Good Morning ,
Today's overview of economic news and market action:
- Investor sentiment was holding a cautious tone throughout last week, amid choppy trading conditions …
- On currency markets, the dollar was under pressure …
- Meantime, the yen was on the defensive also throughout last week …
- However, the yen strengthened markedly at the end of last week & at the start of this week, amid potential market intervention from authorities …
- This sees USD/JPY open today back in the lower region of ¥154-155 …
- EUR/USD is operating up at the midpoint of $1.18-1.19 …
- GBP/USD is above the halfway mark of $1.36-1.37 …
- EUR/GBP remains in the top half of 86-87p …
- This week, the main focus is the US Fed policy meeting …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2025 |
| EUR/USD |
1.1851 |
|
0.86 |
0.90 |
| EUR/GBP |
0.8675 |
|
-0.32 |
-0.46 |
| GBP/USD |
1.3656 |
|
1.19 |
1.36 |
| GBP/EUR |
1.152 |
|
0.32 |
0.46 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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