EUR, GBP, AUD…the list goes on. All saw good demand at the month-end fixing, particularly the pound which reversed some of its intraday weakness against the euro at the fixing. EUR/GBP dropped from 0.8800 to 0.8765 on the demand for pounds across the board.
Heavy stops in USD/JPY were triggered in the run-up to the fixing as support at 95.50 was breached. It fell to 95.22 before rebounding.
AUD/USD broke through the 0.80 level, reaching 0.8009.
