The US dollar and other markets

Why the dollar moves almost everything

Professional - Gold & Platinum

In this lesson

Understand how the US dollar index affects commodities, emerging markets, crypto and the Canadian dollar.

Key takeaways

DXY measures the US dollar against a basket of major currencies (mostly the euro).
A strong dollar tends to pressure commodities, emerging markets and crypto; a weak dollar helps them.
The Canadian dollar is a commodity currency, often strengthening with oil.
These are tendencies; correlations change — check them.

Watch this lesson with Tessa. The full video, worked example, calculator, quiz and Ask Tessa are part of Money Globe X Gold and Platinum. Create your account to start learning.

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Educational information only - not financial advice.

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