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Good Morning ,

 

Today's overview of economic news and market action:

 

  • Upbeat tone to risk appetite yesterday
  • UK Budget was in focus
  • Generally positive market reaction to the event
  • Gilt yields moved lower
  • Sterling is firmer over the past 24 hours
  • EUR/GBP trading near 87.5p and GBP/USD above $1.32
  • Today’s macro diary is fairly quiet with the Thanksgiving market holiday in the US

 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1587   -0.03 11.92
EUR/GBP 0.8751    -0.40 5.78
GBP/USD 1.324     0.38 5.83
GBP/EUR 1.1426     0.40 -5.46
*versus Previous Day's European Open

All rates quoted are indicative market rates.