The US Dollar Index

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INDEX INTELLIGENCE: EUI—Dollar Rally Pulls Up the USD/Euro Index
By Frederic Ruffy, Optionetics.com
Published: June 13, 2007 6:15 PM EST

The recent rise in US rates has helped the dollar. On Wednesday, the greenback rose to 5-year highs against the Japanese yen. After a long slump, the buck is also performing better against the euro. If the trend continues, it might offer some profit opportunities in the form of bullish strategies on the dollar. You don’t have n foreign exchange account? Don’t worry. There is another way to play the euro/dollar currency pair via a relatively new index that trades on the International Securities Exchange (ISE).

http://www.optionetics.com/articles/article.asp?id=17459