@MusicMurali on DXY | PriceONN Community
M
Woah, just saw that headline about the Euro Area inflation potentially re-accelerating. If that's true, it could really shake things up for the dollar. The DXY's been pretty weak, dipping below 100, partly because those Middle East tensions were easing up. But if inflation spikes in Europe, central banks there might have to tighten, which would strengthen the Euro and push DXY down even further. Or could it be a risk-off move that actually supports the dollar? This is the kind of stuff that keeps me up at night trading. Gotta watch this closely.