Alex’s EEM & DXY Update
By Alex January 6, 2021
Welcome back to the Trading Analysis weekly Macro Update. In this video update we dive into the charts of Emerging Markets (EEM specifically), as well as the US Dollar Index, or DXY for short. The EEM which is an ETF, is designed to measure equity market performance in global emerging markets. The US Dollar Index is of great significance, as some 70% of global funding is denominated in the US Dollar. As a result, interest rates and dollar liquidity are closely monitored in emerging markets. Tune in to hear more from our Lead FX & Crypto Analyst, Alex.