The dollar posted back-to-back weekly gains as Friday losses were met with bids after the Non Farm Payrolls report. The Cable FX Macro Dollar Index rose 0.4% on the week, most of the gains were recorded against high-beta currencies
Low yielders didn't give ground to USD strength, the yen posted a gain of 3.9% on the week, its best five-day period since early August
One month risk reversals continue to see downside interest for antipodes, while the yen and Swiss franc express bullish views. 1m USD/JPY risk reversals favour puts over calls by 240bps vs 180bps the prior week
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