Dollar Index Hit 20-Year High! How to invest USD with USD?
@MaverickWealthBuilder:
Compare to short trade, a moderate long trade with ETF is more sustainable.Euro USD rate is about to under parity, which makes US dollar index surge to a 20-year high.What is the US dollar index?The US dollar index refers to the general international value of the US dollar, which is a measure of the value of the US dollar relative to a basket of foreign currencies. The US dollar index was established by the U.S. Federal Reserve in 1973 after the dissolution of the Bretton Woods Agreement. It is now maintained by ICE Data Indices, a subsdiary of $Intercontinental Exchange(ICE)$<