USD: Month-end fixing model points to USD buying - Credit Agricole

<p>Credit Agricole CIB Research sees a scope for further USD buying into though Sep-30 month end London-fix.</p><p>"Our FX month-end rebalancing model signals that month-end
portfolio-rebalancing flows are likely to be moderate USD buying across
the board with the strongest buy signal in the case of the USD vs CAD," CACIB notes.</p><p>"Our corporate flow model further points to EUR selling at the end of the month," CACIB adds.</p><p>For bank trade ideas, <a href="https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD&source=gmail&ust=1664480561941000&usg=AOvVaw3yoqoj3LV_5PCQTQL_CjhX">check out eFX Plus</a>. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. <a href="https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD" rel="nofollow" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://plus.efxdata.com/ad/track/4655172E54F06040571CD0AB083845AD&source=gmail&ust=1664480561941000&usg=AOvVaw3yoqoj3LV_5PCQTQL_CjhX">Get it here</a>.

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This article was written by Adam Button at forexlive.com.

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