Dollar index is based on 100 levels.
It looks like it will have a weak weekly close.
So far, the rise in inflation and interest rate expectations have formed the basis of the main rise.
DXY shows the average trend of the dollar against other world currencies.
Another reason for the rapid rise of DXY, which has a large Euro volume on the Index; ECB's looser monetary policy.
Looks like we'll be seeing over 100 levels soon.
It looks like it will have a weak weekly close.
So far, the rise in inflation and interest rate expectations have formed the basis of the main rise.
DXY shows the average trend of the dollar against other world currencies.
Another reason for the rapid rise of DXY, which has a large Euro volume on the Index; ECB's looser monetary policy.
Looks like we'll be seeing over 100 levels soon.
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