Singapore Forex Trading Training Course, Earn second income with forex trading, forex coaching, make money freely
subscribe
FX, Futures, Stocks Analysis, Trading Strategy with Elliott Wave, Fibonacci & Price Action
Free Forex Seminar: SMS 8298 6982

Direction of Dollar Index unclear

The dollar index is made up of a basket of 6 currencies:

  1. Euro – 57.6%
  2. Japanese Yen – 13.6%
  3. Sterling Pound – 11.9%
  4. Canadian Dollar – 9.1%
  5. Swedish Krona – 4.2%
  6. Swiss Franc – 3.6%

The current weight was fixed since 1999.

Attached is a chart of the Dollar Index (DX). Its direction is unclear but a more definitive picture should be available in a couple of days only.

Direction of dollar unfolding

Leave a Reply

You must be logged in to post a comment.

Like TerraSeeds in Facebook

Address

TerraSeeds Market Technician Pte Ltd
3 Shenton Way Shenton House
Singapore 068805
Phone: (65) 6492 3196
SMS: (65) 8298 6982
Website: http://www.terraseeds.com
Email:forex@terraseeds.com

Our Latest Trade

Oil, WTI Long $97.80 avg
  • First Target Profit $108 - Won $10.20
  • Second Target Profit $110.70 - Pending
  • Third Target Profit $115.00 - Pending
See the trade...
Follow us at http:///www.twitter.com/terraseeds for our trades!