9 sats \ 0 replies \ @faithandcredit 30 Sep 2022 \ parent \ on: China tells state banks for a massive dollar dump and yuan buying spree bitcoin
I have a feeling most people dont know what the DXY is. But its a basket of currencies, mostly euros, so of course its not effected by this news?
Here is the breakdown
Euro (EUR), 57.6% weight Japanese yen (JPY), 13.6% weight Pound sterling (GBP), 11.9% weight Canadian dollar (CAD), 9.1% weight Swedish krona (SEK), 4.2% weight Swiss franc (CHF), 3.6% weight
https://en.wikipedia.org/wiki/U.S._Dollar_Index
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