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Hi David,

Thanks for the great videos.

You talked about floating currencies and how they get their values and how governments can intervene to decrease or increase their currencies.looking at,for example EUR/USD chart,we know the Euro is going towards parity with dollar in the next few month(based on technical and fundamentals).but when you look at USD Index you have few big reasons for dollar to go UP.
My question is which one follows other? I mean does for instance Euro/USD (or USD vs baskets of other currencies)define and set USD Index value or USD index has its own domestic valuations and does not necessarily take the similar patterns and movements? (or is there ONE USD value so when USD Index is going UP we should necessarily expect the EUR/USD to go DOWN??)
I hope I make sense here and was able to ask my question!

I will appreciate your answer.

Many Thanks,

Mike