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Countdown to month-end London fix

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Countdown to month-end London fix

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Look at FX at the top of the hour

It’s hard to attribute any kind of fundamental analysis to yesterday’s euro pop and today’s loosening. Sometimes that’s what happens at the end of the month.

Today we have seen a strong buying of dollars, which is the opposite of what the Citi model predicted.

As we move toward the fix at the top of the hour, look for more quick moves and a possible fading afterward.

Invest in yourself. See our forex education center.


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Countdown to month-end London fix

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