MARKET DEVELOPMENT US Dollar, GBP/USD, EUR/USD EvaluationUSD: Month-end rebalancing flows has pushed the US Greenback decrease wi
MARKET DEVELOPMENT US Dollar, GBP/USD, EUR/USD Evaluation
USD: Month-end rebalancing flows has pushed the US Greenback decrease with notable promoting seen towards the Pound. Alongside this, the Euro has additionally discovered help from month-end greenback promoting, which in flip has seen the Euro push above 1.1050.
| Change in | Longs | Shorts | OI |
| Daily | -11% | 11% | -4% |
| Weekly | 8% | -5% | 3% |
FX possibility expiries: Vanilla choices expire on the 10am New York Lower
EURUSD 1.0990-1.1000 (1.9bln), 1.1040-50 (1bln)
EURGBP 0.8450 (700mln)
USDJPY 108.50 (1.1bln), 109.00-10 (700mln), 109.40-50 (700mln), 109.55 (1.2bln)
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CAD: Whereas the Canadian Greenback stays mushy, it has pulled off session lows following higher than anticipated GDP information. Nevertheless, given the rising considerations over the coronavirus outbreak the Canadian Greenback stays susceptible to falling oil costs, which…