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.
It’ll be ‘thinner for longer’ here this morning with Australian markets closed for a holiday.
Indicative rates:
EUR/USD 1.0790 … A touch lower than late Friday following French election news over the weekend:
French President Emmanuel
Macron has called an election for later this month
He did so after afterr Marine Le Pen’s far-right National Rally party polled strongly in the European Union vote. If Le Pen’s party wins a parliamentary
majority, Macron would be left without a say in domestic
affairs. USD/JPY 156.73GBP/USD 1.2721USD/CHF 0.8959USD/CAD 1.3755AUD/USD 0.6587NZD/USD 0.6108
How did we get here?
Forexlive Americas FX news wrap 7 Jun”: US adds 272K new jobs but unemployment rate rises
This article was written by Eamonn Sheridan at www.forexlive.com.