Keyword Analysis & Research: dxy


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What is the dxy (dxy)?

The dollar index (DXY) trades in the futures market on the Intercontinental Exchange (ICE) and the over-the-counter market between foreign exchange dealers. The DXY reflects dollar strength or weakness and is a pricing mechanism for many commodities Commodities are the raw materials that feed, clothe, power, and shelter the world.

What is the Dollar Index (dxy)?

The U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. (DXY) originally was developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies.

What is the difference between dxy and commodities?

The dollar index ( DXY) trades in the futures market on the Intercontinental Exchange ( ICE) and the over-the-counter market between foreign exchange dealers. Commodities are the raw materials that feed, clothe, power, and shelter the world.

Should I buy or sell dollar on dxy?

technical say dollar after some zigzag must go down SL place = if dollar break high (need powerfull news) can go up to upper red arrow (next sell place) advice= dont buy dollar , looking for sell it on highs but with SL DXY has reversed a huge bearish pattern and pumped to my target of the double bottom pattern at $95, we still have upside to $98.


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