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GBP, AUD Seeing Outsized Interest According to FX Volumes

FOREX

Very healthy currency volumes so far today, with GBP and AUD both seeing outsized activity following interventions from BoE governor Bailey and RBA deputy governor Debelle Tuesday.

Both GBP and AUD have seen around 70-75% of 5d average daily volume ahead of the NY crossover. And, with a Powell speech and ECB's Lane due later today, that'll likely be surpassed at some point today:


MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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