What Is the U S. Dollar Index USDX and How to Trade It
Lower rates make U.S. investments less attractive because the returns are smaller. This can decrease demand for the dollar, leading to a weaker dollar and a lower USDX. For example, even anticipation of Fed rate cuts weakened the dollar in advance, as investors expected lower returns from U.S. assets, pushing the USDX down. TradingPedia.com will …
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