Tag Archives: Dollar index

All I Need to Know about the State of Our Economy Is DXY:IND and GLD

Posted on July 26, 2011 by DRenegade

DXY:IND is the dollar spot index and GLD is the ETF for gold. The dollar spot index represents the value of our FRN vs. a basket of world currencies. Although the dollar has risen recently, this was an anomaly due to … Continue reading →

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Frank Roche Explains the Dollar Index

Posted on May 5, 2011 by DRenegade
http://www.youtube.com/watch?v=Z8nanjnXPgs”>httpv://www.youtube.com/watch?v=Z8nanjnXPgs

The government released data on May 5th  showing an unexpected increase in people filing for unemployment benefits. This caused the stock market to drop 100 points but due to the “bizarre correlation between equities and the dollar”, the US dollar … Continue reading →

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You Just Lost 3.7% of Your Savings in April

Posted on April 29, 2011 by DRenegade

The US dollar index on Bloomberg.com (DXY:IND) compares the value of our Federal Reserve Notes against a basket of other world currencies. As the value of our dollar declines through redistribution and the unchecked policies of the Federal Reserve, the … Continue reading →

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Who’s Got Your Dollar?

Posted on April 14, 2011 by DRenegade

The dollar index is a measure of the value of the U.S. dollar relative to majority of its most significant trading partners. This index is similar to other trade-weighted indexes, which also use the exchange rates from the same major … Continue reading →

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