Today there is a big horse race in Australia. The Melbourne Cup.
Its a big social event and while FX markets are not closed there will be reduced liquidity.
So if you feel like being a bit of a rogue in the thin liquidity conditions, today would be a good day.
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I once knew a chap in the market who said Melbourne Cup day is the beginning of holiday time in Australia, which lasts through until January 26. He wasn't kidding.
Anyway, if you are celebrating today, have a good one
