dxy finds a dead cat bounce near 98.00, upbeat market mood weighs pressure
The U.S. Dollar Index is an index of the value of the United States dollar relative to a basket of foreign currencies. These currencies are the Euro , Japanese Yen , British Pound , Canadian Dollar , Swedish Krona and Swiss Franc . The index started in 1973 -with the absolution of Bretton Woods- with a base of 100.000, and values since then are relative to this base. For example, if the current reading says 99.800, this means that the dollar has fallen 0.2% since the start of the index .
The US Dollar Index news can be seriously affected by the decisions taken by these organizations and people:. The Fed controls the monetary policy, through active duties such as managing interest rates, setting the reserve requirement, and acting as a lender of last resort to the banking sector during times of bank insolvency or financial crisis.: events as administration statements, budget, new laws and regulations or fiscal policy can increase or decrease the value of the Dollar Index.
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Yale Law School Again Ranked First In Nation By U.S. NewsI am president emeritus of Missouri State University. After earning my B.A. from Wheaton College (Illinois), I was awarded a Ph.D. in clinical psychology from the University of Illinois in 1973. I then joined the faculty at the University of Kentucky, where I progressed through the professorial ranks and served as director of the Clinical Psychology Program, chair of the department of psychology, dean of the graduate school, and provost. In 2005, I was appointed president of Missouri State University. Following retirement from Missouri State in 2011, I became senior policy advisor to Missouri Governor Jay Nixon. Recently, I have authored two books: Degrees and Pedigrees: The Education of America's Top Executives (2017) and Coming to Grips With Higher Education (2018), both published by Rowman & Littlefield.
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