According to the dollar index (DX), which is a basket of currencies that track the dollar, it would appear as though the dollar is indeed going to be coming under more pressure. The dollar index is much like an index for stocks except in this case it is for currencies.
The U.S. Dollar Index consists of six foreign currencies:
1. Euro (EUR)
2. Yen (JPY)
3. Cable (GBP)
4. Loonie (CAD)
5. Krona (SEK)
6. Franc (CHF)
