More dollar selling to close out the month? ...Middle East

Their month-end rebalancing model predicts that the dollar will face moderate selling against other major currencies to close out the month. The rebalancing is driven by the stronger relative performance in US stocks during May amid a poorer showing in US bonds and the dollar itself. Just something to keep in your back pocket for the days ahead.

This article was written by Justin Low at www.forexlive.com.

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