Tuesday, August 28, 2012

What Is the DXY Dollar Index?

The DXY is an indicator that many market watchers and commentators reference and quote. So what is the DXY or US Dollar index?


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The DXY is a geometrically weighted index of some of the major trading partners of the United States. The composition if the DXY Index is heavily weighted towards the Euro and European countries that have not joined the European common market. The components of the DXY Index are (by weighting): Euro (57.6%), Japanese Yen (13.6%), Great Britain- Pounds Sterling (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and Swiss Franc (3.6%). Because of the composition of the DXY, it is sometimes referred to as the Anti-Euro Index.

The DXY is a convenient index to use as a simple method for referencing strength and weakness of the US Dollar (USD). But its ubiquity disguises the fact that it does not reflect the value of the dollar against a broad enough basket of currencies. The DXY was created by JP Morgan in 1973, and it has only been updated once, for the introduction of the Euro currency.

What Is the DXY Dollar Index?

The DXY is heavily weighted towards European currencies, it underweight's the Canadian Dollar, as a proportion of US trade, and it largely ignores important Asian and Pacific trading partners, including Korea, Australia, Taiwan and necessarily China. Even if one were interested in including the Chinese Renminbi (Yuan) it would be both difficult and of questionable informational value to include the Renminbi because China keeps their currency pegged to a range that is based on the dollar.

A more accurate basket of currencies to track the relative value of the USD would be to value the dollar against the top US trading partners. The top 6 US trading partners, from high to low are: Canada, China, Mexico, Japan, Germany and the UK. It's hard to say why JP Morgan created this index and how it came into such prominence. One odd thing about this index is you cannot trade it. There is no market that you can go to and buy the DXY. The closest you can get are futures and options contracts traded on the InterContinental Exchange (ICE).

If it's so inaccurate, then why is it so widely quoted? While there are more accurate ways to benchmark the USD, absolute precision is not always important for an indicator. Many traders and institutions likely have their own indices that they use to track the USD, but for the sake of comparison, it is very convenient to have a common index. The DXY is also highly correlated to a trade-weighted index most of the time. Relative strength or weakness moves by the USD represents huge flows of money. As I've written previously, the recent +10% move by the DXY represents more than trillion of nominal wealth destruction. Moves of this magnitude do not happen in a vacuum and the relative weakness of the DXY is mirrored by corresponding weakness in the trade-weighted index.

While there are shortcomings, the DXY does serve as a reliable indicator of USD strength and weakness and can be used as such, as long as one keeps in mind that it will occasionally be skewed if there are large currency moves that occur in the Euro.

What Is the DXY Dollar Index?

Christian Koch is the VP of Product Research and Market Development for Buy N Sell Gold
Email Christian: christian@buynsellgold.com
He is a trained economist with nearly 7 years of experience analyzing markets and recently has been specializing in the Gold and Silver commodities markets. Check out Buy N Sell Gold: http://www.buynsellgold.com
His personal blog: http://ckochx.wordpress.com

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Sunday, August 26, 2012

Collecting Social Security Benefits of an Ex-Spouse

Social Security benefits provide an income for retired or disabled people and their dependents. If a spouse dies, the surviving dependent spouse is generally entitled to the benefits.

In some cases, a former spouse may still collect some Social Security benefits of an ex-spouse. Generally, retirement accounts are part of the marital settlement discussion, but Social Security usually isn't.

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Upon reaching full retirement age, a divorced spouse may receive up to half of their ex-spouse's Social Security benefit amount. In order to be eligible the marriage must have lasted for 10 or more years, the dependent spouse must not have remarried and must not be entitled to their own benefits that exceed half of the former spouse's full benefit amount.

Collecting Social Security Benefits of an Ex-Spouse

To collect an ex-spouse's benefits, the ex-spouse must be eligible to receive their own benefits. If all requirements are met, the ex-dependent spouse may apply for the benefits, even if the spouse is deceased or has not yet applied.

If the ex-spouse is not already receiving their own Social Security benefits, they are required to wait two years after the divorce is final to apply for the spouse's. If they are receiving their own, the two-year waiting period doesn't apply.

Receiving Social Security Benefits of a Deceased Ex-Spouse

When an ex-spouse is deceased, the ex-dependent spouse may be able to collect Social Security benefits at 60 years old, and 50 years old if disabled. The ex-dependent spouse may be entitled to receive 100 percent of the amount if the deceased was fully insured at the time of death.

In some cases, an ex-spouse may be eligible to receive the benefits, even if the marriage was shorter than 10 years. Exceptions are sometimes made if the divorced dependent ex-spouse is caring for a child of the deceased who is under 16 years of age or disabled. To qualify to receive the benefits, the ex-dependent spouse must not have remarried and not be entitled to the same or higher amount of benefits of their own. The will be eligible as long as the child is under 16 or disabled.

There is no limit on how many ex-dependent spouses may receive Social Security benefits from a deceased ex-spouse. The rate is not reduced according to the number of ex-dependent spouses who collect benefits.

Applying for Social Security Benefits

Eligible ex-dependent spouses do not automatically begin receiving Social Security. They must file an application with the Social Security Administration. This can be done in-person at a local SSA office, at www.ssa.gov or by calling 800-772-1213.

After applying, the spouse will be required to provide an original birth certificate, Social Security card, marriage license and divorce [http://www.totaldivorce.com] decree to the SSA. If the ex-spouse is deceased, a copy of the death certificate must also be provided.

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Deborah Smith

Writer about divorce and family law at [http://www.totaldivorce.com]

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Wednesday, August 22, 2012

Forex Price Action Strategies

When considering trading the forex market it is important that you know what strategy you are going to employ before you start trading real money. Trading the forex market with price action strategies can be a very effective and efficient way to make your trading decisions. When you understand how forex price action works, you put yourself in the very powerful position of being able to accurately read a "naked" or indicator-free price chart. Having the knowledge to read a naked price forex chart will also give you the power to read price charts in any financial market, not just forex, should you decide to do so.

By using price action only setups to trade the forex market you will effectively be basing all of your trading decisions off of a simple and clear trading mindset because the simplicity of such setups will permeate throughout all of your trading activities. Many beginning and experienced forex traders alike get caught up with trying to trade overly-complicated trading systems that seem effective on the surface but in the end bring nothing but struggle, lost time, and lost money. If you are aware of this fact before you get to deep into forex trading you can prevent yourself from falling into this common trap of trying to use overly-complicated trading systems by employing a simple yet very effective strategy like forex price only trading.

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Price action forex trading will provide you with high probability trade setups that can help you time your entries into the market much better and more accurately than most lagging indicator methods can. This is because you are getting the trade setups as they develop instead of trying to interpret some indicator's depiction of past price movement. Many of the forex price-only trading setups that various price action mentors teach are simple 1, 2, or 3 bar setups that can be entered immediately after the price bar closes out. This means you have the potential to enter the market as close to a turning point or trend resumption point as possible, granted there is some discretion involved and any strategy will always experience losing trades including price only trading; however, if you become a good discretionary forex price only trader there really is no more accurate trading strategy in existence.

Forex Price Action Strategies

To effectively learn to use forex price action trading on an on-going basis it is a good idea to enlist the help of a trading mentor or some other experienced forex price-only trader you may know. The discretionary aspect of price action forex trading is something that is easiest to learn from someone who has already mastered it; otherwise you might have to endure a lengthy period of trial and error. If you stick to simple yet effective forex trading strategies like forex price action trading, you will give yourself an excellent chance at experiencing a much more streamlined and profitable career as a forex trader now and into the future.

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Nial Fuller is a Respected Trader and Forex Coach. He Runs Forex Training and Education Website, Visit his site here: http://www.learntotradethemarket.com/

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Wednesday, August 15, 2012

Top 10 Birthday Gifts For Girls

Kids love opening "real" presents-don't resort to offering a gift card for your next birthday gift. You can offer a fun present that your child (or a friend) will enjoy playing with, and get some other real benefits as well. Choose outdoor toys to encourage physical activity, or an art set to get the creative juices flowing. Consider bringing one of the following "girl" gifts to your next party:

1. Barbie with clothing: If you are at all crafty, you can knit, crochet, or sew a unique, one of a kind Barbie wardrobe. Looks for scraps of sparkly and embroidered fabrics or yarns to make your child's Barbie the best dressed on the block.

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2. Sewing Machine: Choose a basic "grown up" sewing machine equipped with a simple zigzag and straight stitch for an older girl. Girls under 9 may prefer a child sized machine with the same functions. Include a basic sewing book and some fabrics to get her started. This is an "old fashioned" gift, but learning to sew and craft at an early age promotes both creativity and manual dexterity.

Top 10 Birthday Gifts For Girls

3. Salon Trip: Plan a mini salon day, including a haircut and style, and a simple manicure and pedicure. This is a great way to spend some one on one time with your daughter, no matter how old she is.

4. Sports Equipment: Sports are not just for boys! Most little girls will enjoy a t-ball set or similar item, and girls of all ages can play basketball or soccer. Playing sports builds confidence and fitness, and a child that enjoys sports will develop healthy habits that last a lifetime.

5. Play House or Kitchen Set: Even young toddlers enjoy pretend play. If you provide your daughter with a pretend house or kitchen, you are providing her with the opportunity to play "pretend", and role play as well.

6. Bicycle, Skates, or Skateboard: Provide a fun way to get around, and add a matching helmet and safety gear as needed.

7. Cooking or baking set: Depending on your child's age, you can provide a "real" set of cooking utensils, and possibly some cooking lessons. If your child is interested, you can seek out classes in cake decorating, artisan breads, or other specialty items. This gift is not limited to girls-many boys enjoy cooking as well!

8. Art set: Assemble your own art set using a tackle box and basic art supplies. Include paint and brushes, paper, pastels, canvas, scissors, and other fine art supplies. You can also include a collapsible easel for your budding artist to work on.

9. Scrapbook Set: Select or make a scrapbooking kit, including an album, specialty papers, scissors, punches and stickers. Include an inexpensive camera, and your child can scrapbook using her own photos.

10. Petting Zoo party: If your child is the birthday girl, rent a petting zoo for the big day- hire a travel petting zoo for the day. These small businesses will set up in your backyard, and bring along a variety of kid-friendly animals for your child to meet and learn about. The best travel zoos include an "animal talk" as well, and let your child and her guests meet and learn about animals right in your own backyard.

Top 10 Birthday Gifts For Girls

Denise Sanger is the owner of NewCoolToysOnline.com which features a fantastic selection of outdoor toys including ride-on toys and battery ride on toys for girls.  The company is located in Sunny Florida and may be reached 877-950-7665.

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Saturday, August 11, 2012

Top 10 Factors Which Can Affect Male Fertility - Demystifying Male Infertility

The heartache of infertility affects everyone. Both men and women suffer when the dream of trying to conceive a child, doesn't seem to be coming true. While this occurs, many women will find themselves in many a specialist's office, in efforts to determine exactly where the problem lies.

How about the guys? It has been shown that 40 to 50 % of couples experiencing infertility will have a male factor, that is a problem with the quality, quantity or movement (also known as motility) of the sperm. Low sperm counts, infection, erectile dysfunction, and other health problems should be evaluated by a physician early in the fertility work up to identify and correct simple problems or identify more serious problems. What is certain however is that male factor can significantly effect decisions couples make regarding their family planning.

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If you and your partner have been trying to conceive for six months or more without success, both of you need to be fully evaluated to determine if and where problems exist. If you and your partner have suffered multiple miscarriages or previously failed In Vitro Fertilization (IVF) cycles, the problem can also be male related.

Top 10 Factors Which Can Affect Male Fertility - Demystifying Male Infertility

Failure of implantation (the normal growth of the placenta early in the pregnancy) can result form poor embryo quality, such as a genetic problem. When fertilization occurs when the egg from the female combines with the sperm of the male partner. The sizes are different and the sperm DNA need to swell and then shrink to match up with the DNA of the egg. When this process is successful an embryo can form. If there is a problem with the DNA of either the sperm or the egg, the DNA of the resulting embryo can fail, causing failure of implantation or early miscarriage. (1).

The following are a list of the 'Top 10' factors which can affect male fertility.

#1 - Do you smoke? Or use smokeless tobacco?

We all know that smoking and chewing tobacco is unhealthy for a variety of reasons. Now, here's one more! These products contain nicotine and other harmful substances. Smoking causes vasoconstrictriction which makes blood vessels smaller. This can reduce the amount of blood flow to vital organs and decrease the amount of oxygen and nutrients delivered to them. Stopping these products can improve factors in as little as 3 months.

#2 - How much alcohol do you consume in 1 week?

Be honest. More than 3 to 5 drinks per week can be unhealthy, especially if you are trying to have a baby. Binge drinking can also be unhealthy, which is more than 5 drinks in a day. That may not sound like much, but binge drinking can be considered alcohol abuse and can be a sign of depression. If you are concerned about the amount of alcohol you consume, please discuss this candidly with your health care provider.

#3 - Are you overweight?

Along with the known health risks of being overweight (risk of high blood pressure, heart disease or stroke) being overweight can also effect sperm production. Adipose tissue (fat) can store excess amounts of the female hormone Estrogen. This hormone can be responsible for hormone imbalances causing a decrease in the production of testosterone, the primary male hormone needed for sperm production. Excess amounts of estrogen can give the appearance of man breasts and also interfere with the arousal phase required for erection and ejaculation. If you have any concerns about these problems be sure to address them with your physician.

#4 - Have you had an injury to the groin area? Have you had surgery to the groin area?

Undescended testicles, hernias or varcoceles are conditions that can affect sperm production or sperm transportation. If you have been treated by a urologist in the past it is very important to inform your fertility specialist.

#5 - Do you have health problems that warrant the need for medications?

High blood pressure, diabetes, high cholesterol, thyroid problems, arthritis, alcoholism, and drug addiction are some commonly identified problems. The medications to treat these conditions, alone, can be harmful to sperm production. Check with your physician or pharmacist to see if your medication could be decreasing your fertility potential.

#6 - Have you experienced a fever or illness within the last 3 months?

In order for a sperm cell to be mature enough to fertilize an egg it take about 3 months to develop. A fever or illness can affect newly developing sperm. Also, medications such as antibiotics can interfere with sperm production. Tell your physician all of the medications you have taken in the last 3-month, that includes over the counter medications.

#7 - What is your occupation?

Some jobs, by their nature can affect fertility potential. If you are exposed to chemicals or toxins on a regular basis, you may need a male fertility workup with advanced testing to see if these chemical or toxins have affected the DNA in your sperm. Avoiding exposure to known toxins would be important while you are trying to have a baby. Prolonged sitting or jobs that generate a lot of body heat can cause the groin area to be subjected to higher temperatures and be potentially harmful to developing sperm. The scrotum is design to keep the testes protected from extreme temperatures, hot or cold, allowing the testes to be moved closer or further from the body depending on the temperature.

#8 - What are your hobbies or activities?

Some hobbies involve solvents or chemicals. Others such as bicycling or excessive exercising can increase your body's core temperature. Discuss your hobbies and activities at your fertility consultation.

#9 - Do you use recreational drugs?

Marijuana, cocaine, Methamphetamines or any recreational drug are unhealthy and potentially dangerous. Drug use can also be a sign of excess stress and inappropriate coping. If you are using drugs, stop. If you are having problems with stress, anxiety or depression, talk to your doctor. It is better to take care of yourself now so that you will be healthy, and sober when the new baby arrives.

# 10 - How often do you use hot tubs or take hot baths?

Excessive heat to the groin area has been linked to poor sperm quality. Keep the temperature comfortable. Avoid excessive heat while you are tying to conceive. Loose comfortable clothing (yes, Boxers) can allow the groin area to be less heated.

Remember, this information is being provided to help with Pre-Conception planning. It is intended to offer education but is not designed to replace the assessment of a health care professional.

Top 10 Factors Which Can Affect Male Fertility - Demystifying Male Infertility

Feel free to contact Women's Specialty Health Centers, P.C., Center for Reproductive Loss, Becky Waldman, at (317) 774-1200 for further assistance. Infertility Treatment Center

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