- Citi bank reporting that end-of-month hedge re-balancing flows are likely to be relatively neutral. In fact we could see negative flows in the USD, EUR and GBP which is a bit unusual;
- USD/CAD battle currently going on between two of the bigger Canadian banks near the 100-dma at 1.0965;
- Strong end-of-month AUD demand was noted today especially against the European currencies.
