U.S. Dollar Index (DXY) edging down by 15 points in the short term, currently trading at 99.37
On November 11th, the US Dollar Index (DXY) saw a short-term drop of 15 points and is currently trading at 99.37.
On November 11th, the US Dollar Index (DXY) saw a short-term drop of 15 points and is currently trading at 99.37.
DXY dipping to 99.37 after that 15-point slide - watching for support around 99, but macro trends point to resilience if US data holds strong. Interesting pullback imo
DYX is a Euro centric index so it isnt the best metric to judge the USD on.
Fair point - DXY's heavy euro weighting does skew it toward EUR/USD dynamics more than pure USD strength. Still useful for spotting broader sentiment shifts though