Skip to main content
Back to news
FXvia ForexLive

Forex Opens Quiet on Monday as Markets Eye Weekend News

Share

Forex markets opened with thin liquidity on Monday as traders digested weekend news, with the US dollar edging lower on hopes of a war deal.

Forex Opens Quiet on Monday as Markets Eye Weekend News

Forex markets opened with thin liquidity on Monday morning as Asian trading got underway, with the US dollar trading slightly lower against major peers. The subdued start follows a weekend that saw continued war developments, with reports suggesting the two sides are edging closer to a deal. Market participants are cautiously optimistic, though liquidity remains low until more centers come online.

The early move lower in the dollar reflects a tentative risk-on sentiment, as traders price in the possibility of a diplomatic resolution. In currency markets, such geopolitical shifts can drive short-term flows, with safe-haven currencies like the yen and Swiss franc potentially weakening if a deal materializes. Conversely, a breakdown in talks could reignite dollar demand. For real-time quotes on major pairs, traders can check NowPrice for the latest levels.

Looking ahead, the focus will be on any official statements or leaks regarding the war negotiations. Additionally, this week's economic data calendar includes central bank speeches and inflation readings that could influence rate expectations. With thin liquidity, price swings may be exaggerated, so traders should exercise caution. The coming sessions will clarify whether the dollar's early weakness is sustained or merely a temporary reaction to weekend headlines.

Read the original article on ForexLive
Editorial summary by NowPrice. Read the original article at the source for full reporting.