Dear Reader,
Today's overview of economic news and market action
- It was a relatively quiet day on financial markets yesterday …
- A sparse data schedule likely contributed to the muted action …
- Against that backdrop, equity markets rebounded somewhat …
- Currency-wise, the main pairs operated in very tight ranges …
- EUR/USD opens today nearer to the $1.04 threshold …
- EUR/GBP is changing hands in the top half of the 83-84p band …
- GBP/USD remains in and around the midpoint of $1.24-1.25 ...
- Today, the main focus will be the first US Fed FOMC meeting of the year …
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Today's Opening FX Rates
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% Change Day* |
End 2024 |
| EUR/USD |
1.0431 |
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-0.05 |
0.75 |
| EUR/GBP |
0.8371 |
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-0.13 |
1.18 |
| GBP/USD |
1.2454 |
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0.10 |
-0.46 |
| GBP/EUR |
1.1936 |
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0.13 |
-1.17 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
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