/GBP remains in the lower half of the 87-88p range …
  • Later today, the flash PMIs for February are due ...
  • The first reading of US GDP for Q4 and core-PCE inflation for December will also feature …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1755   -0.31 0.09
EUR/GBP 0.8735   -0.07 0.23
GBP/USD 1.3453   -0.24 -0.15
GBP/EUR 1.1443   0.07 -0.23
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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