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US dollar grabs a big bid ahead of the London fix
The US dollar has grabbed a big bid into the top of the hour.
The catalyst is fixing flows into month end. It's the London fix rolling through and there's clearly some dollar buying that needs to be done.
EUR/USD is at the lows of the day, falling about 20 pips to 1.0861. The flows in cable are also large, dropping it to 1.2349 from 1.2375.
This article was written by Adam Button at www.forexlive.com... Read More Posted: Mar 31 2023, 14:56
Author Name: forexlive
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