Quarter-End Adjustments Blunt Trend Moves
Marc Chandler
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
Reviewed by Marc Chandler
on
March 31, 2021
Rating:
![Quarter-End Adjustments Blunt Trend Moves](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4UGdqpizfbyCAnr7qpP7WoPBVb5TpRU49R6kZ8MWFtrocwwRaxg-r7p3cT0p6vsbjtrcSo-RE3eH4UUmpAw-ZFvnEVk035yjhBlo1ccqHz4_IusBprajMdepg01o5BRpT2XfjsMde87vj/s72-c/yuan+2.jpg)