AUD in the top spot and CHF the clear laggard

  • The USD's divergence with yields continue which is something to keep an eye on

The AUD (blue) is still the strongest on the session (closely followed by the NZD).

Both benefitting from the recent strength we've seen in commodities.

The CHF (green) is the clear underperformer after the miss in Swiss CPI earlier in the session.

FX strength (4 April 2024)
FX strength (4 April 2024)

The interesting divergence between US yields and the dollar continues with yields staying relatively close to recent highs but the dollar continues to lose ground.

DXY vs US10Y
DXY vs US10Y

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