Good Morning ,

 

Today's overview of economic news and market action:

 

  • Data releases, monetary policy related newsflow, geopolitical tensions and US trade policy impacted sentiment last week …
  • However, amid all the noise, equity markets moved higher on both sides of the Atlantic …
  • Meanwhile, the dollar was in the ascendancy but it handed back most of its gains on Friday …
  • This sees EUR/USD open this morning In the lower half of $1.18-1.19 …
  • GBP/USD is up above the $1.35 threshold …
  • EUR/GBP remains above the 87p mark …
  • The data calendar is much quieter this week …
  • Against this backdrop, US trade policy changes and US-Iran talks will remain in focus …
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1828   0.63 0.71
EUR/GBP 0.874   -0.01 0.29
GBP/USD 1.3527   0.62 0.40
GBP/EUR 1.1434   0.01 -0.29
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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