The DXY, or the dollar index, is inversely correlated with the markets (in this case). Overnight we saw a break of a critical Fib resistance level, so unless the Fed steps in and implements Yield Curve Control or a similar market positive policy, expect the dollar to move up to the next resistance level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.