Credit Agricole: Prelim month-end fixing model points to moderate USD selling ...Middle East

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Credit Agricole: Prelim month-end fixing model points to moderate USD selling
Credit Agricole's analysis of March's financial market movements, including the rise in global equity markets and the USD's overall strength, indicates a trend towards moderate USD selling at the month-end fixing. The prediction stems from a preliminary examination of portfolio-rebalancing flows, taking into account the month's currency performance and equity market adjustments based on market capitalization.Key Points:Global Equity Market Performance: Equity markets have seen increases globally throughout March, influencing currency movements and portfolio rebalancing strategies.USD's Position: Despite its general firmness throughout the month, the USD is anticipated to face selling pressur

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