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Good Morning ,

 

Today's overview of economic news and market action:

 

  • Oil prices remained relatively steady once again yesterday, albeit they rose overnight …
  • Elsewhere, benchmark equity indices moved higher on both sides of the Atlantic …
  • Meantime, bond yields moved lower across the board …
  • Against this backdrop, trading conditions on FX markets were relatively calm …
  • EUR/USD opens this morning back at the midpoint of $1.15-1.16 …
  • GBP/USD is at the halfway mark of $1.33-1.34 …
  • EUR/GBP remains in and around the heart of the 8687p corridor …
  • Today, the focus will remain on developments in the Middle East …
  • Investors will be looking for signs of progress in talks between the US & Iran …

 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1554   -0.32 -1.63
EUR/GBP 0.8651   -0.15 -0.73
GBP/USD 1.3351   -0.17 -0.91
GBP/EUR 1.1553   0.15    0.74
*versus Previous Day's European Open

All rates quoted are indicative market rates.