If there's one thing everyone understands about foreign exchange, it's this (DXY)

The foreign exchange markets are incredibly complicated. Local interest rates, monetary policy, trade balances, etc. are among the myriad factors that can cause one currency to move up or down relative to another. But for anyone who can acknowledge the existence of foreign exchange, one thing is crystal clear: when your local currency appreciates, then it's time to take that vacation abroad. When your currency is strong and your destination's currency is weak, everything you buy at your destinat...