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Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

  • There was a more risk averse mood on Wall Street yesterday compared to last week ...
  • Brent crude is up at $85 p/b after the accumulation of ‘escalatory’ developments ...
  • However, exchanges between the majors remained generally uneventful yesterday ...
  • EUR/USD continues to straddle the $1.14 handle ...
  • EUR/GBP remains pinned at the lower end of the 85-86p trading band ...
  • GBP/USD has continued to trade in the upper half of $1.33-1.34 ...
  • Today’s main release will be the US CPI inflation numbers for June ...
  • While Kevin Warsh gives his first semi-annual Congressional testimony ...
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.139   -0.11 -3.02
EUR/GBP 0.8524   0.06 -2.19
GBP/USD 1.3359   -0.19 -0.85
GBP/EUR 1.1727   -0.06 2.24
*versus Previous Day's European Open

All rates quoted are indicative market rates.