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Good Morning ,

 

Here’s a quick look at today’s economic news and market activity:

  • The mixed mood on markets persisted yesterday …
  • Brent crude prices moved slightly higher, rising by circa 2% to around $74 per barrel …
  • US GDP was revised higher to 2.1% annualised in Q1 …
  • The dollar remained in the ascendancy in the early part of the day yesterday, but later handed back its gains …
  • EUR/USD opens today in the top half of $1.13-1.14 …
  • GBP/USD is operating at the $1.32 threshold …
  • EUR/GBP is down in the lower half of the 86-87p corridor …
  • Turning to the day ahead, a sparse macro calendar is sparse on both sides of the Atlantic …
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1375   0.07 -3.15
EUR/GBP 0.8618   -0.03 -1.11
GBP/USD 1.3197   0.13 -2.05
GBP/EUR 1.16   0.03 1.13
*versus Previous Day's European Open

All rates quoted are indicative market rates.