Definition
DXY (Dollar Index)
The US Dollar Index — measures USD strength against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF). A rising DXY typically pressures EUR/USD lower.
The US Dollar Index — measures USD strength against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF). A rising DXY typically pressures EUR/USD lower.