⚠️ G10 FX / X-Asset

*Measured in 25-day correlations, 1-week returns

*Most currencies positively correlated to crude oil posted gains this week. The USD, negatively correlated to crude oil, saw weekly losses (measured in BBDXY terms).

*The relationship is more significant when compared to volatility (VIX Index). Currencies negatively correlated to volatility underperformed, while currencies positively correlated to volatility outperformed this week.

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