top of page

💵🔻Dollar Set to Close Worst Month Since 2009: Cable FX Macro

Writer's picture: Rosbel DuránRosbel Durán
  • The dollar is set to decline by 5.0% in November, this would be the worst month since 2009, according to our own benchmark of the USD

  • The biggest contributor of dollar weakness in the RDDXY is the yen, the currency has risen by 6.7% on the month

  • NZD lead the pack as it gains 7.2%, the CAD is set to rise only by half of a percent


0 comments

Commenti


© 2024

CableFXWHITEdropshadow.png
  • Twitter - White Circle

Investing and trading involve risk. This includes the possible loss of principal and fluctuations in value. There is no assurance that objectives will be met. Do not risk capital that you cannot afford to lose.  

bottom of page