The currency index is an illustration of the general economic stance, it allows trading in trend. The index forecast is often accurate unlike predictions on the currency pair. It is noted that movement of any currency pair is determined by one of the indices which usually outstrips the trend it gives you serious trading advantage. Moreover, the divergence of currency pair and index movements is also a useful factor if index does not confirm the advance of the pair, it can denote weakening of the trend.
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