The US Dollar Index Explained

You can understand trends in the forex market using the US Dollar Index. The US Dollar Index is traded on the New York Board of Trade at Finex and at the Chicago Mercantile Exchange (CME). The US Dollar Index is used by traders to get the big picture of the overall trend of the dollar. It is widely quoted in the press and on quote services. Learn swing trading . The US Dollar Index is similar to the Fed’s Dollar Index which is a trade weighted index. The Federal Reserve Board had introduce