📈G10FX Tracker Shows Continuation Of Trend: Cable FX Macro
- Rosbel Durán
- Sep 6, 2023
- 1 min read
**As seen in FX Quotes report 09/01/23, subscribe at cablefxm.co.uk/reports
The G10FX tracker in our FX Quotes report measures the most recent weekly FX Spot returns vs the prior week. The method is showing a continuation of the preceding trend
If you look at the dollar, the point lies in the top-right quadrant, this means that it has posted two consecutive week of gains. Meanwhile, the franc and the euro stand in the opposite side of the balance at the bottom-left quadrant
Currencies in the bottom-right reversed losses this week. However, the upward slope pattern shows that, in general, the trading tone was similar to the prior week
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