Hello Reader,

 

Muted FX Market Action

  • Generally cautious tone to market sentiment yesterday...
  • On the currency front the action was muted...
  • Sterling came into the day with some upward momentum...
  • It was aided by news that the trade talks would continue this week...
  • Overall, the main pairs open this morning very similar to 24 hours earlier...
  • EUR/GBP near to 91p and EUR/USD around the midpoint of $1.21-1.22...
  • Ahead today, sterling remains sensitive to trade talk newsflow...

 
 

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Regards,
         
AIB Customer Treasury Services