January 01, 2025 at 08:56PM
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX year!
Market liquidity is very thin. It’ll it improves as Asian centres come online … prices are liable to swing around, so take care out there. Of course, its even more precarious than usual with all the holidays around the place. It’ll be a patchy two days ahead for Thuirsday and Friday. Liquidity and interest is going to remain thin. It’ll approach normal from the 6th.
Guide:
EUR/USD 1.0356
USD/JPY 157.24
GBP/USD 1.2513
USD/CHF 0.9057
USD/CAD 1.4389
AUD/USD 0.6192
NZD/USD 0.5594 (ps. New Zealand remains on holiday on January 2, for the ‘Day after New Years Day’ holiday. Seriously!)
Happy New Year everyone!
This article was written by Eamonn Sheridan at www.forexlive.com.