⚠️💱 Dollar Beta to Volatility Eases: Cable FX Macro

• We're looking back at a history of daily returns over the previous 6-months, we have seen the dollar sensibility to volatility ease a little bit from the prior month

• Dollar and CAD remain the highest betas in the G10, while the greenback remains as the only positive B to volatility

• Euro is persistent in the top rankings, following CAD as the second-highest beta to vol. We're looking at euro having more sensibility to risk than the historic high betas like AUD, NZD, NOK

• While the 6-month beta in EUR is higher than in the traditional risk on currencies, AUD and NOK hold R^2s to volatility superior to the euro