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Futures For You | AUG 2011
Futures For You
The US Dollar Index seems to be overlooked. Are there opportunities there? Yes! The US Dollar Index (DX) futures contract, traded on the Intercontinental Exchange (Ic e), could be one of the most underrated futures products on the board. Let’s face it, traders are human and humans have an undeniable tendency to migrate toward the comfortable. Unfortunately, the dollar index is the oddball of the currency futures complex, simply because it doesn’t trade on the cm e Group with the others, and it carries different contract specifications. Nonetheless, it offers traders some attractive characteristics that can’t be found elsewhere, such as built-in diversity.
by Carley Garner
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