The Dollar Index (DXY) should arouse our interest as well. Take care of your financial skills: Get familiar to the terms ofTechnical Analysisand Fundamental Analysis. Many of us wonders what to invest in. Have a look atForexsection, but have in mind, thatFXMAG.COMisn't only about currenc...
As we mentioned above, stock indices are the most popular types of index in finances. However, there are other types as well, such as indices in Forex, bond indices, etc. The most popular Forex index is USDX (also known as DXY or DX), which is a measurement of the US dollar against...
The DXY Index is at its highest close in 3 months and is in a 3 week rising streak. The Aussie weakened, again. The BRL/USD is nearing an oversold quinella. The loonie mainly rose. The Euro was slightly weaker. And the British Pound was slight stringer And the Philippine Peso has fall...
Currency valuations are always viewed as a comparison between two currencies. The U.S. dollar may be strong only because the British pound is weak, or vice versa. For example, the British pound fell to $1.14, its lowest level in 37 years, on Sept. 7, 2022. The crisis occurred in the...
My guess is that the next few weeks will push back the Fed’s plans and ultimately they will be forced to keep the currency worthless and eventually the global markets will get fully wise and the DXY will tank to nothingness like it should, pulling the EUR, GBP, YEN, and Swiss Franc ...
What is DXY? DXYis a popular ticker or symbol used by Bloomberg Terminal users so that index is sometimes referred to as the “Dixie.” DXY is more commonly used when referring to the dollar cash or spot rate, while DX is geared more for futures traders. Although as mentioned, DX can ...