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💵🔺Dollar Index Close to Testing YTD Highs: Cable FX Macro

  • Our own measure of the dollar against G10 peers is set to deliver a second week of gains. So far this year, we have seen the dollar rebound from posting losses of about 1.1%, last up 2.1%

  • If the dollar were to rise further from here, it could test YTD highs above 300.0, from this level the index could eye 305.0 to the upside

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