📉📈 FX Majors Monthly % August

• "Yeah but what about short-term rates' absolute change and ranking?"

• August saw a dollar out performance vs. the G10 for most part of the month. NZD and NOK took over during the last trading week

• High beta FX divergence is noted as AUD, CAD did not follow the NOK and NZD to post gains vs the USD

• Mid-month equity correction and yield drops sent the group lower vs the JPY, part of these gains were pared later in the month

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