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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.

 

Source:
Crédit Agricole Research/Market Commentary

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