Monday morning open levels – indicative forex prices – 28 October 2024 – YEN slammed lower

Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.

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.

Note that is a New Zealand holiday today, so FX is thinner than its unusually skinny self at this time.

Indicative rates, not a lot changed from late Friday levels:

• EUR/USD 1.0800
• USD/JPY 153.05 – Spiked higher: USD/JPY is above 153 on the Japanese election result – yen plunge
• GBP/USD 1.2974
• USD/CHF 0.8679
• USD/CAD 1.3875
• AUD/USD 0.6617
• NZD/USD 0.5981

This article was written by Eamonn Sheridan at www.forexlive.com.