$DXY relationship with Currencies and Index Futures:
🔸Forex = Dollar is going to be highly sensitive to forex and a much more impactful driver of price (unless its being manipulated and held in a consolidation)
🔹Index Futures = Follows the longer term draw of risk on/off with the Dollar. But sometimes the index can flex against that. Indices should follow along with DXY but not as strongly correlated as currencies would be.
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ICT GEM💎
$DXY relationship with Currencies and Index Futures:
🔸Forex = Dollar is going to be highly sensitive to forex and a much more impactful driver of price (unless its being manipulated and held in a consolidation)
🔹Index Futures = Follows the longer term draw of risk on/off with the Dollar. But sometimes the index can flex against that. Indices should follow along with DXY but not as strongly correlated as currencies would be.