Good Morning ,
Today's overview of economic news and market action:
- Despite choppy trading conditions at times, equity markets moved higher last week …
- US rate expectations firmed modestly following the release of the US labour market report …
- The main FX pairs were somewhat volatile last week …
- However, the action was contained within narrow trading bands ...
- Overall, the dollar was slightly firmer. The greenback has started this week on the defensive though …
- As the European session gets underway, EUR/USD opens in the top half of $1.16-1.17 ...
- EUR/GBP is changing hands near to the 87p handle …
- GBP/USD is operating close to the midpoint of $1.34-1.35 …
- This week, the main release of note will be US CPI inflation for December …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1681 |
|
0.27 |
-0.54 |
| EUR/GBP |
0.8686 |
|
0.15 |
-0.33 |
| GBP/USD |
1.3444 |
|
0.12 |
-0.22 |
| GBP/EUR |
1.1507 |
|
-0.15 |
0.33 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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