September for the FX market is normally a volatile time when traders in the major financial centres return from the summer holidays and start trading in earnest again. It looks like September hasn’t quite begun yet and we have to wait until the upcoming long weekend in the US is over before the real action begins.
Ranges were tight overnight and we can expect something similar in Asia, although it is risk-off Friday so that’s usually good for a flurry or two.
Good luck today and TGIF.
