EUR Sees Flows
EUR flows continue throughout the day due to End of Month and quarter-end related activities
26 June 2026 EUR flows have been going on all day. They paused for a couple of hours but have now just kicked on again. This is all EoM/Q/H1 related flow, and it's been happening in stages and in different assets all week. Today is value day EoM in FX (except for CAD, which is on T+1), so no shock we're seeing these moves.
Nothing about these moves is technical or fundamental right now. EoM=End of Month Ryan Littlestone