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Good Morning ,

 

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

 

  • There was a mixed mood on markets yesterday …
  • A rise in oil prices and French fiscal/political concerns were in focus …
  • On the currency front, the main pairs were largely range bound …
  • Of the muted price action to note, the euro was on the defensive …
  • At the same time, there was a slightly firmer tone to sterling …
  • This sees EUR/USD open today in the lower half of $1.12-1.13 …
  • GBP/USD is up at the midpoint of $1.33-1.34 …
  • EUR/GBP is back nearer the 84p threshold …
  • The macro data calendar is sparse today ..
  • Developments in France , the Middle East and AI related news will be in focus …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1229   -0.00 -4.39
EUR/GBP 0.8409   -0.19 -3.51
GBP/USD 1.3352   0.19 -0.90
GBP/EUR 1.1889   0.19 3.64
*versus Previous Day's European Open

All rates quoted are indicative market rates.