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📈Risk Supported On FOMC, NOK And AUD Gain: Cable FX Macro

**As seen in Online Tools > Chart Grid, subscribe at cablefxmco.uk/reports


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  • Risk was bid across the board as the S&P 500 Index rallied 1.7% on the day, however, there was notable outperformance from the european stocks

  • High beta FX was bid, the Australian dollar posted gains of 0.7% vs the U.S. dollar, the Norwegian Krone rose 0.9% after the Norges Bank kept rates steady

  • Sovereign debt was offered following jobless claims, the BoE, and the Norges Bank decision. Norwegian rates underperformed with front-end yields rising double-digits


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