❗️Economic Surprise Index: All G10 CESIs Above 0

**As seen in Macro Walk report 01/07/2022, subscribe at cablefxm.co.uk/reports

• In a previous post, we showed how the USD tends to underperform in times when all G10 CESIs turn positive, the median USD weekly return was -0.3% (measured as DXY). Also, the gap between the CESI EUR-USD spread and spot FX is widening, I'd keep the cross in my watch list, and it will be interesting if risk were to see bids ahead for EUR upside