Dear Reader,

 

Today's overview of economic news and market action: 

 

  • There was a cautious mode on markets yesterday …
  • On the currency front, the dollar was in the ascendancy once again …
  • Meantime, the euro registered some slight gains ….
  • In contrast, the yen was under some downward pressure …
  • This sees EUR/USD open today in the lower half of $1.14-1.15 …
  • EUR/GBP is at the midpoint of 86-87p …
  • USD/JPY is changing hands up at the halfway mark of ¥150-1.51 …
  • Today, the main release of note will be the US labour market report for July …   
 
Continue Reading
 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1437   0.03 10.47
EUR/GBP 0.8655    0.45  4.62
GBP/USD 1.3211   -0.43  5.50
GBP/EUR 1.155    -0.45 -4.41
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
 
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