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Monday morning forex prices for October 14, 202

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.Weekend China news:China offers few details on stimulus in Saturday's press conferenceFour of China's biggest state-owned banks confirm mortgage rate cuts, beginning October 25China September CPI rate fell below August and below expectations. PPI slumped further.Indicative rates, not a lot changed from late Friday level, but AUD and NZD a touch softer after the China news over the weekend EUR/USD 1.0938USD/JPY 149.05GBP/USD 1.3073USD/CHF 0.8572USD/CAD 1.3758AUD/USD 0.6745NZD/USD 0.6102 This article was written by Eamonn Sheridan at www.forexlive.com.

On Monday mornings, market activity is typically low until more Asian markets open. Prices can fluctuate, so be cautious.

Highlights from the weekend in China:

Currency rates showed little change since Friday, but AUD and NZD softened slightly after the weekend news from China:

  • EUR/USD: 1.0938
  • USD/JPY: 149.05
  • GBP/USD: 1.3073
  • USD/CHF: 0.8572
  • USD/CAD: 1.3758
  • AUD/USD: 0.6745
  • NZD/USD: 0.6102
Monday morning
Viaurl
SourceForexlive
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