Citi FX Flows – London Open

We have seen small net USD selling overnight, but not enough to get excited about. We have seen some interesting flows though. The NZD remains unloved as the NZ elections approach.

–    EURUSD: Turnover reasonable; bias 53% in favor of selling

–    USDJPY: Turnover reasonable; bias 52% in favor of selling

–    EURJPY: Turnover low; bias in favor of buying

–    GBPUSD: Turnover good; bias 52% in favor of selling

–    EURGBP: Turnover low; bias in favor of selling

–    AUDUSD: Turnover good; bias 51% in favor of selling

–    NZDUSD: Turnover high; bias 63% in favor of selling

–    USDCAD: Turnover low; bias in favor of selling

–    USDCHF: : Turnover reasonable; bias 54% in favor of selling

–    EURCHF: Turnover reasonable; bias 56% in favor of buying

The post Citi FX Flows – London Open appeared first on www.forextell.com.

Leave a Reply