Here is what’s driving trading early this week:
- Soft Chinese data and worries that officials won’t react
- Australian dollar weakness (low so far 0.9000)
- The pound slides on more referendum worries
- Hong Kong shares down 0.7%
- Swedish politics are in turmoil
Also note that Japan is closed for a holiday.
Here’s how FX prices have moved so far:
The FX ticker so far