Dollar Index Update – Are We Moving Higher?

July 16th, 2009 | Filed under: Financial Markets, ,

The US dollar always has a big say in how various commodities will move. You can see that with it being a downtrend for nearly a decade now, it has ultimately caused some problems for many of us in the United States.

While the US dollar was supposed to lose ground against its counter parties, the market has remained surprisingly stubborn and trapped in a sideways trading range. The following video takes a look at what is developing within the dollar index.

Check out video – Dollar Index Updated July 15, 2009

Dollar Index Update July 15, 2009

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Read more on AMEX Dollar Index (DXY), U.S. Dollar (USD) at Wikinvest