Source: Thomson Reuters
- 2 top 4 global FX trading banks note a shift in CAD sentiment
- Over the past week Corps & real money have sold CAD
- RM outflows increased by 3% to 3.5% of total volume
- Corporate flow went from flat to -2%, HFs were CAD buyers
- Interbank also CAD buyers, means specs are dip buyers
- Volume running 17% below average, topside the vulnerable side
The material has been provided by InstaForex Company – www.instaforex.com