Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

 

  • Concerns over the Middle East conflict were to the fore last week
  • Oil prices came under further upward pressure amid increased military strikes
  • Currency-wise, for most of the majors, the action was less eventful
  • EUR/USD starts the week below $1.16, while EUR/GBP is near the midpoint of 85-86p
  • Ahead this week, the Middle East will remain in focus
  • However, there is also a busy central bank diary, including policy decisions from the Fed and BoE
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1569   -0.30 -1.50
EUR/GBP 0.8565   -0.33 -1.72
GBP/USD 1.3504   0.02 0.23
GBP/EUR 1.1671   0.33 1.75
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
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