Rambus has been highlighting a new Dollar Chart

The Bloomberg Wisdomtree Dollar : USDU

This “etf” is comprised of shorts on a different mix of trade weighted currencies including the Chinese Yuan
and Mexican Peso Aussie Dollar and other currencies . It has a smaller Euro Weighting.

I think the DX (Dollar Index ) that we ALL follow as a gauge of Dollar strength is flawed and always has been…It is for the most part just the anti Euro .

This New USDU etf more representative of the US Dollar Strength or Weakness vs the rest of the world

Here is Rambus Chart on this Dollar…It has broken out and is backtesting as we speak…Very Bullish chart .

usdu-day-breakout

And YES it matters

Here is the ETF info

http://www.etf.com/USDU