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.
pre-ps:
- OPEC+ agrees to raise output by 137K bpd, as expected
- then they’ll do a TACO (but for OPEC) and pause hikes for Q1, 2026, or so they say. Their cocnern is over supply.
Indicative rates only:
- EUR/USD 1.1532
- USD/JPY 154.01
- GBP/USD 1.3133
- USD/CHF 0.8039
- USD/CAD 1.4010
- AUD/USD 0.6547
- NZD/USD 0.5727
This article was written by Eamonn Sheridan at investinglive.com.