That’s the 3rd day on the trot we’ve got some action over the fix and I can’t remember seeing that happen for quite some time.
It’s selling today as both cable and the euro take a dive. GBP/USD trips up 20 pips into the fix and EUR/USD tanks 20 also from 1.3757 to 1.3737. Again USD/CHF pops up and also pinches nearly 20 pips from 0.8850 to 0.8868
I would hazard a guess that were seeing some end of financial year flows going on as funds and whatnot start getting their ledgers in order for the accountants.
Even as I type EUR/USD takes another drop to 1.3729