From the FXWW Chatroom: With much of the world closed for Good Friday on the last day of the month, it seems likely that normal month-end flow will happen a day early. US equities are still down month-to-date (S&P -3.7%) and our equity hedging model will likely signal USD buying into month-end. Unless stocks rally further today, our model will go long USD against GBP, CAD, AUD and NOK at the close today and hold the positions to the close tomorrow.
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