It has gone though a major 90 year bear market, and it is ending in the last so many years here, the sentiment towards it is a function by which the 'few' are well inform as to observing the 'many' in how they just see it as the market of an all controlling market towards others.
Nothing is so far from the truth as it is just a or one market of many, a nations currency is the back bone of that nation, a currency is the strength in how its military is seen world over.
Being that is so low, one can suggest much as to how many see American 'might' today, and more to the fact as its head leader a 'prime example' as to what many see though him of America in general.
These are the reason to fact that everyone watches it, not sensing or seeing it at this time in history as being the 'best investment' one could have today but few would even take note of it.
There are no inter market relationships what so ever in 'any' market, all markets are a function of individual investment between those that invest. It is the flow of investment that create the trends, these trends are a function of sentiment thereby created from the last trends of change of investments, being finish or starting anew.
The simply fact that so see interest in the DX market as a weight upon others suggest the very fact it has become an WMD or all investments in general.
Have a great one,
Z