Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?
Eur/usd jumped +3.15% today.
So...good time to buy dollars on the dip? Or will euro bubble? Should I hodl euros?
i think its going to be slightly safer to trade BTC/NOT_USD_FIAT
DXY was >100 a few days ago.
http://www.marketwatch.com/investing/index/dxybut i wouldn't trade based on your prediction of the USD/EUR.
DXY is just the "U.S. Dollar Index" it's a sum of all currencies traded against the USD
https://en.wikipedia.org/wiki/U.S._Dollar_Indexwith the Euro having 57% weight DXY is almost a mirror of the EUR/USD pair
i didn't realize EUR had so much weight on the dxy
but if the USD goes down wouldn't the CAD or CNY go up VS the USD?
or is the only way for USD to lose value is for others to gain?