Dollar Index Explained

The U.S. Dollar index is a geometrically average of six currencies weighted against the U.S. dollar. It was created by the Federal Reserve in 1973 and the ICE USDX index is the trading vehicle for it. The index contains six currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc. The euro…

General Terms – Investing, Trading, Finance And What Not?

A Abenomics Abenomics (a portmanteau of Abe and economics) refers to the economic policies advocated by Shinzō Abe, the Prime Minister of Japan. Abenomics is meant to resolve Japan’s macroeconomic problems. It consists of monetary policy, fiscal policy, and economic growth strategies to encourage private investment. The detailed policies includes inflation targeting at a 2%…