As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there.
Indicative rates, not a lot changed from late Friday levels:
EUR/USD 1.0970USD/JPY 148.77GBP/USD 1.3114USD/CHF 0.8589USD/CAD 1.3570AUD/USD 0.6789NZD/USD 0.6158
A couple of items from the weekend, and I’ll post a few more soon:
China house sales rose over the holiday period – property sector recovery?Saudi Arabia has raised its main oil prices for buyers in Asia, well above expectationsCrude oil price forecast
Also, week ahead previews:
Weekly Market Outlook (07-11 October)Newsquawk Week Ahead: US CPI, RBNZ, Minutes from FOMC, ECB and RBA, and Canada jobs
This article was written by Eamonn Sheridan at www.forexlive.com.
