Every trader needs to understand what the dollar index is and how it can be used in the trading world. The dollar index is a measurement of the value of the US dollar compared to other currencies. It’s a representation of the strength of the dollar and can be used to predict the direction of […]
Category: Currency
How Interest Rates Influence The Value of The U.S. Dollar
Interest rates play a pivotal role in today’s financial system, and they have a direct impact on the U.S. dollar’s value. When interest rates rise, it typically leads to higher inflation. This has a knock-on effect on the value of the dollar as investors buy assets that are stable in value like gold or cryptocurrencies […]
