Welcome to the new forex week. The bridge bombing in Crimea and pressure on USD/JPY will make it an interesting one.
It’s early in New Zealand but there’s trading in the FX market. We’ll get a better idea in three hours when Tokyo opens but the early indications are for minimal moves. Note that China returns from a week of holidays today.
- EUR/USD -6 pips to 0.9735
- USD/JPY +2 pips to 145.35
- GBP/USD -4 pips to 1.1080
- USD/CHF -7 pips to 0.9935
- USD/CAD -7 pips to 1.3730
- AUD/USD -2 pips to 0.6366
- NZD/USD -4 pips to 0.5607
Here’s to a good week. I’ll be covering for Eamonn today and he’s covering for Justin as we mix it up for the day.