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Quarter-End Adjustments Blunt Trend Moves

March 31, 2021
Overview:  The US dollar is paring its recent gains against most major and emerging market currencies today, mainly on the back of month and quarter-end position adjustments.  The euro held the $1.1700 level, while the Japanese yen continues to trade heavily.  Better than expected PMI readings from China appeared to help sentiment.  The JP Morgan …
Quarter-End Adjustments Blunt Trend Moves Quarter-End Adjustments Blunt Trend Moves Reviewed by Marc Chandler on March 31, 2021 Rating: 5
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