Mind the upcoming fix

Author: Adam Button | Category: Forex Orders

It's the last day of the month

It's the last day of the month
I love it when the final day of the month lands on a Friday and a new month starts on a Monday. It's so tidy.

Bank models estimate there will be some month-end USD selling. That might have happened already but don't discount fixing flows. The London fix is coming up at the top of the hour.

At the moment, we're also seeing a recovery in the risk trade as yields fall back to flat on the day. The S&P 500 has trimmed the decline to 15 points.

Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose