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US Dollar Index Futures CFD, based on the USDX index futures, which measures the USD against the world's most-traded currencies. Future-ICE
US Dollar Index Futures CFD, based on the USDX index futures, which measures the USD against the world's most-traded currencies. Future-ICE
| Spread | 0.03 | Spread (%) | 0.03% |
|---|---|---|---|
| Overnight funding - Buy | -0.0283% | Overnight funding - Sell | 0.0009% |
| Initial margin | 20.00% | Maintenance margin | 10.00% |
| Leverage | 1:5 | Expires daily | No |
| Futures Contract | December 2023 | ||
| Automatic rollover | |||
| Name | Sell | Sell button / Change | Buy | Change | ||
|---|---|---|---|---|---|---|
| {{item.Name}} | {{item.SellPrice}} | Sell | {{item.BuyPrice}} | Buy | {{item.ChangePercentText}} | Trade |
As the USD surges and a government shutdown looms on the horizon, the outlook for the American economy is uncertain.
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With the US approaching its debt ceiling, investors may be looking for safety in the dollar as the country could fall into default as soon as after the June 1 deadline.
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The U.S. dollar fell 0.6% following Wednesday’s release of the March CPI report and FOMC minutes. The combination of the data led to growing expectations that the Fed could cut rates later in the year.
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