Welcome all to the beginning of the new forex week, here is a guide to indicative early currency rates
But first, the usual Monday morning caveat, market liquidity is very thin
- Prices can swing around on not too much at all, so take care.
- Liquidity improves as more Asian centres come on online.
Price guide:
- EUR/USD 1.1550
- USD/JPY 112.24
- GBP/USD 1.3091, a little lower from late Friday (Brexit talks have been 'paused' until Wednesday, EU sources cited on the story)
- USD/CHF 0.9897
- USD/CAD 1.3019
- AUD/USD 0.7107
- NZD/USD 0.6509
Here is the Brexit story via Reuters:
Britain and EU pause Brexit talks until Wednesday summit: sources
- British and EU negotiators called a pause in their talks
- will wait for the outcome of a summit mid-week before any resumption, four EU sources told Reuters.
I'll be back with more a little later
