Forecasts
Forex Guides
Members

US Dollar Index and US Debt Review August 12

 

Good day forex traders.

Welcome to another review of the US Dollar Index and US debt.

We last visited on Mar 12 and back then the American economy was faring better compared to the Euro Zone due to the complications of the various Euro Zone nations budget deficits.

 

US Dollar Index

 

Looking at the US Dollar index chart above, we note that the US dollar generally became stronger since March 2012. This is once again due to the Euro Zone budget deficit crisis. Facing further complications involving the likes of Greece, Italy and Spain, the US economy seemed better poised for growth compared to the Euro Zone. From a technical point of view, do you see a vague head and shoulders pattern?

 

As of 9 March 2012, the total public debt is 15,517,051,724,148.90

As of 15 August 2012, the total public debt is 15,944,869,685,894.92

Source : TreasuryDirect

 

Comparing to the last review, the US debt increased. Long time readers will know that i am not optimistic on the debt situation of the US. This debt is like wood waiting for a spark to ignite. Should the Euro Zone shape up and solve the complications, the massive US debt may become a spotlight and face extreme scrutiny.

Trade Safely.

Invest In Yourself And Get Premium Analysis
Less than 20 cents a day
Major Currency Pairs Analysis
Forex Sentiment Analysis
Understand The Market
10 days money back guarantee

View Subscription Options

Would you like to connect?
Get notifications on new forecasts and articles.

Sign up to our emailing list and get your FREE Stop Losing and Start Winning in Forex Checklist!

Trending Forex Articles

  • US Dollar Index and US Debt Review August 12
  • US Dollar Index and US Debt Review August 12
  • US Dollar Index and US Debt Review August 12
  • EUR/USD Gold CorrelationUS Dollar Index and US Debt Review August 12
  • US Dollar Index and US Debt Review August 12
  • US Dollar Index and US Debt Review August 12
TheGeekKnows