**As seen in Macro Walk report 01/02/2022, subscribe at cablefxm.co.uk/reports
We did see marginal changes in the Citi Economic Surprise Indexes, however, the JPY leads the G-10 20-day change tracking a 65 points jump. The move leaves the index close to positive ground, this would be the first positive print in 6-months and with the NOK index recent recovery, it would put all G10 CESIs in '+' prints for the first time since March
Looking back at a 2-year history, we found 13-weeks when the indexes printed positive, also that the dollar tends to underperform during these periods. The DXY median weekly performance was -0.33%, while it tracked a high of 1.78% and a low of -1.19%, the standard deviation for these periods is 0.9%
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