It’s the end of the month so there will certainly be some flows moving through markets today but it’s also the Friday before a long weekend in the US so traders will be eager to get to the exits.
Flow models from RBC and Barclays point to USD buying in model portfolios. We’re seeing some already with EUR/USD falling below yesterday’s low of 1.3220 and down to 1.3218. Big bids in the 1.3210/00 with more ahead of key support at 1.3190.