4 ms·
> Another interesting USD metric to track is the DXY, frequently referred to as the dollar index which comparatively tracks USD strength to a selected basket of
by qeternity 5y ago
> Another interesting USD metric to track is the DXY, frequently referred to as the dollar index which comparatively tracks USD strength to a selected basket of currencies.
DXY is not all that interesting in reality (financial media aside). All other central banks basically act relative to the dollar (see BOE recently). The DXY is important for international trade or certain rates trades but not really related to money supply.