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🔻🔺 Dollar Posts Losses In EU, Reverses In N.A. Session: Cable FX Macro

  • Since the FOMC last week, we have seen a pattern in intraday dollar trading. Our measure of the dollar vs G10 peers, the Cable FX Macro Dollar Index <.RDDXY>, posts declines during EU and rebounds in N.A. session

  • Dollar buying seems to be more concrete after 7:00 am ET. We recently noted choppy trading in the dollar last week

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