Not a tremendous amount of buzz about the month-end fixing just yet, so I suspect portfolio managers many have gotten a jump on the holiday early and done their currency shopping early.
We do hear of decent two way interest in AUD/USD, but the flows should cancel on another out, prompting little price movement.
I’ll keep you posted as I pick up fresh whispers..
UPDATE at 14:30- Talk of EUR/USD sales at the fixing, but that could change over the next 30 minutes.
UPDATE at 14:43- Demand for USD/JPY now rumored.
UPDATE at 14:45- Orders to sell EUR/USD building at the fixing.
UPDATE at 14:50- Buy orders noted in USD/CAD, USD/SEK
