The US Dollar Index Currency Basket.  

Forex Smart Trade Results, Tuesday, May 14, 2024 – $6,892

Today’s-Forex-Smart-Trade’s-Trade-Results
Forex Smart Trade Results, Monday, May 13, 2024 – $5,805
May 20, 2024
Today’s-Forex-Smart-Trade’s-Trade-Results
Forex Smart Trade Results, Wednesday, May 15, 2024 – $1,530
May 20, 2024

Forex Smart Trade Results, Tuesday, May 14, 2024 – $6,892

Today’s-Forex-Smart-Trade’s-Trade-Results

The US Dollar Index Currency Basket.

The U.S. Dollar Index consists of SIX foreign currencies. They are the:

  1. Euro (EUR)
  2. Japanese Yen (JPY)
  3. British Pound (GBP)
  4. Canadian dollar (CAD)
  5. Swedish Krona (SEK)
  6. Swiss Franc (CHF)

Here’s a trick question.

If the index is made up of 6 currencies, how many countries are included?

Answer “6”, and you’d be wrong.

If you answered “24”, you’re a genius!

The euro is the official currency of 19 of the 27 member states of the European Union.

Add the other five countries (Japan, Great Britain, Canada, Sweden, and Switzerland) and their accompanying currencies.

And you get 24!

It’s obvious that 24 countries make up a small portion of the world but many other currencies follow the U.S. Dollar index very closely.

This makes the USDX a pretty good tool for measuring the U.S. dollar’s global strength.

USDX can be traded as a futures contract (DX) on the Intercontinental Exchange (ICE).

It is also available in exchange-traded funds (ETFs), contracts for difference (CFDs), and options.

Today’s-Forex-Smart-Trade’s-Trade-Results

Learn to Trade Forex

If you’d like to earn extra income trading on the Forex market, consider learning how to currency trade with Forex Smart Trade.   With their super-accurate proprietary trading tools and best-in-the-business, personalized one-on-one training, you’ll be successful.  Check out the Forex Smart Trade webinar.  It shows one of their trader’s trading and how easy, intuitive, and accurate the tools are.  Or try the Forex Smart Trade 14-day introductory trial for just TEN dollars.

Currency trading is very risky. My results are not typical. We provide a 14-day trial so you can assess the value of our indicators and tools for yourself.

www.ForexSmartTrade.com

Verify Forex Smart Trade LLC