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💱G10FX Weekly % Performance: Dollar Falls After Two Straight Weeks Of Gains

  • The Cable FX Macro Dollar Index recorded the first week of losses after two straight weeks of gains, <.RDDXY> fell by 0.4% following a gain of 1.0%, the latter was the second-best week in the index YTD

  • The <.RDDXY> gave up intra-week gains as the euro outperformed peers, EUR/USD finished the week higher 0.8%, the kiwi led the G10 as it advanced 0.9% to the dollar

  • Oil currencies failed to gain much traction in the dollar correction, as the NOK finished flat and the CAD gained only 0.1%. AUD/USD advanced by 0.7%, USD/JPY fell by 0.5%, neither of these crosses ended close at their strongest intra-week levels

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