Market Movers Beyond DXY – Quick Reference Guide
As a day trader, it's crucial to watch more than just DXY. Here are the key global indicators
that move major currency pairs and how to use them in your daily analysis.
🌍 Major Market Movers (Apart from DXY)
1. 1. Bond Yields (U.S. 10-Year)
• Impact: Rising yields often strengthen the USD.
• Watch for: Yield spikes = strong USD, falling yields = weaker USD.
• Pairs affected: All USD pairs (EUR/USD, GBP/USD, USD/JPY, etc.)
2. 2. Commodities
• Gold (XAU/USD): Moves inversely to USD and aligns with AUD.
• Oil (WTI): Strongly affects USD/CAD (Canada is a major oil exporter).
• Iron Ore/Copper: Affect AUD and NZD due to resource-based economies.
3. 3. Global Stock Indices
• S&P 500, Nasdaq, Dow Jones:
 - Rallies = “risk-on” (AUD, NZD, GBP, EUR rise)
 - Selloffs = “risk-off” (USD, JPY, CHF strengthen)
4. 4. Interest Rate Decisions & Economic Data
• Watch central banks: Fed, ECB, BOE, BOJ, BOC, RBA.
• Key reports: NFP, CPI, PMI, Retail Sales.
• Affects: All major pairs depending on region.
5. 5. Geopolitical Events
• Wars, elections, political unrest can shift currencies.
• Safe havens: USD, JPY, CHF strengthen during uncertainty.
🔎 Suggested Daily Watch Routine
Time (ET)                                         What to Check
7:30 AM                                           U.S. 10-Year Yield, DXY, Oil, Gold
8:00 AM    Pre-market stock sentiment (S&P Futures)
8:30 AM    News releases (CPI, NFP, Retail Sales, etc.)
9:00 AM    Technical setups on major pairs
12:00 PM   Review open trades or potential breakouts