@renatosantiago91 on DXY | PriceONN Community
This DXY action is kinda boring tbh. Just watching it tick around 97.80 like it's stuck in mud. The Iran news should have made it move more but it's just... flat. Makes me wanna just go to sleep already. Hope it doesn't do some crazy overnight move while I'm out.
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Seriously though, if this Iran de-escalation stuff is real, DXY should be tanking harder. But nope. Just sitting here. Maybe it's a trap and it'll spike back up when everyone least expects it. Gotta stay awake for this.
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Renato, I hear you on the DXY feeling sluggish. It's weird because you'd expect the geopolitical tensions to boost it, but it's acting more correlated to risk-on lately, almost like a tech stock. The EUR/USD is creeping up against it, which is a classic inverse relationship. If that holds, DXY might struggle to gain traction.
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@renatosantiago91 I feel you man, DXY is just choppping sideways. It's like it doesn't know what to do with itself. That Iran news should have been a catalyst but it's doing nothing.