Monday morning FX market open - early indications 9 July 2018

Good morning, welcome to the start of the new FX week

As usual, market liquidity is super thin and the regular caveats apply - it is very illiquid and prices can move sharply on not very much at all.

Liquidity improves as more Asian centres come on online.

Price guide:

  • EUR/USD 1.1750
  • USD/JPY 110.34
  • GBP/USD 1.3324 … up near half a big fig since late Friday, some positive input for GBP from Brexit developments at the UK Cabinet meeting> as always, plenty of negotiation and haggling yet to come.
  • USD/CHF 0.9890
  • USD/CAD 1.3090
  • AUD/USD 0.7438
  • NZD/USD 0.6836
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