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💵Dollar Posts Stronger Sessions Into The Weekend: Cable FX Macro

Writer: Rosbel DuránRosbel Durán
  • Calculation for dollar performance uses <.RDDXY> Cable FX Macro Dollar Index, our index is composed by USD/G10FX spot rates

  • Looking at a 3-month history, the biggest share of gains for the dollar is seen over the second half of the week. This past Thursday and Friday saw USD strength materialize

  • Both Thursday and Friday stand at 62% up days. However, Thursday seems to be skewed lower on an average performance basis. Over the last three months, Thursdays have recorded four sessions with losses above 0.5%. 3/4 sessions were posted in June during a period of broad dollar weakness

  • So far, Wednesday into Friday, the dollar holds above 50% up days. In terms of performance, the greenback remains mixed, but it has followed a pattern of strength into the weekends


 
 

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