🛢️⚖️📈💱G10FX Returns In Line With Risk, Dispersed vs Rates And Vol: Cable FX Macro

**As seen in FX Quotes report 11/17/23, subscribe at cablefxm.co.uk/reports

• Last week, G10FX performance saw the dollar decline while high-beta currencies led the group with gains above 2.0%

• The Cable FX Macro Dollar Index saw its worst week since July, most of the losses came after the release of October CPI data

• The cross-asset correlation section in our FX Quotes report shows G10FX trading in line with risk assets while the weekly performance is dispersed vs rates and volatility

• Cross-asset trading is showing that not only the dollar but the rest of the group ignored yield movements and volatility correlations. Despite the sharp drop in kiwi rates, the NZD still managed to finish the week up 1.6%