Barclays and Citi models both expect USD buying for month end

Via eFX comes a look at the forex signals from Citi and Barclay’s month-end fixing models
"Equity markets lost some ground across developed economies as the
ECB delivered less easing than anticipated, while the Fed finally
started its hiking cycle. In dollar terms, the US markets underperformed
as the greenback weakened against most G10 currencies, except GBP and
CAD, during the month. Bond markets remained relatively stable across
the board, but outperformed in dollar terms in Europe and Japan,"
Barclays clarifies.

Tags: