Deutsche Bank FX Flows Update

G10 volumes bounced back strongly in the second week of March after a slow start to the month.

EUR/USD experienced a constant flow throughout the week. By contrast, yen volumes jumped last Tuesday morning after USD/JPY retraced from 122 and sterling volumes were particularly heavy last Friday after GBP/USD broke through 1.4750.

Nearly 15% of NZD volumes were dealt immediately after the RBNZ meeting

Key levels characterized by trading intensity from last week:

  • EUR/USD: 1.0510/1.0600

  • USD/JPY: 120.90/121.89

  • GBP/USD: 1.4800 /1.5100

  • USD/CHF: 0.9850/0.0090

  • AUD/USD: 0.7600/0.7670

  • NZD/USD: 0.7310/0.7350

  • USD/CAD: 1.2670/1.2800

  • EUR/CHF: 1.0540/1.0600

  • EUR/NOK: 8.5790/8.6230

  • EUR/SEK: 9.1500/9.1800

  • EUR/JPY: 127.00/130.20

  • EUR/GBP: 0.7050/0.7150

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