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Forex pairs in this Article » EUR/USD (Córdoba) - Month-end flows may generate a little interest in the market today but flow-driven trade is likely to be the only real driver of movement ahead of the year-end, according to the TD Securities team.

Key Quotes

"Recall that seasonal patterns which have been more adversarial for the USD in the latter part of the 2013 tend to be a little more USD-supportive moving into the early part of the new calendar year".

"In the past 10 years, January has been the second-worst month in terms of performance for the EUR (May being the worst)".

"Current, lofty levels in spot are a prime opportunity for short positions still, we feel".
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