A liquidity thinned week has had the USD on the backfoot with the greenback now below 92.00. Month-end flows are likely to dictate price action in the USD on November 30th as it had done at the back-end of last week. Several investment bank models have been touting above average USD selling for month-end rebalancing given the outperformance in US equities this month. The S&P 500 has had the strongest month since April with gains of over 11%. S&P 500 Posts Strongest Performance Since April Source: Refinitv The chart below shows the price action in the greenback in the run-up to the London 4pm fix back in April. ... (full story)