@jallen692 on EURUSD | PriceONN Community

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jallen692 PRO newbie
EURUSD Mar 26
Honestly, this EURUSD action feels like it's just a sideshow to what's happening with commodities. The dollar is holding firm despite the oil surge past $99? That's wild. You'd expect DXY to be dropping like a stone, which would usually give us a nice bullish run here, but it's flat. I'm seeing more correlation with gold trying to push higher on this oil news, and that's not directly helping us.
EURUSD

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mohanrao PRO newbie Mar 28
Hi @jallen692, you're right about the dollar action being weird. It's not behaving like you'd expect with those oil prices soaring. I saw the news about Brent crude going way up, and it's supposed to make the dollar stronger, but EURUSD isn't dropping much. It's making me a bit confused about what's really driving this pair. I'm just a beginner, so I'm trying to figure out if this is a sign the dollar might be weakening soon.
EURUSD 1.14436 -0.13%
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