From Citibank:
Starting to see some short-covering in EUR but this has a long way to go
- EURAUD: Strong turnover, clear selling bias led by leveraged and real money.
- EURNOK: Strong turnover, clear bias to selling led by real money
- EURSEK: Strong turnover, clear bias to selling led by real money
- EURCHF: Strong turnover, clear selling bias led by leveraged and some corporates.
Relative value trades
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AUDCAD: Some turnover, clear bias to selling
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NOKSEK: Good turnover, clear bias to selling
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AUDNZD: Good turnover, clear selling bias.
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