Most pronounced net flows have been in EURGBP today, where all segments have been net buyers of EUR so far this London session. For EURUSD, leveraged and banks have been net sellers on the day. USDJPY has seen net selling so far in the London session.
Interbank market volumes are ca 30% below averages so far today. EURUSD visible liquidity is slightly better than in the previous days, is still however towards the lower end of this year’s. Average TOB spreads are 1.2 pips and liquidity density 13 EUR/bp so far today.