Good morning and welcome to the open of the new FX week and month.

For those who join us regularly at the start of the week, you'll know that its normally just the New Zealand market active at this time and so market liquidity is super thin. But wait ... it's a New Zealand holiday today (happy Queen's Birthday!) ... so we are gonna have to wait a little longer today, until the Australian markets get active.

Not a lot of change from Friday's closing levels at this stage, but be aware prices can move on not too much at all at this time of the week, so take extra care!

Price guide: