💵🔺 Dollar Rises For 4th Consecutive Week: Cable FX Macro
- Rosbel Durán

- Aug 15, 2023
- 1 min read
Our own measure of the dollar against G10 peers rose 1.9% to post its fourth consecutive week of gains, this was the best weekly performance since late May
Price action in the dollar showed dip buying after U.S. inflation data showed prices rising in line with estimates. The advance extended on producer prices rising above economists' forecasts
All G10FX is showing declines to the greenback month-to-date, the losses are led by antipodes and scandies as NZD/USD is down 3.9%. The euro and the franc stand relatively better, down 0.7% to the dollar




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