Good morning, afternoon or evening to all ForexLive participants and welcome to the start of the new FX week. I hope you have had a great weekend – we need all the rest we can get in these volatile times.

As is usual for a Monday morning, interbank market liquidity is very thin until liquidity improves as more Asian centres come on online. It’s a holiday in Australia today so relatively illiquid conditions will persist a little longer than is usual for a Monday. Take care … prices are liable to swing around on not too much at all.

Price guide:

mon 26 January 2015

Along with lower euro, CAD, AUD and NZD off in the early going also.