📊 Month-End Flows: USD Demand and Rebalancing Effects As April closes, the USD may find short-term support from month-end portfolio rebalancing, firm US yields, higher oil prices, and political uncertainty. The dollar has recently traded near the 98.3-98.5 DXY zone, while the US 10-year yield remains around 4.32%-4.33%. This keeps USD downside limited, especially if global portfolios need to adjust hedges and rebalance exposure into the month-end fix. Key drivers to watch: 📌 Rebalancing flows - potential tactical USD demand near London and New York fixing windows. 📌 USD/JPY - could stay supported if equity and hedge adjustments favor dollar buying versus the yen. 📌 Oil risk - Brent above $100 adds pressure on oil-importing currencies and supports defensive USD demand. 📌 Politics - US policy uncertainty, tariff risks, and Middle East tensions may increase volatility. Forecast view: month-end flows can create a temporary USD bid, but this looks more like flow-driven support than a confirmed broader bullish reversal. Fast moves and reversals remain possible. Trade global markets with NordFX: https://my.nordfx.com/en/regis... This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.