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DXY

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Alex

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DXY isn't important fro Forex trading, especially for major currency. Its show money flows to first currency
or off currency, you can find out the financial stories only if you look out the big chart
you can see some major trend on DXY chart

 
DXY Moved between 92 to 100.5 since January. recently bullish trend May 2016. we can see its broke then downtrent line
 
DXY is too EUR weighted to use as consensus to how USD is doing globally. Look at a trade weighted index instead from bloomberg et al
 
Software engineers may not be required to have money related, trading or forex knowledge to work for a forex brokerage, however knowledge right now be a major bit of leeway. In the event that you have forex trading experience, odds are you'll have a vastly improved thought of what customers are searching for in forex software. Software quality is a major differentiator for forex brokerages and a key to the organization's prosperity.
 

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