β¨My name is Ivan Delgado, Market Insights Commentator at Global Prime and FX Trader. I am on a mission to pass on my decade-long knowledge by providing regular market commentary and educationa that is applicable, actionable and insightful (no-nonsense).
π΄The Euro and the Pound were the major beneficiaries of this phenomenon called month-end re-balancing flows, which happens by month end as global portfolio managers have the need to readjust their benchmarks for currency hedge ratios amid value variations during the month.
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π²If youβd like to access the G8 FX Indices I use, feel free to access the following public document (copy/paste the blue box in tradingview) Β or alteatively, you can access the indices charts via Mataf.net