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Good Morning ,

 

Today's overview of economic news and market action:

  • The risk averse tone to investor sentiment continued yesterday …
  • On the data front, the macro calendar remained rather sparse …
  • Currency-wise, the dollar was on the defensive …
  • Elsewhere, the euro has been in the ascendancy over the past 24 hours …
  • This sees EUR/USD open this morning above the $1.17 threshold …
  • GBP/USD is changing hands in the lower half of the $1.34-1.35 corridor …
  • Meanwhile, EUR/GBP is trading north of the 87p mark …
  • USD/JPY is operating in and around the ¥158 handle …
  • Today, the focus will remain on EU-US tensions, with President Trump set to arrive at Davos …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1718   0.48 -0.23
EUR/GBP 0.8719   0.51 0.05
GBP/USD 1.3436   -0.02 -0.27
GBP/EUR 1.1465   -0.50 -0.05
*versus Previous Day's European Open

All rates quoted are indicative market rates.