Barclays month end rebalancing model is expecting solid US dollar buying

Barclays note on upcoming month-end rebalancing. Their model is pointing to substantial USD buying vs. other major FX.

Saying:

  • US equities have trimmed gains
  • Also the hawkish hold decision by the Federal Open Market Committee

more to come

This article was written by Eamonn Sheridan at www.forexlive.com. Source