@chloeclark97 on DXY | PriceONN Community

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chloeclark97 PRO newbie
DXY Apr 7
Just watched a quick YouTube vid by some guy called 'DollarWatcher'. He was saying with all this geopolitical stuff going on, especially with Iran and oil prices going up, the DXY is usually supposed to jump because it's seen as a safe haven, right? But it's actually been dropping a bit lately. Confusing.
DXY

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chloeclark97 PRO newbie Apr 7
Wait, also that YouTube guy was saying that with all the inflation fears because of oil, the Fed might actually have to pause rate hikes or even cut them later. If they stop hiking or cut, wouldn't that make the dollar weaker, not stronger? That could explain why it's not jumping with the news. This is so complicated, I feel like I'm going to get rekt if I don't figure this out soon. My head is spinning.
EURUSD 1.16091 -0.03%
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USDJPY 156.15950 -0.05%
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