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Watch out for strong US dollar buying on month-end rebalancing

Watch out for strong US dollar buying on month-end rebalancing

Forex Orders
Adam Button
27/12/2018 | 14:54 GMT

Credit Agricole warns about USD bid

Month-end rebalancing should be a big tailwind for the US dollar into month-end, according to Credit Agricole.

They note that softness in global equities should trigger a 'strong' positive flow into US dollars.

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