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Writer's pictureRosbel Durán

⚖️🔺U.S. Rate Differentials Recover After Data: Cable FX Macro

  • We are looking at the Cable FX Macro Dollar Spreads Index rising after U.S. data releases. Thursday docket saw Q1 GDP flash estimate, jobless claims, Q1 Core PCE Q/q

  • The dollar rate spreads index pared declines from earlier, it holds losses for the week, down 8 index points

  • As it has been the theme before, <.RDDXY> the Cable FX Macro Dollar Index is unmoved from rate spreads, the sharp declines from earlier in the week failed to influence the dollar



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