The USDX, or US Dollar Index, measures the value of the US dollar against a select basket of foreign currencies [usually US trading partners]. It’s a weighted generic mean of the value. It dates from 1973. It has only been revised once, at the introduction of the Euro, and is in need of a second revision to accurately reflect the rise of Asian trading partners.
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HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.
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