Some breaking escalation news from Iran:
Not a positive for risk assets.
Its very early here in Asia, barely 7am in New Zealand. What that means for markets is that market liquidity is very thin. It will improve as more Asian centres come on online, but that is many hours away. Prices are liable to swing around on not too much at all, so take care out there.
Little change from late Friday levels, current rate guide:
- EUR/USD 1.1163
- USD/JPY 108.07
- GBP/USD 1.3088
- USD/CHF 0.9718
- USD/CAD 1.2988
- AUD/USD 0.6948
- NZD/USD 0.6658
Be back soon!
