Good Morning ,
Here’s a quick look at today’s economic news and market activity:
- Investor sentiment was holding a cautious tone throughout yesterday …
- Oil prices remained elevated, with Brent crude staying north of $107 per barrel …
- Elsewhere, long-dated sovereign bond yields continued to rise …
- However, 2-year German Bund yields edged lower, as market rate expectations softened …
- Eurozone market rate expectations softened following remarks from ECB President Lagarde …
- Against this backdrop, the euro was under some marginal downward pressure …
- EUR/USD opens nearer to the midpoint of $1.13-1.14 today …
- EUR/GBP is operating in the top half of the 85-86p band …
- GBP/USD continues to change hands in the lower half of $1.32-1.33 …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1359 |
|
-0.24 |
-3.29 |
| EUR/GBP |
0.858 |
|
-0.17 |
-1.55 |
| GBP/USD |
1.3236 |
|
-0.03 |
-1.76 |
| GBP/EUR |
1.1651 |
|
0.17 |
1.57 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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