Dear Reader,

 

Today's overview of economic news and market action

 

  • Equity markets maintained their recent momentum yesterday …
  • Currency-wise, the main pairs were largely range bound …
  • As trading gets underway this morning in the bottom half of $1305-1.06 …
  • GBP/USD is changing hands above the $1.27 mark …
  • EUR/GBP remains below the 83p mark …
  • Today’s data calendar is relatively sparse …
 
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Today's Opening FX Rates
 
      % Change Day* End 2023
EUR/USD 1.0534   0.19 -4.55
EUR/GBP 0.8276   -0.08 -4.52
GBP/USD 1.2722   0.27 -0.05
GBP/EUR 1.2076   0.08 4.74
*versus Previous Day's European Open

All rates quoted are indicative market rates.