⚖️💵Dollar Trades In Line With Rate Spreads: Cable FX Macro
- Rosbel Durán
- Jul 6, 2023
- 1 min read
Both of our measures for the dollar against peers and front-end Treasury yield spreads are rising on Thursday session, the greenback is posting gains against all G10 peers except the yen
The Cable FX Macro Dollar Spreads Index is now up by 5.7 points on the session, the dollar index is higher by 0.6% on the day
We have seen both of our measures move in line over the last month. Front-end treasury yields recover ground relative to peers, this leaves the index closer to 130.0, the highest since the March banking crisis
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