The U.S. Dollar Index: A Deceptive Indicator of USD Strength

Filed in currencies, Dollar Strength, euro, Gold Investing, silver by on May 18, 2010 0 Comments

Most of the major financial news outlets and many investors have come to rely on the movements of the U.S. Dollar Index as a daily barometer of the U.S. dollar’s relative strength and weakness taking it on faith that the Dollar Index is the dollar – pure and simple. In reality, the Index offers a very distortive view of the movement of the dollar against the currencies that matter most. If anything, recent movements of the Index are a reflection of euro weakness rather than dollar strength. Words: 1019

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The U.S. Dollar Index: A Deceptive Indicator of USD Strength

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