DXY and EUR/USD - Quick education!
Updated
Hey tradomaniacs,
just a chart that shows all what I wanna say. :-)
Just for those who didn`t know.
The Dollar-Index is a currency basket which compares the USD to 6 other currencys.
AS you can see, the EUR/USD has 57,6% (since 1999) of that basket and basically turns that basket into a
USD/EUR currencypair. ;-D
Just check it out :-)
Peace and good trades
Irasor
just a chart that shows all what I wanna say. :-)
Just for those who didn`t know.
The Dollar-Index is a currency basket which compares the USD to 6 other currencys.
AS you can see, the EUR/USD has 57,6% (since 1999) of that basket and basically turns that basket into a
USD/EUR currencypair. ;-D
Just check it out :-)
Peace and good trades
Irasor
Note
Note
Dunno why it looks so weird on the chart tho. Postet it once again down here!
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