Monday morning open levels – indicative forex prices – 08 July 2024 – EUR a touch lower

Read full post at forexlive.com

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.

The
mover
in
this
very
time
is
EUR,
down
from
its
level
late
Friday
after
the
French
election
appears
to
have
reulsted
in
a
hung
parliament.
This
is
not
a
completely
unexpected
results,
which
has
limited
the
drop
in
EUR
so
far.

Indicative
rates:

• EUR/USD
  1.0810,
  down
  from
  around
  1.0835
  late
  on
  Friday
• USD/JPY
  160.70
• GBP/USD
  1.2799
• USD/CHF
  0.8970
• USD/CAD
  1.3643
• AUD/USD
  0.6737
• NZD/USD
  0.6141