Monday morning open levels – indicative forex prices – 05 August 2024

August 4, 2024
-FCHFX

August 04, 2024 at 09:01PM
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.

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

EUR/USD 1.0924

USD/JPY 146.53

GBP/USD 1.2804

USD/CHF 0.8583

USD/CAD 1.3875

AUD/USD 0.6519

NZD/USD 0.5958

Oil markets are yet to open, but a bit of a heads up ahead of that. Saudi Aramco has raised its official selling price (OSP) for Arab light for Asia by USD 0.20/bbl to USD 2.00/bbl above the benchmark (Oman/Dubai average) for September. This is the first bump higher in three months.

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

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Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

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