From the FXWW Chatroom: Citi… Overall interbank volumes around 15% higher than average – pretty similar to yesterday in terms of the ccy-specific interest. One difference though, is that liquidity density for USDJPY and AUDUSD is higher by around 10-15%. USD-EMs have also been driven by today’s USD move.
Flow wise, leveraged names have been net sellers of USD – against EUR, JPY, AUD in the G7 space. Bank names have been on the other side, buying EURUSD, GBPUSD and AUDUSD.
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