
As is typical on Monday mornings, market liquidity remains very thin until more Asian trading centres open. During this period, prices can be subject to significant swings, so forex traders should exercise caution.
Indicative rates this morning show little change from late Friday:
EUR/USD 1.1739
USD/JPY 155.88
GBP/USD 1.3379
USD/CHF 0.7961
USD/CAD 1.3770
AUD/USD 0.6643
NZD/USD 0.5798
This week marks the final full trading week before the Christmas and New Year holiday period. Wholesale market participants are expected to gradually reduce their activity after Friday, 19 December. Traders should take advantage of this week’s opportunities while liquidity remains relatively normal.
Original Source: Eamonn Sheridan of investinglive.com







