Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there.
Note that is a New Zealand holiday today, so FX is thinner than its unusually skinny self at this time.
Indicative rates, not a lot changed from late Friday levels:
EUR/USD 1.0800USD/JPY 153.05 – Spiked higher: USD/JPY is above 153 on the Japanese election result – yen plungeGBP/USD 1.2974USD/CHF 0.8679USD/CAD 1.3875AUD/USD 0.6617NZD/USD 0.5981
This article was written by Eamonn Sheridan at www.forexlive.com.
