Bloomberg Dollar Spot Index
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A bond is an “IOU” issued by an entity when it needs to borrow money. These entities, such as governments,...
Historically, the price of oil is inversely related to the price of the U.S. dollar. The explanation for this relationship...
Before we detail the relationship between the com-dolls and gold, let’s first note that the U.S. dollar and gold don’t...
Let’s talk about the other kind of gold… the black one. As you may know, crude oil is often referred...
Ever wonder why the U.S. dollar strengthens both in times of tough luck and when the economy is booming like...
The Bloomberg Dollar Spot Index (BBDXY) tracks the performance of a basket of 10 global currencies against the U.S. dollar....
There is also another kind of U.S. dollar index. It was created by the Federal Reserve and is now used...
I bet you’re wondering, “How do I use this USDX in my trading arsenal?” Well, hold your trigger finger and...
Just like any currency pair, the US Dollar Index (USDX) even has its own chart. Holler at the U.S. Dollar...
If you’ve traded stocks, you’re probably familiar with all the indices available such as the Dow Jones Industrial Average (DJIA),...
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