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💵🔻🔺 Volatile Trading In Dollar Benchmark Index

Writer's picture: Rosbel DuránRosbel Durán
  • Dollar/G10FX traded heavy heading into NA session as risk on sentiment supported high-beta FX. Positive remarks were reported from China's Xi, while the G20 statement appeared to have reached consensus

  • Later in the session, dollar touched the lowest levels since mid-August as PPI supported the broad 'inflation peaked' theme. PPI M/m missed estimates at 0.2%

  • Heading into end of U.S. cash equity session, the dollar pared all losses after the Poland missile attack. We're still lower on the day, yen and sterling lead the pack


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