Citi: Cable flow snap update – FXWW Chatroom

We’ve seen good two-way flows in cable post the big services PMI miss – supply is led by leveraged and real money investors, while banks provide the bulk of the demand. Activities in the crosses are fairly mutes. On the day, our GBPUSD flow retains a 53% bias in favor of buying and turnover is about average. 

Leave a Reply

Your email address will not be published. Required fields are marked *