Good Morning ,

 

Today's overview of economic news and market action:

  • It was relatively quiet across financial markets last week.
  • Overall, there was a positive tone to risk appetite.
  • Currency-wise, the main pairs operated within narrow trading ranges last week.
  • EUR/GBP opens just below the halfway mark of the 87-88p corridor.
  • EUR/USD is changing hands near the midpoint of $1.16-1.17.
  • Elsewhere, GBP/USD is above the $1.33 threshold.
  • This week, the main focus will be on the Fed FOMC meeting.
 
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Today's Opening FX Rates
 
      % Change Day* End 2024
EUR/USD 1.1656    -0.03 12.59
EUR/GBP 0.8745      0.13 5.71
GBP/USD 1.3329     -0.10 6.54
GBP/EUR 1.1434     -0.13 -5.40
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 

 
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