That move in DXY is nothing compared to the massive move in gold and precious metals. Precious metals are up vs everything, and by a massive magnitude.
Bull market in gold vs oil, gold vs houses, gold vs stocks, gold vs bitcoin, gold vs dollars, gold vs euro, gold vs yen, etc.
DXY is back down to the same level it was at during the 1990s when gold was like $300/oz. That just compares the dollar vs other fiat currencies, and it's like a 13% move this year vs 100% for gold and nearly 300% for silver.
Bull market in gold vs oil, gold vs houses, gold vs stocks, gold vs bitcoin, gold vs dollars, gold vs euro, gold vs yen, etc.
DXY is back down to the same level it was at during the 1990s when gold was like $300/oz. That just compares the dollar vs other fiat currencies, and it's like a 13% move this year vs 100% for gold and nearly 300% for silver.