Disliked{quote} When you say DAX down, this means that investors aren't confident in the stock market? Why then are you expecting the EUR to appreciate when investors are moving their funds elsewhere? Thanks for your patience.Ignored
Becouse DAX and Eur/USD is invers proportional .
When DAX is going up that means " good thinks for companies in Eur zone right ?" that means producing and seling more right ? So ... youre cost of producing is in EUR .. you sell in USD big time... ( Is better for you to produce cheaper ) ( DAX up Eur/usd down ) and ( DAX down, eur/usd up )
Just look in the past the relation betwin them is up - down every time