THE DXY IS ONLY MADE UP OF 6 MAJOR CURRENCIES MEASURED AGAINST THE DOLLAR:
EUR (57.6% OF THE WEIGHTING),
JPY (13.6%),
GBP (11.9%),
CAD (9.1%),
SEK (4.2%),
CHF (3.6%)
A MISTAKE MANY PEOPLE MAKE WHEN PREDICTING THE DOLLAR'S STRENGTH IS USING THE DXY AS A GAUGE FOR ALL CURRENCIES' PERFORMANCES AGAINST THE DOLLAR!
EMERGING MARKET AND MANY OTHER MAJOR CURRENCIES ARE...