The U.S. dollar index is a basket of six major world currencies weighted against the greenback. See on the daily bar chart that the USDX hit a five-week high at mid-week. Also, a bullish head-and-shoulders bottom reversal pattern has formed on the daily chart, to suggest the USDX has put in a market low. The greenback bears are having a very good week, but that’s been a bearish element for many raw commodity markets, which are priced in U.S. dollars on the world markets. Stay tuned!–Jim
