The U.S. Dollar Index(USDX) indicates the general int'l value of the USD. The USDX does this by averaging the exchange rates between the USD and major world currencies. The ICE US computes this by using the rates supplied by some 500 banks. FOR REAL TIME SEE EIS ICEA<GO>.
In our “out of the box” series, we aim at being ahead of the current consensus narrative and think of the next theme that could drive price action...
The USD retains a soft undertone overall but trade is on the quiet side to start the week and tomorrow’s US CPI report—and no data of note today—...
The USD is trading lower for a fourth day (so far) in succession, something we haven’t seen in terms of the USD’s broad performance since the end...