24 December 2001, 12:39  Forex - Major currencies rangebound in early London trade

LONDON (AFX) - Major currencies were stuck in narrow ranges against each other in sparse pre-Christmas trade, dealers said. With the market at a near stand still in countries where they do remain open there has been very little activity, Nick Mertchev, economist at Halifax said. "It all seems frozen and there is no data at all," he added. Developments in Argentina continue not to have much impact on currency markets, he added. Markets were closed in Germany, Italy, Spain, Portugal and Japan.

© 1999-2022 Forex EuroClub
All rights reserved