USD continuing to benefit from month-end flows

Jarratt Davis

Special Consultant to the FPA
Sentiment update for the New York trading session, 27th March 2018

During today's London session, markets have been relatively quiet ahead of the Easter weekend with both Friday and next Monday being bank holidays.

As such, most currency pairs have remained relatively range-bound although month-end demand is reportedly continuing to benefit USD with fresh session lows in GBPUSD and EURUSD continuing to test yesterday's session lows.

NAFTA uncertainty is reported to be weighing on CAD with USDCAD continuing to reside above the 1.29 handle although still within yesterday's range.

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