Monday opening FX rates – 09.07.2018

Monday morning market liquidity is very thin. Prices can swing around on not too much at all, so take care out there. Liquidity improves as more Asian centres come online, USD strength apparent.

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

Chart: Used with permission of Bloomberg Finance L.P.

 Trader Aleksandar Kumanov

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