Good Morning ,
Today's overview of economic news and market action:
- Trading conditions were much calmer across various asset classes yesterday compared to last week …
- Data-wise, a limited release schedule may have contributed to the muted price action …
- On the currency front, the main pairs have been very tightly range bound over the past 24 hours …
- This sees the FX majors open at almost identical levels to yesterday morning …
- EUR/USD is in the bottom half of the $1.15-1.16 corridor …
- GBP/USD is at the $1.31 threshold …
- Meantime, EUR/GBP continues to change hands close to the 88p mark …
- USD/JPY is in the top half of the ¥156-157 trading band …
- Today, the main releases will be US retail sales (Sep) and consumer confidence (Nov) …
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Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2024 |
| EUR/USD |
1.1517 |
|
-0.04 |
11.24 |
| EUR/GBP |
0.8789 |
|
-0.03 |
6.24 |
| GBP/USD |
1.3102 |
|
0.02 |
4.72 |
| GBP/EUR |
1.1374 |
|
0.03 |
-5.87 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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