Interbank flows and orders: SNB expected via Dutch PB
- EUR/USD: Picking up plenty of selling interest now above 1.2820 with light bids starting at 1.2770. Plenty of activity today with ACBs, real money and macro funds all active. Expect to see SNB selling EUR in early European trade through Dutch Prime Broker.
- AUD/USD: Bids near 1.0330 and offers above 1.0425 should ensure range trading to start the week.
- Good sized MYR/SGD flows noted.