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📉Dollar Index Sees Worst Day Since February: Cable FX Macro

  • The Cable FX Macro dollar index is set to post its worst day since February 9 as it drops 1.1%. On the session, the yen leads gains, and it is closely followed by the Norwegian krone. The broad G10FX performance seems to have supported high-beta FX on Friday session

  • The euro and the pound rise by 0.7% to the dollar, the Swiss franc rose to a 2-month high of 0.8894 vs the USD. The franc and sterling lead G10FX gains YTD

  • Despite the downside seen on Friday, the dollar remains well footed this year.



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