A rather empty calendar day to kick start the new week
Happy Monday, everyone! Hope that you all had a great weekend as we look to get the new week underway. The yen is a little higher in early flows despite Tokyo traders being absent today but overall tones remain rather quiet thus far.
The pound also ran a little higher earlier but has since given back those gains with Boris Johnson is reportedly set to be meeting with Irish prime minister Leo Varadkar some time in the near future. I'm not going to hold my breath for a breakthrough though.
Looking ahead, we're set for a rather slow start to the week so it's all about the ebb and flow today. As such, watch out for changes in risk sentiment if anything else.
0800 GMT - SNB total sight deposits w.e. 9 August
Your weekly check of the deposits kept at the SNB by Swiss banks. This data is a proxy for FX interventions.
That's all for the session ahead. I wish you all the best of days to come and good luck with your trading!
