Dear Reader,

 

Today's overview of economic news and market action: 

  • Eventful trading conditions amongst the FX majors last week
  • Dollar was holding the upper hand for much of the week
  • However, it lost momentum heading into the weekend amid US/China trade tensions
  • EUR/USD starts this week above $1.16.
  • Elsewhere, EUR/GBP is straddling the 87p mark
  • Quiet macro diary ahead today
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1623   0.43 12.27
EUR/GBP 0.8702   0.09 5.19
GBP/USD 1.3354   0.35 6.74
GBP/EUR 1.1487   -0.09 -4.93
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
 
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More Economic News
 
Irish Economic Update - Budget 2026
 
 

The budget, the first of the current Government, contained a package of measures totalling €9.4bn. The Government is providing an additional €8.1bn in spending increases and €1.3bn in tax cuts for next year.
 
Read More