Good Morning ,

 

Today's overview of economic news and market action:

 

  • More cautious tone to investor sentiment yesterday
  • Currency-wise, most of the majors were confined to narrow ranges
  • Sterling is modestly weaker over the past 24 hours
  • EUR/GBP opens this am in the upper half of 87-88p, while GBP/USD is below $1.35
  • Elsewhere, EUR/USD remains in and around $1.18
  • Today’s data includes German HICP (Feb) and US PPI (Jan)
 
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Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1801   -0.15 0.48
EUR/GBP 0.8761   0.52 0.53
GBP/USD 1.3468   -0.67 -0.04
GBP/EUR 1.141   -0.51 -0.53
*versus Previous Day's European Open

All rates quoted are indicative market rates.

 

 
 
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