Good Morning ,

 

Today's overview of economic news and market action:

 

  • Investors were focused on the war in the Middle East last week …
  • Oil prices have surged, especially at the open today …
  • Against this backdrop, inflation concerns have re-emerged …
  • Interest rate futures have hardened markedly as a result …
  • Currency-wise, the dollar is in the ascendancy …
  • EUR/USD is back at the midpoint of $1.15-1.16 …
  • GBP/USD is in the lower half of $1.33-1.34 …
  • EUR/GBP is operating in the top half of the 86-87p range …
  • The focus will remain on the conflict in the Middle East this week …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1553   -0.45 -1.63
EUR/GBP 0.8671   -0.20 -0.50
GBP/USD 1.3319   -0.26 -1.14
GBP/EUR 1.1527   0.20 0.51
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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