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US Dollar Index on the Brink as Dollar Meltdown Continues - Video

Currencies / US Dollar May 03, 2016 - 02:34 PM GMT

By: Mario_Innecco

Currencies

Transcript Excerpt: Tuesday May 3rd 2016 yes around 8:40 a.m. London time or 340 New York
time I'm gonna be talking currencies this morning as the dollar continues to
to drop you know quite quite sharply I had been covering the yen and how that's
been appreciating quite strongly against the dollar despite the fact that the BOJ
stepped up especially knowing the end of February stepped up their cue we and a
negative interest rates but this morning I will be talking a little bit the
dollar index dollar index is basically weights and measures the dollar against
a basket of currencies and this basket is composed of the following 57.6% euro
30.6% Japanese yen 11.9% British Pound 9.1% Canadian dollar four point to.


Best regards,

By Mario Innecco

http://forsoundmoney.com
A Futures and Options broker in London for twenty years

Mario Innecco Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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