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Writer's pictureRosbel Durán

💵🔺Dollar Rebounds Into The Weekend: Cable FX Macro

  • Over the last three months, our measure of the dollar has seen softness during mid-week trading, but this is followed by a decent rebound over Friday session

  • 70% of the time, the dollar has ended up on Friday sessions while it has seen an average gain of 0.2%, making it the best day for the greenback over the last three months

  • Following the weekend, Monday and Tuesday sessions record positive average trading, however, the share of up/down days doesn't show significant strength

  • Of course, this is a backward looking review and past performance is not indicative of future results


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