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Writer's pictureRosbel Durán

💱🔺 Euro Equal Weighted Index Rises to Highest Since Apr. 2021: Cable FX Macro

**As seen in Macro Walk report 04/07/23, subscribe at cablefxm.co.uk/reports

  • Our FX equal weighted index tracker showed the euro rising for a third straight week, the gauge is up 0.4% vs a prior 0.3%. The index is now at the highest level since April 2021

  • The pound equivalent is now up for the 9th consecutive week. Our measure of sterling vs its G8 peers has posted losses 3/13 weeks of 2023

  • The Yen equal weighted index is now stabilizing after falling by 2.3% during the prior week, this was the largest decline in the Japanese currency since June


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