EUR/USD is currently trading near 1.3130, having been as low as 1.3076, after closing in NY on Friday at 1.3145. As always on a Monday morning, it’s stop-loss chasing which is the most likely factor to move the market. EUR/CHF is trading near 1.2070, cable at 1.5815, AUD/USD just below 1.0750 and USD/JPY is 76.60.
Good luck today.
