Currencies mostly steady as most market participants are away since Friday
As a reminder, it’s Easter Monday today so major European markets are also closed so that will keep things quiet and liquidity rather thin before we get to North American trading later today. So far, there hasn’t been much notable movements among currencies since Friday with the dollar trading mixed against the major bloc.
The aussie and kiwi are slightly lagging with most of those declines coming from trading so far today, but even so, the slight softness is well contained within a 20-30 pips move. Meanwhile, the loonie’s gains today is seeing the currency climb higher but it isn’t really a clear breakout performer just yet. Let’s see if Canadian traders can stir anything up later on in the day as they return after a break on Friday.