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. Of course, its even more precarious than usual with all the holidays around the pace. It’ll be another patchy holiday week to come. Liquidity and interest is going to remain thin. It’ll pick up a little from January 2 and 3 but will approach normal from the 6th.
Guide , little change from late Friday:
- EUR/USD 1.0424
- USD/JPY 157.76
- GBP/USD 1.2582
- USD/CHF 0.9013
- USD/CAD 1.4415
- AUD/USD 0.6215
- NZD/USD 0.5628
This article was written by Eamonn Sheridan at www.forexlive.com.
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