London FX Flows Update

AUDUSD: 57% bias towards buying with leveraged names, corporates and real money investors all buyers of spot. Banks are the only net sellers. 
USDJPY: The flows have no bias now. Banks, retail investors, corporates and leveraged names are all now net buyers of USDJPY. The demand has largely been absorbed by selling by real money investors.
EURUSD: The flows have no bias now as the move becomes exaggerated and probably some short term names are fading the uptick. Banks have sold spot but leveraged names and real money investors have been big buyers. 
GBPUSD: Strong bias towards selling. Corporates and leveraged investors have bought spot while banks and real money players have sold it.

(Citibank)

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