Good Morning ,
Today's overview of economic news and market action:
- Trading conditions were very volatile yesterday, as oil prices surged …
- However, as the day progressed sentiment improved somewhat …
- Sentiment improved further overnight, as US Preside Trump indicated the war could end soon …
- Against this backdrop, Brent crude opened today near $93 per barrel …
- Currency-wise, EUR/USD is near the midpoint of $1.16-1.17 …
- GBP/USD is in the top half of the $1.34-1.35 range …
- EUR/GBP is just below the halfway mark of the 86-87p corridor …
- The focus will remain on the Middle East today, as investors look for signs that the war id drawing to an end …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1645 |
|
0.68 |
-0.85 |
| EUR/GBP |
0.8641 |
|
-0.37 |
-0.85 |
| GBP/USD |
1.3473 |
|
1.06 |
0.00 |
| GBP/EUR |
1.1568 |
|
0.37 |
0.86 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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