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US Dollar Index News

US Dollar News

GBP/USD Outlook Favors ‘Buying Dips’ Ahead of Hawkish BoE Minutes

Fri Apr 18 16:05:00 GMT 2014 | By , Currency Analyst
The Dow Jones-FXCM U.S. Dollar Index remains capped by 10,470, while the GBP/USD outlook remains bullish going into the Bank of England (BoE) Minutes.

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US Dollar Index Vital Statistics

Symbol Volatility Trend

Support & Resistance

S1: 10420 m
S2: 10393 s
S3: 10355 s
      R3: 10518 m
R2: 10495 s
R1: 10460 m

About Dow Jones FXCM US Dollar Index

The Dow Jones FXCM Dollar Index reflects the change in value of the U.S dollar measured against a basket of the most liquid currencies in the world. The index represents a real-world, transparent approach to measuring the most economically significant currencies in the world in real-time.
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Trading the Index

FXCM has created a tradable Dollar Index Basket based on the Dow Jones FXCM Dollar Index methodology.
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