Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 30 - 10:55 AM

G10: Month-End Rebalancing Flows Points To Moderate USD Selling, Higher EUR/JPY, GBP/JPY Into The Fix - Citi

By eFXdata  —  Mar 30 - 09:36 AM

Citi's updated estimate of this month-end fixing model point to moderate USD selling into tomorrow's fix.

"The signal has changed to a moderate USD sell.. The strength of this month’s signal is below the historical norm, measuring 0.4 standard deviations on average," Citi notes. 

"The discrepancy between the JPY sell and buy-signals for other currencies suggests that EURJPY, GBPJPY and other JPY crosses may also move higher ahead of this month-end," Citi adds. 

Source:
Citi Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!