What Is a Currency Basket and How It Measures Dollar Strength?
What is a currency basket? Learn how it works and why it's essential for measuring dollar strength in global forex markets.
About the analyst
Vinit Makol
Lead Strategist and Market Analyst at Edge-Forex
Vinit Makol is a forex trader, strategist and market analyst with more than 20 years of experience in forex and financial markets.
As lead strategist and analyst at Edge-Forex, he writes about currencies, central-bank policy, macroeconomics, commodities, trading strategy and the geopolitical events that affect global markets.
His work is informed by practical trading experience and supported by market data, economic releases, official documents and other relevant sources.
More by Vinit Makol
How to Set Stop-Loss in Forex Without Exiting Early
Learn how to set a smart stop-loss in Forex that avoids early exits and protects your trades using volatility and structure.
What Is the Difference Between Spot FX and Forex Futures?
Discover the key differences between Spot FX and Forex Futures. Learn how these currency derivatives works.
Why Does Pip Size Change Between Currency Pairs?
Learn why pip size changes between currency pairs, how to calculate pip value, and how it impacts forex trading risk.
What Is a Forex Pipette and Why Does It Matter?
Discover what a Forex pipette is, how it differs from a pip, and why it matters for precision trading in today’s forex market.
Strait of Hormuz Risk Premium: Impact on Gold & Forex
Understand the Strait of Hormuz Risk Premium and how it impacts gold prices and forex markets amid rising geopolitical tensions in 2025.
De-Dollarization: What It Means for Your Portfolio
De-dollarization is reshaping global finance. Learn what it means for your investment portfolio and how to hedge against dollar decline.
What Is Rate Differential Trading and How to Trade It in 2025?
Learn what rate differential trading is and how to trade it in 2025 using central bank interest rate gaps and carry trade forex strategies.
Central Bank Speech: How to Read Between the Lines?
Learn how to read a Central Bank Speech without jargon. Discover simple tips to interpret monetary policy and market signals like a pro.
How Trade Settlement in Local Currency Weakens the U.S. Dollar?
Learn how trade settlement in local currency works and why it's weakening the U.S. dollar’s global dominance across trade and finance.
How to Trade Gold During War Without Getting Caught in a Trap?
Learn how to trade gold during war safely. Avoid panic traps with smart strategies, real examples, and conflict-driven gold trading insights.
Why Did Gold Fall After the Iran Attack?
Why did gold fall after the Iran attack? Discover why safe-haven assets failed and what traders missed during the Iran U.S. conflict.
How to Read a Currency Strength Meter the Right Way?
Learn how to read a currency strength meter the right way. Discover real strategies to trade strong vs weak currency pairs effectively.
Oil Price Impact on Currencies: Which Ones Go Up or Down?
Learn how oil price movements impact currency values globally. Understand which currencies rise or fall when oil prices change.
Social Media Hype and Market Volatility Explained
Learn how social media hype fuels market volatility in gold and forex. Discover how traders can handle sentiment-driven swings.
How to Trade Forex During Unexpected News Without Panicking?
Learn how to trade forex during unexpected news without panicking. Master volatility with smart strategies and price action tactics.
What Moves the Dollar in 2025?
Discover what moves the dollar in 2025 beyond interest rates—geopolitics, trade wars, digital shifts, and reserve realignment.
What Is a Currency Crisis? 5 Examples Every Trader Should Know
Learn what a currency crisis is, what causes it, and how it affects forex markets. Explore five major examples and trader insights.
Risk-On vs Risk-Off Currencies Explained
Learn how risk-on vs risk-off currencies actually work in forex trading. Avoid common mistakes and trade smarter.
Inflation and Currency Value: What Traders Should Know
Learn how inflation and currency value are connected. Discover how rising prices affect exchange rates with real-world examples.