When US equity averages outperform their peers, passive money managers need to sell the excess dollars accumulated to rebalance to their benchmarks. This should see some modest upward pressure on EUR/USD at the upcoming 16:00 GMT fixing.
ADVERTISEMENT - CONTINUE READING BELOW
Search investingLive
Directory
Modest dollar selling seen for month-end
ADVERTISEMENT - CONTINUE READING BELOW
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- PBOC is expected to set the USD/CNY reference rate at 6.7544 – Reuters estimate
- Another day, another South Korea trading halt. Kospi futures +5%
- RBNZ hike path collides with weakest labour market in ten years, Silk speaks today
- Trump is already threatening to resume strikes on Iran
- UK, France, Germany and Italy welcome deal but demand unconditional Hormuz access
- Fourteen-article MOU sets 30-day Hormuz deadline and excludes Iran missile program
ADVERTISEMENT - CONTINUE READING BELOW
Best in 2026
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access
PBOC is expected to set the USD/CNY reference rate at 6.7544 – Reuters estimate PBOC CNY reference rate setting for the trading session ahead.
investingLive Exclusive
11m ago
Another day, another South Korea trading halt. Kospi futures +5% South Korea 'sidecar' stops program trading for five minutes after a big move.
investingLive Exclusive
11m ago
Amazon's Outlet deals hit 71% off! Prime Day early bird specials offer huge savings on tech & apparel.
instyle
21m ago
RBNZ Assistant Governor Silk speaks in Tauranga on the May MPS insights; no new signals expected as the bank eyes two hikes against decade-high unemployment of 5.4%.
investingLive Exclusive
32m ago
AI job disruption looms: 75% skip unemployment benefits, signaling deeper shifts.
Fortune
45m ago
SpaceX's $226B valuation questioned; 2 moonshots needed to justify its sky-high price.
YahooFinance Singapore
48m ago
SpaceX's IPO math: 1% error costs $10B! Musk's wealth soars, but risks loom.
Fortune
54m ago
Telegram Community
Gain Access
Best in 2026
Sponsored
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}