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Apr 30 - 09:55 AM

USD: Month-End Fixing Model Points To Moderate USD Selling Into Today's Lndn Fix - Credit Agricole

By eFXdata  —  Apr 30 - 08:33 AM

Credit Agricole's estimate of this month-end fixing model points to moderate USD selling into 4pm London Fix on Friday April 30.

"Our FX Month-end Rebalancing model signals that month-end portfoliorebalancing flows would be moderate USD selling across the board with the strongest sell signal in the case of the USD vs the JPY and GBP," CACIB notes.


Crédit Agricole Research/Market Commentary


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