FX market liquidity expected to be less than normal for Monday through to US time
As I mentioned earlier it’s a holiday acros Australia today, so thin Monday morning liquidity conditions will persist a little longer than normal this morning, returning as Tokyo dealers hit the screens.
But, later, there may well be reduced liquidity conditions in the US timezone as a “swath of the U.S. East Coast from Philadelphia to New York City to Maine was bracing for a potentially historic blizzard on Monday”.
- The National Weather Service on Sunday issued a blizzard warning for the northern section of the East Coast from Monday afternoon until Tuesday and placed states from New Jersey to Indiana under winter storm watches and advisories.
More on the storm all over the internet it seems, but here is Reuters take on it: U.S. East Coast braces for ‘historic’ blizzard on Monday
Looks horrible … if you are affected by the storm best of luck and stay warm!