USD Index The USD Index, used to measure the overall strength of the Greenback against a basket of other currencies, paused its post-election rally and reached its lowest level in 11 days after skyrocketing over…
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Euro Fights Back, Yen Hits 6 Month Low and Dollar Still King
EURUSD – 10 Day Decline The big question as the market reopened on Sunday night is – “can this continue?” Surely by now the Euro must be oversold. Every technical indicator is telling us that…
BEGINNER’S GUIDE: Gauge the Strength of the Greenback with the USD Index
Gauge the Strength of the Greenback with the USD Index. Smart Forex traders use multiple methods to gauge the strength of the USD. One of the best ways to gauge the overall strength of the…
CURRENCY PROFILE: Help for Trading the United States Dollar (USD)
You may have been trading the Forex currency market for years, but do you really understand the general economic characteristics of the currency you are trading? This series takes a snapshot of each of…
