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September 24, 2024

What Is the U.S. Dollar Index (USDX) And What Currencies are included in it

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The U.S. dollar index (USDX) is a metric that quantifies the value of the U.S. dollar in reference to a basket of foreign currencies. The U.S. Federal Reserve established the

August 15, 2024

UK Economy Bounces Back: GDP Growth Gives Pound a Boost

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The euro maintained over $1.10, close to its seven-month high the day before, supported by data suggesting decreasing U.S. inflation, which bolstered predictions of a Fed rate drop next month.