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Dear Reader,

 

Today's overview of economic news and market action

 

  • Mildly positive tone to risk appetite yesterday
  • Currency-wise, the dollar was marginally softer
  • At the same time, the euro posted some modest gains
  • EUR/USD opens this morning up near $1.03
  • EUR/GBP has regained the 84p threshold
  • Today’s main macro highlight is US CPI inflation (Dec)

 
Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.0294   0.49 -0.57
EUR/GBP 0.8438   0.54 1.99
GBP/USD 1.2195   -0.05 -2.53
GBP/EUR 1.1846   -0.53 -1.96
*versus Previous Day's European Open

All rates quoted are indicative market rates.