Dear Reader,
Today's overview of economic news and market action
- A limited data schedule contributed to a relatively quiet day on markets yesterday …
- Currency-wise, the dollar was under some downward pressure …
- This is reflected by EUR/USD opening today north of the $1.05 threshold …
- GBP/USD is changing hands in the top half of $1.26-1.27 …
- EUR/GBP remains just below the 83p mark …
- Today, political developments in France will once again be in focus …
- Remarks from Fed Chair Powell, ECB President Lagarde and BoE Governor Bailey are also due …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2023 |
| EUR/USD |
1.0516 |
|
0.25 |
-4.71 |
| EUR/GBP |
0.8284 |
|
-0.11 |
-4.43 |
| GBP/USD |
1.2688 |
|
0.34 |
-0.32 |
| GBP/EUR |
1.2063 |
|
0.11 |
4.64 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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