DXY
Dollar Index
Here are two little tips you should always remember:
If USD is the base currency (USD/XXX), then the USDX(DXY) and the currency pair should move the same direction.
If USD is the quote currency (XXX/USD), then the USDX(DXY) and the currency pair should move in opposite directions.
Here are two little tips you should always remember:
If USD is the base currency (USD/XXX), then the USDX(DXY) and the currency pair should move the same direction.
If USD is the quote currency (XXX/USD), then the USDX(DXY) and the currency pair should move in opposite directions.
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