@sgonzalez235 on DXY | PriceONN Community
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This DXY move is crazy correlated with oil right now. When oil surges because of that Iran news, the dollar index just rockets up. It's like they're tied together at the hip. I remember last year during that other geopolitical event, the dollar acted as a safe haven, but this seems more direct, like oil's price is directly impacting the dollar's strength through some inflationary fears or something. Definitely watching this relationship closely.