Good morning, afternoon or evening to all ForexLive traders and welcome to the open of the new foreign exchange week.

As is usual for a Monday morning, interbank market liquidity is very thin until liquidity improves as more Asian centres come on online ... prices are liable to swing around on not too much at all, so take care out there.

Price guide:

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Reminder- Chinese markets open today after being closed all of last week for the lunar new year holiday. And we get Japanese Q4 GDP in a few hours. More on both of these to come.