Good morning/afternoon/evening to all ForexLive participants and welcome to the start of the FX week in sunny New Zealand, and the final day of the month and quarter.
As is usual for a Monday morning, with just the New Zealand market open at this time of the week, market liquidity is very thin and prices are liable to swing around on not too much at all, so take care out there.
Price guide:
- EUR/USD 1.3478
- USD/JPY 97.60
- GBP/USD 1.6114
- USD/CHF 0.9070
- USD/CAD 1.0311
- AUD/USD 0.9303
- NZD/USD 0.8264
Weekend news of relevance:
Italian government on the brink of collapse , and Italian PM Letta to appear before parliament and outline a plan to move forward
UK “Help to Buy” plan to start next week, 3 months earlier than scheduled
US headed for a government shutdown
Austrian elections – early indications have centrist parties scoring 50.9% of the vote
