Heads up reminder – Japanese markets are closed Monday, 9 October 2023 for a holiday

<p>A heads up for thinned-out liquditity in Asia time here on Monday, 9 October 2023 with Japanese markets closed for a holiday. </p><ul><li>Japanese banks will not be marking markets in FX today, this leaves Singapore, Hong Kong Australia and New Zealand as the active major forex centres.</li><li>Trade in cash US Treasuries will be basically non-existent. </li></ul><p>Singapore and Hong Kong FX liquidity is substantial, but there will be a hole left with Japan out. </p><p>The USD is higher (<a href="https://www.forexlive.com/news/monday-morning-open-levels-indicative-forex-prices-9-october-2023-usd-higher-20231008/" target="_blank" rel="follow">why</a>) in the early hours after the attacks on Isreal by Hamas which has left more than 1000 people dead and many more injured. </p><p>Rates update, indicative only:</p><p>Market liquidity is very thin, prices are liable to swing around, so take care out there.</p>

This article was written by Eamonn Sheridan at www.forexlive.com.