Dear Reader,
Today's overview of economic news and market action
- Muted tone to investor sentiment persisted yesterday
- Against backdrop of a quiet macro calendar
- Currency-wise, sterling was on the rise
- GBP/USD registered a new YTD high at $1.326
- EUR/GBP traded down into the lower half of 84-85p
- EUR/USD edged lower, below midpoint of $1.11-1.12
- Today’s macro data diary is quiet, with few highlights
Continue Reading
|
|
|
|
Today's Opening FX Rates
| |
|
|
% Change Day* |
End 2023 |
| EUR/USD |
1.1138 |
|
-0.27 |
0.92 |
| EUR/GBP |
0.8426 |
|
-0.46 |
-2.79 |
| GBP/USD |
1.3219 |
|
0.20 |
3.85 |
| GBP/EUR |
1.1866 |
|
0.46 |
2.87 |
| *versus Previous Day's European Open |
All rates quoted are indicative market rates.
|
|
|
|
Irish Economy Watch - August 2024
House prices continue to trend sharply higher. They were up 8.6% YoY in June. Consumer prices rose by 0.2% in July, amid further increases in transport and hospitality costs. Revisions to the data show the unemployment rate averaged 4.4% in Q2’24 up from 4.3% in Q1’24. The preliminary reading indicates GDP expanded by 1.2% in Q2’24, but it remained 1.4% lower in YoY terms.
Read More
|
|
|
|
|
|
|
