Sturdy greenback demand on the playing cards this month-end – Barclays

In response to Barclays’ month-end FX rebalancing mannequin, robust greenback shopping for is indicated in opposition to the remainder of the foremost currencies bloc for April. This comes after Trump’s reciprocal tariffs announcement led to huge promoting in US equities and bonds through the month.

“The clear outflows from all main US belongings at a tempo of c.Three-Four commonplace deviations, dominated by US equities given their giant market caps, imply our mannequin has produced a robust greenback shopping for sign in April. The ensuing value actions within the greenback could also be dampened, nonetheless, ought to market gamers alter their hedge ratios or portfolio allocation in greenback belongings following the arrogance shock.”

This will likely be one thing to maintain in your again pocket simply in case, within the days forward.

This text was written by Justin Low at www.ubaidahsan.com.



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