This is weighing on the euro:
EU politics – French President Macron has called a snap election. EUR/USD a touch lower.
Its not as if its collapsing, its off 20 points or so from late Friday, circa 1.0775 or so.
As I say
EVERY
SINGLE
WEEK:
- 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.
And its going to stay illiquid for some time due to Australian markets being closed for a holiday. Its just New Zealand and the bots until Tokyo kicks off (its currently 5.45 am in Tokyo)
Mind the gap
This article was written by Eamonn Sheridan at www.forexlive.com.
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