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Good Morning ,

 

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

 

  • There was a mixed mood on markets yesterday …
  • US Rate expectations firmed following a hotter than anticipated US CPI report …
  • UK and Eurozone interest rate futures also hardened somewhat …
  • On the currency front, the dollar gained the ascendancy  …
  • This sees EUR/USD open today back at the midpoint of $1.11-1.12 …
  • GBP/USD is in the lower half of $1.33-1.34 …
  • EUR/GBP is in the top half of 83-84p …
  • The macro data calendar is sparse today …
 
Today's Opening FX Rates
 
      % Change Day* End 2025
EUR/USD 1.1155   -0.60 -5.02
EUR/GBP 0.8365   0.22 -4.02
GBP/USD 1.3332   -0.84 -1.05
GBP/EUR 1.195   -0.22 4.18
*versus Previous Day's European Open

All rates quoted are indicative market rates.