Citi FX Flows Monitor – London Open

Overall, we have seen reasonable net selling of USD so far today. As Europe walks in, the net short is close to the largest it has been during the session. Turnover is not that great.

  • –    EURUSD: Turnover low; bias 51% in favor of selling
  • –    USDJPY: Turnover reasonable; bias 54% in favor of selling
  • –    EURJPY: Turnover very low; bias in favor of selling
  • –    GBPUSD: Turnover good; no bias
  • –    EURGBP: Nothing of note
  • –    AUDUSD: Turnover reasonable; bias 56% in favor of buying
  • –    NZDUSD: Turnover reasonable; bias 54% in favor of buying
  • –    USDCAD: Turnover good; bias 52% in favor of selling
  • –    USDCHF: Turnover very low; bias in favor of selling
  • –    EURCHF: Nothing of note

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