US Dollar Index is once again gaining strength. The US Dollar Index (USDX) is an index that measures the strength of the US Dollar (USD) against a basket of other currencies. USDX was started in 1973 after the demise of the Bretton Woods System that put an end to fixed currencies regimes and ushered in free floating currencies where the price of the currency is determined by the forces of supply and demand in the currency market. The base value of USDX is 100.
USDX is often used as an analy
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