Asset managers tend to transact business at “fixings”, times in the market where there are published prices that the firms can use as a benchmark. The most popular of these fixings is the 11:00 am (NY Time) London fixing. These fixes are especially active at month-ends as passive fund managers (index funds) rebalance their currency portfolios. Today, the scuttlebutt is that these managers will be net dollar sellers across the board. These rumors are often self-serving, so be a bit cautious. I put it out there for your consideration but would not stake my life on the rumors.