🛢️💱Crude Sensitive Currencies Pressured By Recent Declines: Cable FX Macro
- Rosbel Durán
- Oct 11, 2023
- 1 min read
**As seen in FX Quotes report 10/06/23, subscribe at cablefxm.co.uk/reports
We have previously noted a strengthening in the relationship between G10FX and crude prices. Last week, crude oil futures posted the sharpest decline since March, Brent dipped by 11.3%
In the G10FX space, the sensitivity in energy prices was evident. The top left quadrant shows positively oil correlated currencies posting the largest declines to the dollar
The cross-asset section in our FX Quotes report compares FX spot returns vs equities, commodities, volatility and rates
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