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Most Major Currencies Trade Quietly In European Session

Most major currencies are trading quietly in European deals on Monday due to lack of cues as many traders are away for Easter holidays.

Lower-than-expected U.S. jobs data released on Friday prompted traders to sell risk currencies in early Asian trading, but it was short-lived and most currency pairs began trading in tight ranges amid Easter Monday holiday in some countries. Chinese inflation data released early in the day failed to influence currencies.

The yen is now worth 81.43 against the US dollar, 106.44 against the euro, 129.20 against the pound and 88.62 against the franc.

The euro is trading at 1.2016 against the franc, 1.3073 against the US dollar and 0.8236 against the pound.

The pound is worth 1.5878 against the dollar and 1.4596 against the franc.

The Australian dollar is trading at 83.78 against the yen, 1.0278 against the Canadian dollar, 1.0289 against the US dollar and 1.2710 per euro.

The NZ dollar is worth 66.62 against the yen, 0.8182 against the US dollar and 1.2581 against the Aussie.

by RTTNews Staff Writer

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