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Good Morning ,

 

Today's overview of economic news and market action:

  • Trading conditions were choppy throughout last week …
  • Currency-wise, the euro moved higher across the board last week …
  • In level terms, EUR/USD opens this morning up above the $1.16 threshold …
  • Meanwhile, EUR/GBP is operating in the lower half of the 88-89p trading band …
  • GBP/USD is in the top half of the $1.31-1.32 range …
  • This week, the flash PMIs for the main advanced economies are due …
  • UK CPI inflation will also be in focus …
  • Meantime, scheduled and postponed US data may be released this week …

 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1611   -0.31 12.15
EUR/GBP 0.8815   -0.47 6.55
GBP/USD 1.3169   0.17 5.28
GBP/EUR 1.134   0.48 -6.15
*versus Previous Day's European Open

All rates quoted are indicative market rates.