Greenback in big-time demand at the fixing

Another day, another boost for the greenback at the fixing. Given that institutional investors are the dominant players at the fixings these days, this suggests that money continues to flow into the US from overseas.Firmer rates and rallying equities may be attracting the cash…

USD/JPY is nearing 92.00 where a barrier is said to be struck. EUR/USD has fallen to 1.4388 and Cable is taking a beating, now at 1.5935.