🇨🇭LIVEDESK: FX Flows

FX flows are down 11% from Friday but are up 34% on the five-day average. Risk sentiment seems to have recovered a bit from the Friday lows. The standout flow was USDPY buying across client segments and USDCHF selling from macro and real money names. In USD/Asia the desk saw selling across client segments/ but particularly by macro names. Spots came down following the Friday highs. Largest flows were USD selling vs SGD and CNH, albeit still in relatively social sizes.

via UBS