The firm’s month-end model is signaling strong dollar demand against all the major currencies while its quarter-end model is signaling moderate dollar strength to end Q1 trading. They do note that both models are using the same framework and with the latter, it is also predicting strong USD demand against the EUR for quarter-end.
Against the euro, we’ve seen the dollar already put up a good showing over the last one week but on the month itself the pair is still up nearly 4%.
I’ll link the one to Deutsche’s month-end shortly. Update: Dollar expected to be bid on month-end – Deutsche
This article was written by Justin Low at www.forexlive.com.
