Is it time for the dollar index to rally?

The dollar index, which put in a strong performance in the
first six months of the year, pulled back from its recent
highs and appears to be in defensive mode.

If you are not familiar with the US dollar index (USDX), it
is an index, or measure, of the value of the United States
dollar relative to a basket of foreign currencies.

http://www.ino.com/info/584/CD16/&dp=0&l=0&campaignid=3

Its weighted geometric mean of the dollar's value is compared
with these currencies in the following percentages:

* Euro (EUR), 57.6% weight
* Japanese yen (JPY), 13.6% weight
* Pound sterling (GBP), 11.9% weight
* Canadian dollar (CAD), 9.1% weight
* Swedish krona (SEK), 4.2% weight
* Swiss franc (CHF) 3.6% weight

In this short educational video, I point out what we see in the
dollar index and the reason why we think a potential rally may
be in the foreseeable future.

As always our videos are free to watch and there is no need for
registration.

If you'd like to make a comment on this or any of our videos,
we enjoy hearing your thoughts.

http://www.ino.com/info/584/CD16/&dp=0&l=0&campaignid=3

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub