Good Morning ,

 

Today's overview of economic news and market action:

  • Investor sentiment was holding a slightly positive tone yesterday.
  • Currency-wise, the dollar was under some downward pressure.
  • Elsewhere, sterling was in the ascendancy.
  • This sees EUR/GBP open just below the midpoint of the 87-88p range.
  • Elsewhere, EUR/USD is in the top half of the $1.16-1.17 corridor.
  • GBP/USD is operating up above the $1.33 threshold.
  • USD/JPY has edged slightly lower, but remains in the ¥155-156 band.
  • Today the macro calendar is quite sparse on both sides of the Atlantic.
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1662    0.17 12.64
EUR/GBP 0.8744    -0.56 5.69
GBP/USD 1.3335      0.76 6.59
GBP/EUR 1.1433      0.56 -5.39
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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