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💵🔺Dollar Posts Second Best Week Of 2024: Cable FX Macro

  • Our own measure of the dollar rose 1.4% on the week, a separate index constructed by Bloomberg jumped by 0.9%. The Cable FX Macro Dollar Index weights a relatively more uniform basket of the dollar vs G10 peers

  • On the month, the dollar is mixed vs the G10, the Aussie leads the group while the SEK and CHF decline. No currency record an MTD move above 2.0%

  • 1w risk reversals favour dollar calls against the G10 except the yen, scandies and sterling show the largest bearish skewness in the tenor



 
 
 

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