Monday morning open levels - indicative forex prices - 14 February 2022

As is usual for a Monday morning, market liquidity Liquidity Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Read this Term is very thin until it improves as more Asian centres come on online ... prices are liable to swing around on not too much at all, so take care out there.

Some small change from late Friday levels, a potential Russian invasion of Ukraine is a key concern:

• EUR/USD 1.1340
• USD/JPY 115.38
• GBP/USD 1.3553
• USD/CHF 0.9255
• USD/CAD 1.2735
• AUD/USD 0.7130
• NZD/USD 0.6637

Be back soon with weekend news. ICYMI:

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