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💱📈High-Beta FX Outperformed On Risk On Trade: Cable FX Macro

**As seen in FX Quotes report 11/02/23, subscribe at cablefxm.co.uk/reports

  • World equities traded positively, the S&P 500 Index posted its best week since November 2022. High-beta FX saw gains in line with their risk profile

  • Our measure of the dollar declined by 1.5% on the week, the Cable FX Macro Dollar Index has a -56% short-term correlation coefficient to world equities

  • The cross-asset section in our FX Quotes report shows G10FX performance vs world equities, crude oil, volatility, and yields

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Investing and trading involve risk. This includes the possible loss of principal and fluctuations in value. There is no assurance that objectives will be met. Do not risk capital that you cannot afford to lose.  

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