Glossary
US Dollar Index (DXY)
An index of the US dollar against six major currencies, set at 100 in March 1973. The euro makes up 57.6% of it, so it moves largely as the inverse of EUR/USD.
Glossary
An index of the US dollar against six major currencies, set at 100 in March 1973. The euro makes up 57.6% of it, so it moves largely as the inverse of EUR/USD.