Monday Open Indicative Forex Prices, 12 October 2026: Majors Little Changed From Late Friday
Key Takeaways
- •Early indicative quotes on Monday, 12 October 2026 showed the seven major dollar pairs little changed from their late-Friday levels.
- •The indicative rates included EUR/USD at 1.1189, USD/JPY at 158.26, GBP/USD at 1.3238, USD/CHF at 0.8300, USD/CAD at 1.4266, AUD/USD at 0.6979, and NZD/USD at 0.5615.
- •Monday-morning liquidity was very thin and was expected to improve only as Asian trading centers came online, making early prices liable to swing around.
- •Japan observed a public holiday on 12 October 2026, leaving Tokyo desks closed and yen quoting conditions lighter than usual.
- •Indicative prices are early unofficial quotes that can differ from the levels at which pairs later trade once regular session activity is established.
Monday Open Indicative Forex Prices, 12 October 2026: Majors Little Changed From Late Friday
Global foreign exchange markets opened the new trading week on a quiet note on Monday, 12 October 2026, with early indicative quotes showing major currency pairs little changed from their late-Friday levels, according to a ForexLive post published at 19:39 UTC on Sunday, 11 October 2026.
Open indications like these are FX market's first reference point after the weekend: a preliminary read on where the US dollar stands against its major counterparts before regular pricing has had a chance to form. For traders returning for the new week, the snapshot serves as a baseline against which to measure how conditions develop once full trading resumes.
Thin liquidity at the open
As is usual on a Monday morning, market liquidity is very thin at the start of the session and only improves as more Asian trading centres come online. The report cautioned that prices are liable to swing around under such conditions, advising market participants to take care.
Indicative prices are early, unofficial quotes published before liquidity fully develops, and they can differ from the levels at which pairs later trade once regular session activity is established. That gap between the opening indication and the first properly traded levels is typically the main thing to monitor in the hours after publication, since it shows when the week's regular two-way pricing has arrived.
Early indicative rates
Early FX indications pointed to not much change from late Friday so far. The seven pairs quoted cover the US dollar against the euro, the Japanese yen, the pound sterling, the Swiss franc, the Canadian dollar, the Australian dollar and the New Zealand dollar:
| Pair | Indicative rate |
|---|---|
| EUR/USD | 1.1189 |
| USD/JPY | 158.26 |
| GBP/USD | 1.3238 |
| USD/CHF | 0.8300 |
| USD/CAD | 1.4266 |
| AUD/USD | 0.6979 |
| NZD/USD | 0.5615 |
Japan holiday note
The USD/JPY quote carried an additional remark: Monday, October 12, 2026, is a holiday in Japan. With Tokyo desks closed, yen quoting conditions can stay lighter than usual into the session — a recurring pattern around Japanese public holidays that adds to the normal early-Monday quiet.
Source: ForexLive — Monday open indicative forex prices, 12 October 2026
