⚖️🔺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