Dear Reader,

 

Today's overview of economic news and market action

 

  • Positive tone to risk appetite last week
  • Bond markets were closely following French politics
  • Currency-wise, the main pairs were confined to narrow ranges
  • EUR/USD starts this week near the midpoint of $1.05-1.06
  • EUR/GBP remains below 83p
  • Key calendar highlights this week include ECB meeting and US CPI inflation
 
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Today's Opening FX Rates
 
      % Change Day* End 2023
EUR/USD 1.0541   -0.27 -4.49
EUR/GBP 0.828   -0.16 -4.48
GBP/USD 1.2726   -0.13 -0.02
GBP/EUR 1.2071   0.16 4.69
*versus Previous Day's European Open

All rates quoted are indicative market rates.