Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week. Indicative rates:
- EUR/USD 1.1588
- USD/JPY 147.28
- GBP/USD 1.3280
- USD/CHF 0.8050
- USD/CAD 1.3775
- AUD/USD 0.6478
- NZD/USD 0.5925
Not too much change from late Friday.
Weekend posts:
- Fed’s Williams say’s he’ll have “very much an open mind” on September meeting rate cut
- OPEC agrees to increase production by 548K bpd for September, as expected
- If you thought this round of non-farm payrolls revisions was bad, wait until September
This article was written by Eamonn Sheridan at investinglive.com.