💶📈Euro Trade Weighted Index Now Above Feb. 2022 Levels: Cable FX Macro

• A measure of trade weighted euro compiled by Deutsche Bank is showing the common currency trading above its February 2022 levels, when the invasion of Ukraine took over risk sentiment

• The EUR TWI dropped by about 4.4% when it reached its lows in August. The recovery is translated in a 5.95% rally and a 13.0% rally in the EUR/USD