Good morning, afternoon, or evening depending on where you are on the globe
Welcome to the beginning of the new FX week, which will be somewhat curtailed by holidays in Japan (Monday), nearly everywhere on Thursday and many centres again on Friday.
But, as of right now, only the New Zealand market is open, and so market liquidity is super thin compared to most other times of the trading week. This is normally the case on a Monday morning, so nothing new, but I would caution extra care with many market players already having wound down for the holiday break.
Here’s the early price guide so we can see what the Kiwis are up to, liking the AUD a little this early morning!
Again, the usual caveats apply – it is relatively illiquid and prices can move sharply on not very much at all.
