⚖️💱G10FX/USD Upside On Fed Pricing: Cable FX Macro

• Year-to-date, G10 currencies have mostly strengthened against the USD, with the greenback emerging as the weakest performer amid Fed easing expectations, US policy uncertainties (e.g., tariffs, fiscal risks), and global rotation into pro-cyclical assets. The CAD has been a close laggard due to USMCA renegotiation jitters. High-beta currencies like NZD, SEK, and AUD have led gains, supported by resilient growth, carry appeal, and risk-on sentiment.